Timeless character meets investment potential, in this two-family flat located in the storied Fourth Street neighborhood between Midtown and Techtown. This property offers the opportunity to restore historic charm while creating modern, income-producing Two x 3 bed, 1 bath apartments, providing spacious layouts ready for redesign. Original features such as… Read More oak floors, natural trim, classic Victorian fireplace, solid wood cabinets; Full renovation needed - a clean slate for mechanical updates, and contemporary finishes. Possibilities for a finished third floor. This quiet neighborhood pocket sits among the multi-billion dollar developments at Henry Ford Hospital, Detroit Pistons Training Center, and Wayne State University, multiple schools, major freeways, and everyday amenities. Next door to the Henry Ford Health + Michigan State University Health Sciences Research Facility currently being erected. This duplex offers strong, long-term value in a rapidly evolving area. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Berkshire Hathaway HomeServices The Loft Warehouse, (313) 658-6400
Listing Snapshot
Days Online
116
Last Updated
Property Type
Multifamily
Square Ft.
2,208
Lot Size
0.06 Acres
Year Built
1910
MLS Number
20251058878
30 Days Snapshot Of 48202
$98k
+17%
(avg) sold price
9
0%
homes sold
89
-40%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved, Pub. Sidewalk
Basement
Unfinished, Basement?: 1
Building
2 total units, 2 three-bedroom units, Built in 1910, Architectural style: Upper/Lower Apartment, Brick, 2,208 total square feet, 2,208 combined square feet, 1,104 total basement square feet, Unit count: 2
Exterior Features
Private Entry, Fenced
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Natural Gas, Public (Municipal)
Heating
Forced Air, Natural Gas
Interior Features
Laundry Facility, Entrance Foyer, Fuses
Lot
Lot size area: 0.06, Lot size dimensions: 30X95
Miscellaneous
Gross scheduled income: $43,200, Income projection: Projected, Monthly rental income: $3,600, Net operating income: $43,200
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