309 Melbourne Street

Detroit, MI 48202
Square Ft.
1,884
$274,500
Turnkey three-unit multi family investment opportunity in Detroit. Two of the three units are currently tenant-occupied while the third floor lease recently lapsed March 1st. Property features newer finishes throughout, minimizing up front capital expenditures. Ideally located just minutes from Woodward Avenue, Wayne State University and Little Caesars Arena, withRead MoreRead Less
Courtesy of Lucido and Associates, Inc.
Listing Snapshot
Days Online
38
Last Updated
Property Type
Multi-Family
Square Ft.
1,884
Lot Size
0.11 Acres
MLS Number
50200604
30 Days Snapshot Of 48202
$64k
-60%
(avg) sold price
2
-50%
homes sold
51
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Range/Oven, Refrigerator
Basement
Common
Building
1,884 square feet, 3 total units, Built in 1915, Separate heat?: No, Style: More than 2 Stories, 1 to 4 Units
Community
Laundry Facility
Cooling
Window Unit(s)
Exterior Features
Brick, Fenced Yard, Porch
Foundation
Basement
Water Features
Public Water
Heating
Natural Gas, Forced Air
Lot
Lot size: 40 x 114, 0.11 acres
Sewer
Public Sanitary
Taxes
Total amount: $2,274
Unit One
Rent: $940, Occupied status: Yes
Unit Two
Rent: $1,025, Occupied status: Yes
Unit Three
Rent: $600, Occupied status: Yes
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Aaron Wiens
Co-founder & Broker
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