$115,000
$109,900
4.6%For more information regarding the value of a property, please contact us for a free consultation.
11510 Flanders Street Detroit, MI 48205
5,663 Sqft Lot
Key Details
Sold Price $115,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Detroit City
MLS Listing ID 24004761
Sold Date 04/05/24
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1926
Annual Tax Amount $895
Tax Year 2023
Lot Size 5,663 Sqft
Acres 0.13
Lot Dimensions 53 x 106
Property Sub-Type 2 to 4 Units
Property Description
Welcome to your investment opportunity! This updated 2-family flat, nestled in a vibrant Detroit neighborhood on the city's eastside, offers a blend of modern amenities and tenant stability. If you're an investor looking for a turn-key investment opportunity with rental income, this property is worth exploring. Each unit offers a full floor plan complete with 3 large bedrooms, 1 full bathroom, kitchen, living room and dining room. The property has undergone recent renovations including: New roof (2020), Kitchen (upstairs unit 2021), Sump Pump (2021), Bathroom (downstairs unit 2022)
Front porch (upstairs unit 2023). Enjoy the peace of mind with long term, reliable tenants already in place (month to month leases), so you can begin to generate income immediately! This area is prime for redevelopment, located 1.5 blocks from Detroit City Airport, and a few short blocks from Gratiot Ave., which is undergoing a commercial real estate face lift, this home has the potential to see an appreciation in its value for many years to come! Don't miss out on this opportunity to own a well-maintained, income-generating property in the heart of Detroit's revitalization. Act fast, as properties like this are in high demand! redevelopment, located 1.5 blocks from Detroit City Airport, and a few short blocks from Gratiot Ave., which is undergoing a commercial real estate face lift, this home has the potential to see an appreciation in its value for many years to come! Don't miss out on this opportunity to own a well-maintained, income-generating property in the heart of Detroit's revitalization. Act fast, as properties like this are in high demand!
Location
State MI
County Wayne
Area Wayne County - 100
Direction Gratiot to Gunston
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Fireplaces Number 1
Exterior
Utilities Available Phone Available, Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Natural Gas Connected
View Y/N No
Roof Type Composition
Total Parking Spaces 6
Building
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
School District Detroit
Others
Tax ID 21011424.
Acceptable Financing FHA, Cash, Conventional
Listing Terms FHA, Cash, Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION