4
See all 4 photos
$55,000
Est. payment /mo
2 Baths
1,400 SqFt
Active
8072 NW Prairie ST Detroit, MI 48204
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $39
Subdivision Herbert L Bakers Greenfield Gardens Sub
MLS Listing ID 20261079208
Style Duplex
Full Baths 2
Year Built 1925
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type MultiFamily
Property Description
Location, Location, Location! Located on the border of Dearborn , MI and only minutes from Downtown Detroit, this home is priced to offer great built in equity for the savvy investor or handy man. This is an awesome investment setup to offer generational wealth! It has been setup as 2 unit investment property, however, it can be easily converted to a 1 family home. With the necessary updates, this sturdy property offers immediate equity based on 3 bedroom 2 bath comps projected around 3.5 times the purchase price. The first floor unit is very spacious with 2 bedrooms and setup for a bathroom and kitchen. The second floor unit has 1 spacious bedroom and is setup for another full kitchen and bathroom. This is a potential 2 income property and has awesome longstanding neighbors with an extra lot on the side of the property. Approximately 1.5 miles from the Jeffries expressway and super close proximity to downtown and the Grand BLVD business and medical districts. Other benefits: the city plans to expand the footprint of the downtown walking path to this nearby area. The property is sold AS IS and requires BATVAI.
Location
State MI
County Wayne
Area Area05042Det6Tiregrnfldlivernois
Rooms
Basement Unfinished
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features OnStreet
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Block
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition RealEstateOwned, ShortSaleNo
Pets Allowed Dogs Ok
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Listed by Hope Williams of Keller Williams Advantage
NEARBY SCHOOL & BUSINESS
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