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506 Westminster Street

Detroit, MI 48202
  • $499,000
  • STATUS: Pending
  • ON SITE: 27 Days
  • MLS #: 81024020988
Pending
UPDATED: 131 min ago
$499,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1910
County:
Lot Size Dimensions:
50 x 115

School Ratings & Info

School District:

Description

3/4 occupied. Nestled in Detroit's North End neighborhood, this fully leased quadplex is the perfect purchase for a savvy investor. Building received gut renovation in 2017. All 3 bed, 1 bath units have new plumbing, electrical, HVAC, Flooring, roofing, etc. Each unit has a dishwasher Washer dryer and storage in basement. Includes 2 gated off street parking. With a gross annual income of $58,080, this property is the perfect purchase for a savvy investor. Less than 10 minute drive to downtown Detroit, and a 5 minute drive to midtown, this investment opportunity is uniquely rare and one to take advantage of. Newly renovated quadplexes in the most desired neighborhoods in Detroit are moving quickly.

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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: 2024-05-29T12:00:59.293.
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506 Westminster Street Detroit, MI 48202

  • Price: $499,000
  • Status: Pending
  • On Site: 27 Days
  • Updated: 131 min ago
  • MLS #: 81024020988
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1910
Built
Neighborhood:
Det: Livernois-i75 6-gd River
County:
Wayne
Area:
Det: Livernois-i75 6-gd River
School District:
DETROIT
Property Description
3/4 occupied. Nestled in Detroit's North End neighborhood, this fully leased quadplex is the perfect purchase for a savvy investor. Building received gut renovation in 2017. All 3 bed, 1 bath units have new plumbing, electrical, HVAC, Flooring, roofing, etc. Each unit has a dishwasher Washer dryer and storage in basement. Includes 2 gated off street parking. With a gross annual income of $58,080, this property is the perfect purchase for a savvy investor. Less than 10 minute drive to downtown Detroit, and a 5 minute drive to midtown, this investment opportunity is uniquely rare and one to take advantage of. Newly renovated quadplexes in the most desired neighborhoods in Detroit are moving quickly.
Exterior Features

Construction Materials Brick Lot Size Dimensions 50 x 115 Parking Total 0 Road Frontage Feet 115 Road Frontage Type Paved Roof Material Other Waterfront YN No

Interior Features

Basement YN Yes Heating Forced Air Heating Fuel Natural Gas Interior Features Laundry Facility Laundry Facilities YN Yes Room Count 0 Unit Three Bed Number Of 4

Property Features

Down Payment Resource YN No Land Contract YN No Listing Financing CashConventional Ownership Status Private Owned Postal City Detroit Settlement City Sewer Public Sewer (Sewer-Sanitary)Sewer at Street Short Sale No Tax Amount Summer 1348.1900 Title Standard (Private) Total Tax 1348.1900 Transaction Type Sale Unparsed Address 506 Westminster Street Water Source Public (Municipal)Water at Street

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Prep Realty: (313) 355-3004 and Greater Metropolitan AOR, ©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: 2024-05-29T12:00:59.293.
 
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