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5305 Newport Street

Detroit, MI 48213
Square Ft.
1,716
Active
Multifamily
Property Photo
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$170,000
Turnkey multifamily opportunity in Detroit's rapidly evolving Chandler Park neighborhood positioned just minutes from one of the city's largest and most active green spaces, Chandler Park. Chandler Park is Detroit's fourth largest park, featuring a public golf course, aquatic center, skate park, walking trails, and expansive green space, driving consistent… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of KW Professionals, (734) 459-4700
Listing Snapshot
Days Online
22
Last Updated
Property Type
Multifamily
Square Ft.
1,716
Lot Size
0.11 Acres
Year Built
1929
MLS Number
20261015683
30 Days Snapshot Of 48213
$43k
-35%
(avg) sold price
16
+33%
homes sold
57
-25%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
2 total units, 1 leased unit, 2 two-bedroom units, Built in 1929, Architectural style: Bungalow, Brick, 1,716 total square feet, 1,716 combined square feet, 992 total basement square feet, Unit count: 2
Cooling
Ceiling Fan(s), Window Unit(s)
Exterior Features
Fenced
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 1
Water Features
Natural Gas, Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.11, Lot size dimensions: 40X116
Miscellaneous
Gross scheduled income: $13,140, Income projection: Projected, Monthly rental income: $1,095, Net operating income: $10,970
Parking
2 parking spaces
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $1,946, Tax amount (winter): $0
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.
Hamilton Elementary-Middle School 313-870-0556 Public PK-8
East English Village Preparatory Academy at Finney 313-873-0655 Public 9-12
Hamilton Elementary-Middle School 313-870-0556 Public PK-8
Hamilton Elementary-Middle School 313-870-0556 Public PK-8
Hamilton Elementary-Middle School 313-870-0556 Public PK-8
East English Village Preparatory Academy at Finney 313-873-0655 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.

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