$294,000
$298,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
506 - 508 KENILWORTH ST Detroit, MI 48202
4 Beds
4 Baths
3,280 SqFt
Key Details
Sold Price $294,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,280 sqft
Price per Sqft $89
Subdivision Glovers Mott Ave
MLS Listing ID 219120975
Sold Date 03/09/20
Style Quadruplex
Bedrooms 4
Full Baths 4
Originating Board Realcomp II Ltd
Year Built 1911
Annual Tax Amount $612
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 60.00X70.00
Property Description
INVESTMENT PROPERTY 4-UNIT APARTMENT BUILDING. Constructed in 1911. This bright, solid and clean brick apartment building flows with wonderful woodwork + hardwood floors throughout, open living area with large windows, spacious kitchen, 2 comfortable bedrooms plus 3rd room for office/entertaining and large full bathroom. Central stairway leading to the top 2 apartments. Classic tile in the entrance way. Basement is clean, dry with new glass block and hold the new and separated: electrical/ circuit breakers, water heaters, furnaces - all separate and all new! This building is solid and with all the upgrades you will not need to do anything for decades besides collect rent and equity. Currently 3 of the 4 units have long term, month to month, quiet and respectful paying tenants. Rent averages $550 a month which is significantly low for the area. Rents typically go for $1200 for equal space. Rent and equity potential is obvious.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family
Direction East of Woodward. North of Holbrook
Rooms
Basement Common
Interior
Hot Water Common
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Roof Type Other
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Sewer-Sanitary
Water Municipal Water
Architectural Style Quadruplex
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W03I002600S001
Ownership Private Owned,Short Sale - No
Assessment Amount $240
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
©2025 Realcomp II Ltd. Shareholders
Bought with KW Domain