1531 W Warren Avenue new

Detroit,MI 48208

$ 524500

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 70466795

Year Built 1911

Annual Tax Amount $32,939

Tax Year 2024

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 57.93 X 130

Property Sub-Type Multi-Family

Property Description

Fully occupied 4-unit in highly desirable Woodbridge. All units are 1BR/1BA and leased, generating $4,105/month. No showings without an accepted offer. Seller Financing Offers must be at least 20% down and a 2 year balloon payment. Located on a tree-lined street near Wayne State, Henry Ford Hospital, DMC, and downtown amenities. Strong rental demand in the area makes this a great opportunity for investors seeking consistent cash flow. Walkable to restaurants, shops, and parks. Turnkey property in a prime Detroit neighborhood.

Location

State MI

County Wayne

Area Detroit (82001)

Interior

Heating Forced Air

Cooling None

Exterior

Exterior Feature Brick

Building

Foundation Basement

Structure Type Brick

Schools

School District Detroit City School District

Others

Energy Description Natural Gas

Financing Cash,Conventional,Land Contract

View More
Favorite Go Tour