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$159,900
Est. payment /mo
3 Baths
4,791 Sqft Lot
New
1014 Waterman Street Detroit, MI 48209
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261074154
HOA Y/N true
Year Built 1915
Annual Tax Amount $6,656
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 30X157.5
Source Realcomp
Property Description
INVESTOR SPECIAL – HUGE VALUE-ADD OPPORTUNITY! This 2-unit multifamily duplex is priced to sell at $159,900 and ready for someone with vision to bring it back to life. Both units are in need of TLC and updating, making this an excellent opportunity for an investor looking to renovate, build equity, and maximize future rental or resale potential.Priced approximately 20–30% below updated multifamily properties in the area, there is plenty of room to add value through improvements. Renovate and hold for rental income, explore a house-hack opportunity, or reposition for resale. Bring your contractor, your creativity, and your vision — the potential is here! A great opportunity to breathe new life into this property and turn it into something special.
Location
State MI
County Wayne
Zoning Multi-Family
Direction N of Lafayette / E of SpringwellsDirections: I75 Springwells Service Dr & Waterman
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W18I008110S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by ICON Realty Experts, LLC
NEARBY SCHOOL & BUSINESS
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