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Key Details
Sold Price $140,000
Property Type Multi-Family
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,933 sqft
Price per Sqft $47
Subdivision Seymour & Troesters Loyola Pk
MLS Listing ID 20240004027
Sold Date 05/31/24
Style Colonial
Bedrooms 2
Full Baths 2
Half Baths 1
Originating Board Realcomp II Ltd
Year Built 1929
Annual Tax Amount $3,231
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40.00 x 133.00
Property Description
ATTENTION ALL INVESTORS!!! AMAZING OPPORTUNITY TO OWN THIS 6 BEDROOM DUPLEX IN "BAGLEY SUBDIVISON" THAT WILL RENT OUT FOR $3,000 PER MONTH ONCE COMPLETED. ALSO MAKES A GREAT "FLIP" OPPORTUNITY. PLEASE REFERENCE 17553 ROSELAWN (SAME SUB). THIS WAS A TWO-FAMILY WE CONVERTED AND SOLD FOR $297K (CASH). WHETHER YOU KEEP IT AS A DUPLEX OR CONVERT IT INTO A SINGLE-FAMILY; COMPS RANGE FROM $280k ON THE LOW END TO $325k ON THE HIGHER END. THIS IS A NO-BRAINER INVESTMENT WITH PLENTY OF MEAT ON THE BONE FOR A FLIP OR AN AMAZING OPPPORTUNITY TO COLLECT THAT SWEAT EQUITY IN RENT EVERY MONTH. PROPERTY IS IN NEED OF TLC, AND REPAIR, HOWEVER ONCE REHABBED THE POSSIBILITIES ARE ENDLESS. THIS PROPERTY CAN ALSO BE PART OF A 4 PACK OF DUPLEXES. ALSO SEE 17187 NORTHLAWN, 17404 WISCONSIN, & 17529 ROSELAWN.
Location
State MI
County Wayne
Area Det 6-8 Grfld-Dequindre
Zoning Residential
Direction Take 7 Mile west make a left on Northlawn.
Rooms
Basement Unfinished
Interior
Heating Hot Water
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Road Frontage Paved
Garage yes
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial
Level or Stories 3 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W16I032202S
Ownership Short Sale - No,Private Owned
Assessment Amount $340
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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