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14405 Eastwood Street

Detroit, MI 48205
  • $199,900
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: 81024005929
UPDATED: 105 min ago
$199,900
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1929
County:
Lot Size Dimensions:
50X103

School Ratings & Info

School District:

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

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IDX provided courtesy of Realcomp II Ltd. via Real Estate For A CAUSE and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE 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: 2024-02-25T23:56:48.703.
www.refacmi.com/homes/147267517
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14405 Eastwood Street Detroit, MI 48205

  • Price: $199,900
  • Status: Active
  • On Site: 21 Days
  • Updated: 105 min ago
  • ID#: 81024005929
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1929
Built
Neighborhood:
Det 8 To Gratiot/Houston To 7
County:
Wayne
Area:
Det 8 To Gratiot/Houston To 7
School District:
DETROIT
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
Exterior Features

Construction Materials Brick Lot Size Dimensions 50X103 Parking Total 0 Road Frontage Feet 50 Road Frontage Type PavedPub. Sidewalk Roof Material CompositionRubber Waterfront YN No

Interior Features

Basement Type DaylightWalkout Access Basement YN Yes Heating No Heat Interior Features Laundry FacilityCable Available Laundry Facilities YN Yes Room Count 0

Property Features

Down Payment Resource YN No Gross Scheduled Income 195000.00 Land Contract YN No Listing Financing Cash Net Operating Income 120000.00 Ownership Status Private Owned Postal City Detroit Settlement City Sewer Public Sewer (Sewer-Sanitary)Sewer at Street Short Sale No Tax Amount Summer 286.0000 Title Standard (Private) Total Tax 286.0000 Transaction Type Sale Unparsed Address 14405 Eastwood Street Water Source Public (Municipal)Water at StreetNone

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Lacuna Group, LLC: (844) 222-9405 and Greater Metropolitan AOR, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Real Estate For A CAUSE and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE 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: 2024-02-25T23:56:48.703.
 
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