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$40,000

Est. payment - /mo

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4 BD

4 BA

3,416 SqFt

Active

7069 ELMHURST Street Detroit, MI 48204

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Samantha Hillery

[email protected] +1(248) 917-6460

UPDATED:

12/14/2024 10:01 AM

Key Details

Property Type Multi-Family

Sub Type Colonial

Listing Status Active

Purchase Type For Sale

Square Footage 3,416 sqft

Price per Sqft $11

Subdivision Ponchartrain Heights Sub (Plats)

MLS Listing ID 20240091932

Style Colonial

Bedrooms 4

Full Baths 4

Originating Board Realcomp II Ltd

Year Built 1926

Annual Tax Amount $43

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 40.00 x 129.00

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 Det 6-Tire - Grnfld - Livernois

Zoning Residential

Direction W. of Livernois, S. side of Elmhurst

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 8.0

Road Frontage Paved

Garage yes

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Colonial

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W16I005723S

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Listed by Natasha C Richards of Bellabay Realty Tri Counties

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Samantha Hillery

Founder/Realtor | License ID: 6501419544

+1(248) 917-6460

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7069 ELMHURST Street Detroit, MI 48204

Samantha Hillery

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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7069 ELMHURST Street