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10027 Elmira Street

Detroit, MI 48204
  • $59,900
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 20240032452
UPDATED: 135 min ago
$59,900
  • 0
    BEDS
  • 0.09
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,680
    SQFT
  • $36
    $/SQFT
Type:
Multi-Family
Built:
1926
County:
Zoning:
Multi-Family
Lot Size Dimensions:
40.00 x 100.00

School Ratings & Info

School District:

Description

***Investor Special*** This recently vacated multi-family unit is an investor's dream. With a competitive price, this property features a 1-bedroom, 1-bathroom unit upstairs and a 2-bedroom, 1-bathroom unit downstairs. Each unit has a sizeable living room, formal dining room, and its own separate entrance and basement access. The property boasts a large, fenced yard and is conveniently located with easy access to downtown Detroit via Grand River Avenue, or to northern Detroit suburbs via quick connections to I-96 and the Lodge Freeways. With some rehabilitation and updates, this could become a profitable multi-unit rental property. Potential rental income could reach up to $2,000/month, with an after-repair value (ARV) of $119k and higher, based on comparable properties in the same block and surrounding areas.

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-05-24T20:03:23.793.
www.real5.com/homes/150483544
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10027 Elmira Street Detroit, MI 48204

  • Price: $59,900
  • Status: Active
  • On Site: 10 Days
  • Updated: 135 min ago
  • MLS #: 20240032452
0
Beds
2
Baths
0
½ Baths
0.09
Acres
1,680
SQFT
$36
$/SQFT
1926
Built
Neighborhood:
B E Taylors Southlawn (Plats)
County:
Wayne
Area:
Det 6-tire - Grnfld - Livernois
School District:
DETROIT
Property Description
***Investor Special*** This recently vacated multi-family unit is an investor's dream. With a competitive price, this property features a 1-bedroom, 1-bathroom unit upstairs and a 2-bedroom, 1-bathroom unit downstairs. Each unit has a sizeable living room, formal dining room, and its own separate entrance and basement access. The property boasts a large, fenced yard and is conveniently located with easy access to downtown Detroit via Grand River Avenue, or to northern Detroit suburbs via quick connections to I-96 and the Lodge Freeways. With some rehabilitation and updates, this could become a profitable multi-unit rental property. Potential rental income could reach up to $2,000/month, with an after-repair value (ARV) of $119k and higher, based on comparable properties in the same block and surrounding areas.
Exterior Features

Architecture Level 2 Story Architecture Style Bungalow Construction Materials Vinyl Foundation Details Basement Foundation Materials Block Garage YN Yes Lot Size Dimensions 40.00 x 100.00 Parking Total 1 Pool YN No Road Frontage Feet 0 Road Frontage Type Paved Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 2.00 Fireplace YN No Heating Forced Air Heating Fuel Natural Gas Living Area Source Public Records Sq Ft Combined 1680 Sq Ft Total Basement 960 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 1 Unit Three Bed Number Of 0 Unit Two Bed Number Of 1

Property Features

Assessment 240.00 Down Payment Resource YN Yes Exclusions YN No Existing Lease YN No Gross Scheduled Income 0.00 Income Projection Projected Inventory List YN No Land Contract YN No Listing Financing CashConventional Monthly Rental Income 0 Number Of Units Leased 0 Ownership Status Short Sale - NoPrivate Owned Percent Homestead Exempt YN Yes Pets Allowed Cats OKDogs OK Postal City Detroit Protection Period 30 Restrictions YN No Settlement City Sewer Public Sewer (Sewer-Sanitary)Sewer at Street Short Sale No Tax Amount Summer 939.0000 Tax Amount Winter 110.0000 Title Standard (Private) Total Tax 1049.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 10027 ELMIRA Street Water Source Public (Municipal) Zoning Multi-Family

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via C Miles Realty LLC: (313) 912-6694 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-05-24T20:03:23.793.
 
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