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2480 Calvert Street

Detroit, MI 48206
  • $180,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 20240027464
UPDATED: 106 min ago
$180,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 3,750
    SQFT
  • $48
    $/SQFT
Type:
Multi-Family
Built:
1924
County:
Zoning:
Multi-Family
Lot Size Dimensions:
35.00 x 138.00

School Ratings & Info

School District:

Description

Welcome to 2480 Calvert, located in the up-and-coming city of Detroit, MI. This TURNKEY investment property is a rare find, offering the perfect opportunity for savvy investors looking to add to their portfolio. Situated near the prestigious Boston Edison district, this property is already a gem in the making.Featuring a total of three units, all of the heavy rehab work has already been taken care of, allowing you to start making money from day one. One unit is already filled, showcasing the high demand for rental properties in the area. With an average ARV of $200,000, this property has immense potential for growth and appreciation in value.Rental rates in the area are averaging at an impressive $2,650 per month for all three units once fully occupied. This means you have the opportunity to increase your profits significantly by filling the remaining vacant unit. With a little bit of effort, you can maximize your returns and enjoy a steady stream of rental income for years to come.Don't miss out on this fantastic opportunity to own a piece of Detroit's real estate market. Take advantage of the thriving rental market and start reaping the benefits of owning a profitable investment property. Schedule a viewing today and see for yourself the potential that 2480 Calvert has to offer.BATVAI

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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: 2024-05-28T16:03:41.333.
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2480 Calvert Street Detroit, MI 48206

  • Price: $180,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 106 min ago
  • MLS #: 20240027464
0
Beds
3
Baths
1
½ Baths
0.11
Acres
3,750
SQFT
$48
$/SQFT
1924
Built
Neighborhood:
JOY FARM (ALSO P39 PLATS)
County:
Wayne
Area:
Det: Livernois-i75 6-gd River
School District:
DETROIT
Property Description
Welcome to 2480 Calvert, located in the up-and-coming city of Detroit, MI. This TURNKEY investment property is a rare find, offering the perfect opportunity for savvy investors looking to add to their portfolio. Situated near the prestigious Boston Edison district, this property is already a gem in the making.Featuring a total of three units, all of the heavy rehab work has already been taken care of, allowing you to start making money from day one. One unit is already filled, showcasing the high demand for rental properties in the area. With an average ARV of $200,000, this property has immense potential for growth and appreciation in value.Rental rates in the area are averaging at an impressive $2,650 per month for all three units once fully occupied. This means you have the opportunity to increase your profits significantly by filling the remaining vacant unit. With a little bit of effort, you can maximize your returns and enjoy a steady stream of rental income for years to come.Don't miss out on this fantastic opportunity to own a piece of Detroit's real estate market. Take advantage of the thriving rental market and start reaping the benefits of owning a profitable investment property. Schedule a viewing today and see for yourself the potential that 2480 Calvert has to offer.BATVAI
Exterior Features

Architecture Level 3 Story Architecture Style Colonial Construction Materials Brick Foundation Details Basement Foundation Materials Block Garage YN Yes Lot Size Dimensions 35.00 x 138.00 Parking Total 2 Pool YN No Road Frontage Feet 0 Road Frontage Type Paved Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 3.10 Fireplace YN No Heating Hot Water Heating Fuel Natural Gas Living Area Source Public Records Sq Ft Combined 3750 Sq Ft Total Basement 1500 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 1 Unit Three Bed Number Of 2 Unit Two Bed Number Of 0

Property Features

Assessment 340.00 Down Payment Resource YN Yes Existing Lease YN Yes Gross Scheduled Income 36600.00 Homestead YN No Income Projection Projected Land Contract YN No Listing Financing CashConventional Monthly Rental Income 2550 Number Of Units Leased 3 Ownership Status Short Sale - NoPrivate Owned Percent Homestead Exempt YN No Pets Allowed Call Postal City Detroit Protection Period 90 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 2611.0000 Tax Amount Winter 278.0000 Title Standard (Private) Total Tax 2889.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 2480 CALVERT Street Water Source Public (Municipal) Zoning Multi-Family

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Fortuna & Associates Real Estate Services LLC: (586) 615-2868 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: 2024-05-28T16:03:41.333.
 
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