$265,150
$250,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
563 Holbrook Avenue Detroit, MI 48202
6,534 Sqft Lot
Key Details
Sold Price $265,150
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Detroit City
Subdivision Sub Of Pt Of 1/4 Sec 44 (Plats)
MLS Listing ID 24005347
Sold Date 03/27/24
HOA Y/N true
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1912
Annual Tax Amount $1,051
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 40.00 x 160.00
Property Description
This FULLY OCCUPIED 2 family flat is nestled on a quiet block located in Detroit's highly sought after North End neighborhood. Both spacious 3 bedroom, 1 bathroom apartments include but are not limited to features such as hardwood floors, bedrooms with ample closet options, a street view balcony, and an updated kitchen with original built-in cabinetry. The plumbing, electrical, and heating systems are all brand new. This place is the perfect purchase for a savvy investor. The upstairs apartment is currently being rented for $1,475/month, while the downstairs unit is being rented for $875/month, providing a value add opportunity for an investor, or a remodel to create ideal living for a home buyer looking to house hack. There is also a recently announced City of Detroit funding for up to $15,000 per a unit for Duplexes. Less than 10 minute drive to downtown Detroit, and a 5 minute drive to midtown, this home ownership opportunity is uniquely rare and one to take advantage of. Newly renovated duplexes in the most desired neighborhoods in Detroit are moving quickly. It's your time to own a piece of Detroit's comeback in one of its premier neighborhoods with tons of investments happening and planned around the neighborhood. THERE ARE NO SHOWINGS WITHOUT AN ACCEPTED OFFER. $15,000 per a unit for Duplexes. Less than 10 minute drive to downtown Detroit, and a 5 minute drive to midtown, this home ownership opportunity is uniquely rare and one to take advantage of. Newly renovated duplexes in the most desired neighborhoods in Detroit are moving quickly. It's your time to own a piece of Detroit's comeback in one of its premier neighborhoods with tons of investments happening and planned around the neighborhood. THERE ARE NO SHOWINGS WITHOUT AN ACCEPTED OFFER.
Location
State MI
County Wayne
Area Wayne County - 100
Direction Holbrook Ave between Beaubien Blvd and Oakland Ave
Rooms
Basement Michigan Basement
Interior
Heating Forced Air, Natural Gas
Fireplaces Number 1
Exterior
Utilities Available Public Water Available, Public Sewer Available, Natural Gas Connected, Electric Connected
Amenities Available Pets Allowed
View Y/N No
Street Surface Paved
Building
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
School District Detroit
Others
Tax ID W03I002427S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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