6
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$62,500
Est. payment /mo
3 Baths
2,482 SqFt
New
4002 W Philadelphia Street Detroit, MI 48204 2447
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,482 sqft
Price per Sqft $25
Subdivision Mi
MLS Listing ID 61009338
Style 2 Story
Full Baths 2
Half Baths 1
Year Built 1922
Annual Tax Amount $2,899
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 36X104
Property Sub-Type Multi-Family
Property Description
Major capex is already done. A brand new roof and gutters mean zero deferred maintenance up top, and the plumbing and electrical have both been upgraded. The expensive, behind-the-walls work is finished. From here, it's all upside. Windows need replacing, an easy forced-appreciation play, while a massive unfinished bungalow attic sits primed to convert into an additional bedroom. Add a bed, add rent, add value on day one. The 2-car detached garage rounds it out as an extra income stream or premium tenant draw. Ideal BRRRR or buy-and-hold. Priced to move.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Joseph Walter Realty, LLC
Nearby Locations
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