Detroit, MI 48205,11510 Flanders Street

$115,000

Est. payment /mo

$109,900

4.6%
Est.Price: ?

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11510 Flanders Street Detroit, MI 48205

2 Beds

5,662 Sqft Lot

SOLD DATE : 04/05/2024

Key Details

Sold Price $115,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 81024004761

Sold Date 04/05/24

Bedrooms 2

Originating Board Greater Metropolitan Association of REALTORS®

Year Built 1926

Annual Tax Amount $895

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 53 x 106

Property Description

Welcome to your investment opportunity! This updated 2-family flat, nestled in a vibrant Detroit neighborhood on the city's eastside, offers a blend of modern amenities and tenant stability. If you're an investor looking for a turn-key investment opportunity with rental income, this property is worth exploring. Each unit offers a full floor plan complete with 3 large bedrooms, 1 full bathroom, kitchen, living room and dining room. The property has undergone recent renovations including: New roof (2020), Kitchen (upstairs unit 2021), Sump Pump (2021), Bathroom (downstairs unit 2022) Front porch (upstairs unit 2023). Enjoy the peace of mind with long term, reliable tenants already in place (month to month leases), so you can begin to generate income immediately! This area is prime forredevelopment, located 1.5 blocks from Detroit City Airport, and a few short blocks from Gratiot Ave., which is undergoing a commercial real estate face lift, this home has the potential to see an appreciation in its value for many years to come! Don't miss out on this opportunity to own a well-maintained, income-generating property in the heart of Detroit's revitalization. Act fast, as properties like this are in high demand!

Location

State MI

County Wayne

Area Det 8 To Gratiot/Houston To 7

Direction Gratiot to Gunston

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 6.0

Roof Type Composition

Garage no

Building

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain

Water Public (Municipal), Water at Street

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID 21011424

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

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Realcomp MLS
Listed by Clayton Neal of Keller Williams Metro
Bought with EXP Realty

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