Investor Special in Herman Kiefer Redevelopment Zone. A prime opportunity for investors ready to bring their vision to life. Major updates already completed including new windows, new roof, new framing, and new trim, all within a solid all brick structure. Positioned for strong returns, this property is ideal for cash… Read More flow, house hacking, or short term rental potential. The deep backyard adds additional value and flexibility for future use. Located in the heart of the Herman Kiefer redevelopment zone, just steps from The Congregation Detroit and minutes from the $3B Henry Ford Hospital expansion, this area is experiencing rapid growth and revitalization. A rare chance to invest in one of Detroit's most promising corridors with multiple exit strategies and long term upside. Available for package deal with 1693 Lee Pl. (20261019060) Read Less
Courtesy of KW Metro.
Listing Snapshot
Days Online
17
Last Updated
Property Type
Multi-Family
Square Ft.
2,022
Lot Size
0.07 Acres
MLS Number
60978328
30 Days Snapshot Of 48206
$1k
-28%
(avg) sold price
2
-50%
homes sold
48
-42%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Block
Building
2,022 square feet, 2 total units, Built in 1916, Duplex
Cooling
Other
Expenses
Total expenses: $1,800
Exterior Features
Brick
Foundation
Basement
Water Features
Public Water
Heating
Natural Gas, Other-See Remarks
Income
Net operating income: $31,800
Lot
Lot size: 30X100, 0.07 acres
Property
Multi-Family
Taxes
Total amount: $2,422
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