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4072 Blaine Street

Detroit, MI 48204
  • $299,900
  • STATUS: Active
  • ON SITE: 148 Days
  • ID#: 2210051524
$299,900
  • 0
    BEDS
  • 0.1
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,014
    SQFT
  • $75
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Zoning:
Multi-Family
Lot Size Dimensions:
45.00X100.00

School Ratings & Info

School District:

Description

***Investor Special***Looking for an income producing property in a prime location?! Look no further! This solid brick 1920's multifamily unit is stones throw from I96, minutes from the new Livernois business district, a straight shot to Downtown Detroit! In the midst of a shortage of quality inventory you can own this multi family unit with 4, 1000 sq ft units with 1 bath and fireplace in each. Possible 5th & 6th unit could be added in the attic and basement. Building has laundry facility on site, with all separate utilities and meters. Newer furnaces and roof, and updates installed in 2020. Potential buyer could purchase vacant lot behind the building from the city of Detroit to create extra parking and or garage. Unlimited potential and an opportunity to get in at the ground level of an income producing investment in the midst of a property shortage. Warranty deed offered at closing, no back taxes or previous water transferred to buyer

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than GK Real Estate Team | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-11-26T23:55:55.757.
www.gkrealestateteam.com/homes/118884901
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4072 Blaine Street Detroit, MI 48204

  • Price: $299,900
  • Status: Active
  • On Site: 148 Days
  • ID#: 2210051524
0
Beds
4
Baths
0
½ Baths
0.1
Acres
4,014
SQFT
$75
$/SQFT
1920
Built
Neighborhood:
Dexter Blvd Sub (Plats)
County:
Wayne
Area:
Det: Livernois-i75 6-gd River
School District:
DETROIT
Property Description
***Investor Special***Looking for an income producing property in a prime location?! Look no further! This solid brick 1920's multifamily unit is stones throw from I96, minutes from the new Livernois business district, a straight shot to Downtown Detroit! In the midst of a shortage of quality inventory you can own this multi family unit with 4, 1000 sq ft units with 1 bath and fireplace in each. Possible 5th & 6th unit could be added in the attic and basement. Building has laundry facility on site, with all separate utilities and meters. Newer furnaces and roof, and updates installed in 2020. Potential buyer could purchase vacant lot behind the building from the city of Detroit to create extra parking and or garage. Unlimited potential and an opportunity to get in at the ground level of an income producing investment in the midst of a property shortage. Warranty deed offered at closing, no back taxes or previous water transferred to buyer
Exterior Features

Architecture Level 2 Story Architecture Style Other Construction Materials Brick Foundation Details Basement Foundation Materials Block Lot Size Dimensions 45.00X100.00 Pool YN No Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

Interior Features

Basement Type CommonUnfinished Basement YN Yes Baths Total 4.00 Heating Forced Air Heating Fuel Natural Gas Living Area Source Public Records Room Count 0 Sq Ft Combined 4014 Sq Ft Total Basement 2000 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 4 Water Heater Fuel Natural GasSeparate Meters

Property Features

Assessment 0 Down Payment Resource YN Yes Encroachment YN No Exclusions YN No Existing Lease YN Yes Gross Scheduled Income 31200.00 Income Projection Projected Land Contract YN No Legal Rental Certified YN No Listing Financing CashConventionalWarranty Deed Monthly Rental Income 2600 Net Operating Income 29900.00 Number Of Units Leased 4 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN Yes Pets Allowed Yes Postal City Detroit Protection Period 30 Settlement City Sewer Sewer At Street Short Sale No Tax Amount Summer 1311.0000 Tax Amount Winter 128.0000 Title Private - Owned Total Tax 1439.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 4072 BLAINE ST Water Source Municipal WaterWater At Street Zoning Multi-Family

IDX provided courtesy of Realcomp II Ltd., via C Miles Realty Llc and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than GK Real Estate Team | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-11-26T23:55:55.757.
 
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38705 Seven Mile, Ste 150
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