$100,000
$199,900
50.0%For more information regarding the value of a property, please contact us for a free consultation.
14405 Eastwood Street Detroit, MI 48205
5,227 Sqft Lot
Key Details
Sold Price $100,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Municipality Detroit City
MLS Listing ID 24005929
Sold Date 06/28/24
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1929
Annual Tax Amount $286
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 50X103
Property Description
Transformative 17-Unit Apartment Building, a property with profound potential, located in the heart of Detroit. This 17-unit, historic building represents an unmatched opportunity for the right investor. The renovation on this building has already begun! In the past two years over $200,000 have been spent on a Major Structural Overhaul, Additional Framing on exterior walls, Brand New Roof, A Complete Clean Out on all floors (over $100k in clean out costs), as well as the addition, and clearing, of the adjacent lot.
This blank slate is ready to be transformed. This is a chance not just to renovate a building, but to breathe new life into an entire community. Please Review Marketing Flyer for full Pro Forma
Location
State MI
County Wayne
Area Wayne County - 100
Direction Take Chalmers south from 7 mile and 14405 ?Eastwood can be seen on your left
Rooms
Basement Daylight, Walk Out, Full
Interior
Heating None
Cooling None
Fireplaces Number 1
Laundry In Unit
Exterior
Utilities Available Water Available, Sewer Available, Electricity Available, Cable Available, Natural Gas Connected
View Y/N No
Roof Type Composition,Rubber
Street Surface Paved
Building
Lot Description Sidewalk, Corner Lot
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
School District Detroit
Others
Tax ID 21019524.
Acceptable Financing Cash
Listing Terms Cash
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