5,227 Sqft Lot
5,227 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active Under Contract
Purchase Type For Sale
Municipality Detroit City
MLS Listing ID 24055315
Year Built 1908
Annual Tax Amount $1,961
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 20 x 125
Property Description
Discover a rare investment opportunity in the heart of Piety Hill, one of Detroit's most sought-after neighborhoods. This recently renovated 4-unit property features studio apartments, with 3 long-term tenants in place and 1 unit currently operating as a successful Airbnb. Just a 5-minute drive to Midtown and less than 10 minutes from downtown Detroit, this property is perfectly positioned for convenience and growth.
With quadplexes in high-demand areas moving fast, now is the time to act. Whether you're expanding your investment portfolio or seeking a property with immediate rental income, this opportunity won't last long!
Location
State MI
County Wayne
Area Wayne County - 100
Direction Woodward Avenue to Hazelwood. Go west on Hazelwood to the property.
Rooms
Basement Full
Interior
Heating Radiant
Fireplaces Number 2
Exterior
Garage Concrete, Driveway
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Available
View Y/N No
Roof Type Composition
Total Parking Spaces 2
Building
Sewer Public Sewer
Structure Type Brick,Shingle Siding,Vinyl Siding
New Construction No
Schools
School District Detroit
Others
Tax ID 04002307.
Acceptable Financing FHA, Cash, Conventional
Listing Terms FHA, Cash, Conventional
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Lic# 501408694