1425 COLLINGWOOD Street Detroit, MI ^$ 15,750

1425 COLLINGWOOD Street

^$ 15,750

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1425 COLLINGWOOD Street

Detroit, MI, 48206

^$ 15,750

Studio Baths2.0 Sq 2,652

Monthly Estimate*

^$ 110

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Studio

Multi-Family Home for sale in Detroit, MI

for $15,750 with 2 full baths. This 2,652 square foot home was built in 1918 on a lot size of 0.11.

Great opportunity to own this multi-family unit and adjacent vacant lots close to downtown, hospitals and universities. Sale includes the following: 1425, 1449, 1443, 1429, 1437, 1461, 1467 Collingwood. Buyer must present a feasible financing plan for the total development costs and provide proof of funds for the equity involved in the financing. Current Zoning is R5. The Purchaser shall present construction plans or precedent architectural images of proposed development. Purchase is open to homeowners, investors and developers. Seller Purchase and Development Agreement to be provided upon acceptance of qualifying offer.

Multi-Family Active

Price

^$ 15,750

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.11

Year Built

1918

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60301140

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1918

Subdivision RANNEYS BLVD SUB (PLATS) MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 0

Percent Ownership Government Owned

Municipality Detroit

Zoning Multi-Family

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Lodge Service Dr to Street.

City Detroit

School District Detroit City School District

Street Name COLLINGWOOD

Financial Terms Cash

Legal Description S COLLINGWOOD W 3.01 FT 142 141 RANNEYS BLVD SUB L28 P72 PLATS W C R 6/150 33.01 X 143

DOM 28

Postal Code 48206

Price Per Sq Ft 5.94

Coming Soon Great opportunity to own this multi-family unit and adjacent vacant lots close to downtown hospitals and universities. Sale includes the following: 1425 1449 1443 1429 1437 1461

Interior

Basement Block

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Vinyl Siding

Frontage 33

Lot Size Area 0.11

Lot Dimensions 33.00X143.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Natasha Richards

Listing Agent

Bellabay Realty Tri Counties

Broker

natasharichards@comcast.net

Affordability Calculator

$110

Per Month

Monthly Principal & Interest: $110
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$222,486

Percent of Sale Price 1,313%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/17/2024	$15,750		Listed Price

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1425 COLLINGWOOD Street, Detroit, MI, 48206 is a Multi-Family Home for sale at $15,750 with 2,652 sqft and a lot size of 0.11. 1425 COLLINGWOOD Street is a studio with 2.0 baths and was built in 1918. The property's zip code is 48206 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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1425 COLLINGWOOD Street

Multi-Family Home for sale in Detroit, MI

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