Detroit, MI 48206,1625 Lawrence Street

$45,000

Est. payment /mo

$65,000

30.8%
Est.Price: ?

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1625 Lawrence Street Detroit, MI 48206

2 Beds

2 Baths

2,028 SqFt

SOLD DATE : 10/11/2022

Key Details

Sold Price $45,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,028 sqft

Price per Sqft $22

Subdivision Lawrence Park (Plats)

MLS Listing ID 20221030677

Sold Date 10/11/22

Style Duplex

Bedrooms 2

Full Baths 2

Originating Board Realcomp II Ltd

Year Built 1920

Annual Tax Amount $835

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 35.00 x 110.00

Property Description

This duplex is located directly adjacent to the highly desirable Boston Edison Historic District. TLC needed. Once renovated, each 3 bed / 1 bath flat should rent for $1,200 monthly, the perfect purchase for a home buyer looking for a tenant to pay their mortgage or a savvy investor in search of significant cashflow. Less than 10 minute drive to downtown Detroit, and a 5 minute drive to midtown, this home ownership opportunity is uniquely rare and one to take advantage of. It's your time to own a piece of Detroit’s comeback!

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Multi-Family,Residential

Direction Lawrence Woodrow Wilson and Rosa Parks

Rooms

Basement Unfinished

Interior

Heating Hot Water

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 1.0

Road Frontage Paved

Garage yes

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Duplex

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W06I002954S

Ownership Short Sale - No,Private Owned

Assessment Amount $340

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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Realcomp MLS
Listed by Ishma D Best of PREP Realty
Bought with Front Page Properties

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