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1739 Central Street Detroit, MI $ 615,000
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$ 615,000 Get more info
1739 Central Street
$ 615,000
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1739 Central Street

Detroit, MI, 48209
$ 615,000
Baths0.0

Monthly Estimate*

$ 4,087

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Studio

Multi-Family Home for sale in Detroit, MI

for $615,000. This home was built in 1927 on a lot size of 0.1.

Great investment opportunity! Newly updated 6 unit occupied apartment building with leases in place in Southwest Detroit. Your tenants will enjoy all that Mexican Town has to offer! The entire building has been rental certified and has passed lead inspection by the city of Detroit. There are a total of 6 two bedroom units. 5 units are currently occupied while the remaining 1 unit is vacant. The vacant unit has been cleaned and freshly painted and are currently being shown to fill with tenants. The building is separated into two entrances. The first entrance includes the front two units and the side entrance leads to the remaining 4 units. Each unit is separately metered. All furnaces for the building have been updated in 2020. The seller is opening to seller financing.

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Multi-Family Active

Price

$ 615,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,176

Style

5+ Units

Lot Size

0.1

Year Built

1927

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

24023134
Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Utilities Public Water Available Public Sewer Available Natural Gas Connected
Construction Materials Brick
Year Built 1927
Tenant Pays Electric Water Gas
Township Detroit City
Property SubType 5+ Units
Tax Year 2023
Gross Income 61200.0
County Wayne
New Construction N
Property Type Multi-Family
Subdivision Name FERNDALE AVE SUB (PLATS)
Status Active
Directions Central and Cahalan
City Detroit
High School District Detroit
Zoning Description Multi-Family
NumberOfUnitsTotal 6
MLS Area Wayne County - 100
Lot Size Units Acres
Lot Size Square Feet 4356.0
Waterfront Y/N N
Street Name Central
Land Lease Y/N N
Tax Annual Amount 1176.0
Lease Renewal Y/N N
MLS Area Minor Wayne County - 100
Additional Parcels Y/N N
Rent Control Y/N N
Days on Market 27
Standard Status Active
Tax Assessed Value 10830
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. W CENTRAL 550 FERNDALE AVE SUB L30 P56 PLATS W C R 20/349 39 X 110
Senior Community None
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Interior
Basement Full
Total Fireplaces 1
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Street Suffix Street
Laundry Features In Basement
Electric On Property Y/N N
Total Baths 0
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Exterior
Total Parking 0.0
Lot Size Area 0.1
Number of Buildings 1
Spa N
Lot Dimensions 39x110
Lot Size Acres 0.1
Road Surface Type Paved
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1739
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* Excluded Features
List By
Golden Key Real Estate Llc

Broker

ryan.heward@goldenkeydetroit.com

Email

Affordability Calculator

$4,185
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,087
Monthly Property Taxes
$98
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3706345 Elementary School
3706341 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/10/2024$615,000 Listed Price

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1739 Central Street, Detroit, MI, 48209 is a Multi-Family Home for sale at $615,000 with a lot size of 0.1. 1739 Central Street is a studio with 0.0 baths and was built in 1927. The property's zip code is 48209 which is in Detroit, MI

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