MLS # 20261026752 (Realcomp)

Here's a great opportunity to jump into the multi-family investment market for a great price in a good location! This 4-unit property is in great overall shape, but interior needs some rehab to get units ready for rent. Seller also owns and has listed 16241 E Seven Mile and is willing to sell the two together on a discount. That building has 3/4 units rented with long term tenants and 4th unit in good condition up for lease. Seller will give a discount if you buy both buildings.
Source: SparkMLS
Located in Burbank in Detroit, this property offers 4-bath, with original construction dating to 1954.
Currently offered at $200,000.
Property tax estimate: $3,081 per year ($257/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
W KELLY RD 41&40 AVALON HEIGHTS SUB L49 P100 PLATS, W C R 21/789 78.18 IRREG
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Gregory White
Imagine Home Realty
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
19161 Kelly Road, Detroit, MI 48224
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Neighborhood
Burbank
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Community
Detroit
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County
Wayne County
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