50
See all 50 photos
$30,000
Est. payment /mo
4 Baths
5,227 Sqft Lot
Pending
7069 ELMHURST Street Detroit, MI 48204
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Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 20240091932
HOA Y/N true
Year Built 1926
Annual Tax Amount $43
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40.00 x 129.00
Source Realcomp
Property Description
Located in a rapidly growing neighborhood, this 4-unit multi-family property offers an incredible potential investment opportunity. Each of the four spacious units features 2 bedrooms, providing ample living space. With over 3,400 square feet, this property boasts plenty of room for both residents and potential for higher rental income as the area continues to develop. This property offers a fantastic opportunity to own a piece of a growing community while benefiting from a strong rental market. Don't miss out on the chance to add this promising asset to your portfolio! The Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction W. of Livernois, S. side of Elmhurst
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W16I005723S
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"Other":true}
Listed by Bellabay Realty Tri Counties