$100,000
$199,900
50.0%For more information regarding the value of a property, please contact us for a free consultation.
14405 Eastwood Street Detroit, MI 48205
5,227 Sqft Lot
Key Details
Sold Price $100,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 81024005929
Sold Date 06/28/24
Originating Board Greater Metropolitan Association of REALTORS®
Year Built 1929
Annual Tax Amount $286
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 50X103
Property Description
Transformative 17-Unit Apartment Building, a property with profound potential, located in the heart of Detroit. This 17-unit, historic building represents an unmatched opportunity for the right investor. The renovation on this building has already begun! In the past two years over $200,000 have been spent on a Major Structural Overhaul, Additional Framing on exterior walls, Brand New Roof, A Complete Clean Out on all floors (over $100k in clean out costs), as well as the addition, and clearing, of the adjacent lot.This blank slate is ready to be transformed. This is a chance not just to renovate a building, but to breathe new life into an entire community. Please Review Marketing Flyer for full Pro Forma
Location
State MI
County Wayne
Area Det 8 To Gratiot/Houston To 7
Direction Take Chalmers south from 7 mile and 14405 ?Eastwood can be seen on your left
Rooms
Basement Daylight, Walkout Access
Interior
Interior Features Laundry Facility, Cable Available
Heating No Heat
Fireplace no
Laundry 1
Exterior
Roof Type Composition,Rubber
Road Frontage Paved, Pub. Sidewalk
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street, None
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID 21019524
Ownership Private Owned
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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