Homes for sale - 5541 & 5543 Balfour Street, Detroit, MI 48224

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Chris Hubel

Good Company Realty

chris@chrishubel.com +1(248) 568-6030

$ 89,900

Est. payment -/mo

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5541 & 5543 Balfour Street Detroit, MI 48224

2 Baths

1,944 SqFt

UPDATED:

11/26/2024 11:14 PM

Key Details

Property Type Multi-Family

Sub Type Colonial

Listing Status Active

Purchase Type For Sale

Square Footage 1,944 sqft

Price per Sqft $46

MLS Listing ID 58050161997

Style Colonial

Full Baths 2

Originating Board MiRealSource

Year Built 1941

Annual Tax Amount $3,631

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 40 x 146

Property Description

Charming 2-Unit Multi-Family Property in Detroit "“ Great Investment or Conversion Opportunity. This well-maintained 2-unit multi-family home is an ideal investment opportunity or can easily be converted into a spacious single-family residence. Located in an up-and-coming area of Detroit, this property offers convenience and potential for growth. Both units have 2 bedrooms, full bathroom, kitchen and living room. Entry level's inviting living room offers a beautiful fireplace, perfect for cozy evenings. Functional layout offering ample living space in both units. 2 Car detached garage. Shared basement with laundry facility. The home is in a prime location with easy access to major expressways, making commuting to Downtown Detroit, The Points, or St. Clair Shores a breeze. Whether you're looking to capitalize on the rental market or transform it into your dream home, this property offers flexibility and fantastic value in a rapidly growing neighborhood. Don't miss out on this fantastic opportunity to own a property in a high-demand area with so much potential!

Location

State MI

County Wayne

Area Det Con-Mors/Grat. Hstn/7 Mack

Zoning Residential

Interior

Heating Forced Air, Separate Meters

Cooling Ceiling Fan(s)

Fireplace yes

Heat Source Natural Gas

Exterior

Porch Porch

Road Frontage Pub. Sidewalk

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Colonial

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID 21068743

Ownership Bank Owned,Short Sale - No

Acceptable Financing Cash, Conventional, FHA 203K

Listing Terms Cash, Conventional, FHA 203K

Financing Cash,Conventional,FHA 203K

Listed by Melanie Lovati of Innovation Real Estate Specialists Inc.