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4087 W PHILADELPHIA Street Detroit, MI 48204
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Key Details
Sold Price $180,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 2,508 sqft
Price per Sqft $71
Subdivision Stormfeltz-Lovely Co Sub (Plats)
MLS Listing ID 20221019600
Style Other
Bedrooms 2
Full Baths 2
Year Built 1916
Annual Tax Amount $2,655
Lot Size 3,484 Sqft
Property Sub-Type Other
Property Description
PLEASE CALL/text Marta at 7343016553 PLEASE CALL/text Marta at 7343016553 Located 9 minutes from the infamous Boston Edison district, you will find 4027 West Philadelphia nestled on a 3,615 square foot lot in a quiet neighborhood of homeowners. This crown jewel duplex consists of 2 recently remodeled duplex 3 bed room units. Each unit has been upgraded and has newly installed furnace's and hot water tanks. In addition, each unit has brand new plumbing and electrical to insure maintenance free cash flow. Each spacious unit has freshly rolled rolled paint and brand new carpet with top of the line underlayment. The units leased to section 8 tenants and the monthly rents are $1,375 and $1,435. The tenants pay the utilities, which allows this complex to maintain a 17% ROI.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family
Interior
Heating Hot Water, Wall/Floor Furnace
Exterior
Garage Spaces 1.0
Building
Foundation Basement
Sewer Sewer at Street
Water Public (Municipal), Water at Street
Structure Type Brick
Schools
School District Detroit
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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