$255,000
$305,000
16.4%For more information regarding the value of a property, please contact us for a free consultation.
444 E Philadelphia Street Detroit, MI 48202
5,227 Sqft Lot
Key Details
Sold Price $255,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Detroit City
MLS Listing ID 24009325
Sold Date 05/08/24
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1910
Annual Tax Amount $2,000
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 5227
Property Sub-Type 2 to 4 Units
Property Description
Welcome to 444 E Philadelphia a completely turnkey fully occupied duplex in midtown. Each unit has 3 bedrooms 1 full bath. Many updates and already been taken care of for you. New windows and roof in 2023 includes transferrable warranty. New appliances, hot water tanks, and fresh paint in both units. As a city-approved rental property, secured until 2025. Each unit is occupied with long-term tenants, a combined monthly rental income of $3,100. Unit 448 E Philadelphia is rented for $1,500/month until October 2024, Unit 444 E Philadelphia $1,600/month until October 2024.
This a perfect opportunity for an investor that is looking to generate rental income immediately!
Location
State MI
County Wayne
Area Wayne County - 100
Direction Brush to Holbrook then south on Philadelphia
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Fireplaces Number 1
Exterior
Utilities Available Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Natural Gas Connected, Electric Connected
View Y/N No
Building
Lot Description Sidewalk
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
School District Detroit
Others
Tax ID 01002579.
Acceptable Financing FHA, Cash, Conventional
Listing Terms FHA, Cash, Conventional
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