Detroit, MI 48202,563 Holbrook Avenue
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Detroit, MI 48202,563 Holbrook Avenue
Detroit, MI 48202,563 Holbrook Avenue
Detroit, MI 48202,563 Holbrook Avenue
Detroit, MI 48202,563 Holbrook Avenue

$265,150

Est. payment /mo

$250,000

6.1%
Est.Price: ?

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563 Holbrook Avenue Detroit, MI 48202

6,534 Sqft Lot

SOLD DATE : 03/27/2024

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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Listed by Prep Realty
agent

Shannon Prain

Broker Associate | License ID: 6506046723

+1(517) 937-7834

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