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1729 Lee Place

Detroit, MI 48206
Square Ft.
2,340
Active
Multifamily
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$25,000
Development Opportunity in Detroit's Historic Virginia Park Neighborhood. Welcome to 1729 Lee Place, a multi-family property located in the heart of Detroit's desirable Virginia Park Neighborhood. This property presents a solid opportunity for investors, developers, or owner-occupants seeking to establish a presence in a neighborhood experiencing continued revitalization. The property… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Next Level Realty & Investments, (734) 506-0076
Listing Snapshot
Days Online
71
Last Updated
Property Type
Multifamily
Square Ft.
2,340
Lot Size
0.07 Acres
Year Built
1923
MLS Number
20261001410
30 Days Snapshot Of 48206
$101k
-18%
(avg) sold price
18
+28%
homes sold
93
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
2 total units, 2 three-bedroom units, Built in 1923, Architectural style: Upper/Lower Apartment, Brick, 2,340 total square feet, 2,340 combined square feet, 1,170 total basement square feet, Unit count: 2
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Community
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.07, Lot size dimensions: 30X100
Miscellaneous
Gross scheduled income: $28,800, Income projection: Projected, Monthly rental income: $2,400, Net operating income: $28,000, Operating expense: $800
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $1, Tax amount (winter): $1
Sewer
Sewer (Sewer-Sanitary)
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Monthly Payment
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GEM Realty & Development
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Schools In The Area

Check out nearby schools with ratings and contact info.
Thirkell Elementary-Middle School 313-596-0990 Public KG-8
Northwestern High School 313-596-0700 Public 9-12
Thirkell Elementary-Middle School 313-596-0990 Public KG-8
Thirkell Elementary-Middle School 313-596-0990 Public KG-8
Thirkell Elementary-Middle School 313-596-0990 Public KG-8
Northwestern High School 313-596-0700 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via GEM Realty & Development and Gregory Morad, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via GEM Realty & Development and Gregory Morad, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.