$115,000
$109,900
4.6%For more information regarding the value of a property, please contact us for a free consultation.
11510 Flanders Street Detroit, MI 48205
2 Beds
5,662 Sqft Lot
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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