Detroit, MI 48205,14405 Eastwood Street

$100,000

Est. payment /mo

$199,900

50.0%
Est.Price: ?

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14405 Eastwood Street Detroit, MI 48205

5,227 Sqft Lot

SOLD DATE : 06/28/2024

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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Realcomp MLS
Listed by James Duncanson of Lacuna Group, LLC
Bought with Realty Pros

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