20035 SCHOENHERR Street Pending

Detroit,MI 48205

$ 94900

2 Beds

2 Baths

1456 SqFt


Key Details

Property Type Multi-Family

Sub Type Upper/Lower Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 1,456 sqft

Price per Sqft $65

Subdivision Feldman & Feldman Palomar Park

MLS Listing ID 20240069848

Style Upper/Lower Apartment

Bedrooms 2

Full Baths 2

Originating Board Realcomp II Ltd

Year Built 1956

Annual Tax Amount $1,565

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 50.00 x 100.00

Property Description

This multifamily property presents a fantastic investment opportunity, currently featuring one unit rented for $500 below market value. Its prime location and potential for increased rental income offers immediate cash flow and significant upside for savvy investors. The well-maintained units boast desirable amenities and are situated in a thriving neighborhood, making it an attractive choice for both current and future tenants. Don’t miss the chance to capitalize on this exceptional value!

Location

State MI

County Wayne

Area Det 8 To Gratiot/Houston To 7

Zoning Multi-Family

Direction East 8 Mile and South of Schoenherr

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Road Frontage Paved

Garage yes

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Upper/Lower Apartment

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W21I029682C4

Ownership Short Sale - No,Private Owned

Assessment Amount $340

Acceptable Financing Cash,Conventional,FHA,VA

Listing Terms Cash,Conventional,FHA,VA

Financing Cash,Conventional,FHA,VA

View More
Favorite Go Tour