502 HARMON Street Detroit, MI ^$ 329,000

502 HARMON Street

^$ 329,000

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502 HARMON Street

Detroit, MI, 48202

^$ 329,000

Studio Baths2.0 Sq 2,850

Monthly Estimate*

^$ 2,298

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Studio

Multi-Family Home for sale in Detroit, MI

for $329,000 with 2 full baths. This 2,850 square foot home was built in 1913 on a lot size of 0.1.

Located in the North End neighborhood, each unit in this spacious brick duplex features a stunning stone fireplace and a sunroom/kitchenette off the main kitchen, complete with sleek granite countertops, subway tile, and stainless steel appliances. The lower unit consists of three bedrooms and one bath, while the upper unit features two bedrooms and one bath, along with a large finished attic that provides the flexibility to generate higher rents or offers a versatile space for an owner to enjoy while renting out the lower unit. This property underwent a complete renovation in 2019, which included a new roof, windows, mechanical systems, plumbing, electrical, and more. Fully occupied.

Multi-Family Active

Price

^$ 329,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,211

Style

Colonial

Lot Size

0.1

Year Built

1913

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60305179

Features

General

Heating Forced Air

Cooling Central A/C

Possession Subject To Tenant Rights

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1913

Parking Garage On Street

Subdivision HUNT & LEGGETTS SUB (PLATS) MI

Water Heater Gas

Style Colonial

County Wayne

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality Detroit

Zoning Multi-Family

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Woodward North To Harmon

City Detroit

School District Detroit City School District

Street Name HARMON

Financial Terms Cash Conventional FHA VA

Legal Description Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2022. S HARMON 276 & N 23 FT VAC CANIFF AVE ADJ HUNT & LEGGETTS SUB L10 P40 PLATS

DOM 12

Postal Code 48202

Price Per Sq Ft 115.44

Coming Soon Located in the North End neighborhood each unit in this spacious brick duplex features a stunning stone fireplace and a sunroom/kitchenette off the main kitchen

Exterior

Exterior Brick

Frontage 0

Lot Size Area 0.1

Lot Dimensions 30.00 x 150.00

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Shalom Dubov

Listing Agent

O'connor Realty Detroit, Llc

Broker

shalom@oconnordetroit.com

Affordability Calculator

$2,399

Per Month

Monthly Principal & Interest: $2,298
Monthly Property Taxes: $101
Monthly Home Insurance: --

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Down Payment

Loan Term

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 32%

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
5/3/2024	$329,000		Listed Price

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502 HARMON Street, Detroit, MI, 48202 is a Multi-Family Home for sale at $329,000 with 2,850 sqft and a lot size of 0.1. 502 HARMON Street is a studio with 2.0 baths and was built in 1913. The property's zip code is 48202 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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502 HARMON Street

Multi-Family Home for sale in Detroit, MI

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