MLS # 20261039599 (Realcomp)

Investor special! Spacious brick two-unit multifamily property in Detroit featuring two 3-bedroom units with strong rental upside. Once renovated, this property has the potential to generate solid monthly income and become a strong long-term cash-flow asset. Ideal for investors, house hackers, or buyers looking to live in one unit and rent the other. Property needs renovation. Cash, private lending, or renovation loan financing preferred.
Source: SparkMLS
Located in Rosa Parks in Detroit, this property offers 6-bedroom, 2-bath, 2,534 sq ft, with original construction dating to 1918.
Listed at $54,900 (about $22/sq ft).
Annual property taxes run approximately $321 ($27/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
PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2026. N PINGREE 74 DEXTER BLVD SUB L30 P32 PLATS, W C R 14/169 35 X 105
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Fadol Awada
Own It 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
4046 Pingree Street, Detroit, MI 48204
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Neighborhood
Rosa Parks
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Community
Detroit
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County
Wayne County
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