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5227 Courville Street

Detroit, MI 48224
  • $115,000
  • STATUS: Accepting Backup Offers
  • ON SITE: 13 Days
  • ID#: 20240007213
Under Contract
UPDATED: 64 min ago
$115,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 1,986
    SQFT
  • $58
    $/SQFT
Type:
Multi-Family
Built:
1929
County:
Zoning:
Multi-Family
Lot Size Dimensions:
40.00 x 120.00

School Ratings & Info

School District:

Description

Welcome to a charming two-unit multifamily property nestled in the heart of Detroit's vibrant east side. This property features units with two bedrooms, living room, dining room, and kitchen. Both units are rented on a month-to-month lease. The lower unit pays $500 a month and has been there since March 2021. The upper unit pays $525 a month and moved in May 2023. Great opportunity to increase rents to market value. Units have separate hot water tanks, furnaces and electric panels. Tenants pay the electricity and gas, the owner pays water. Perfect for both investors and homeowners seeking rental income. Suited in a neighborhood where residents enjoy the convenience of nearby shops and restaurants. Don't miss this opportunity to own a piece of this thriving neighborhood.

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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: 2024-02-22T08:57:48.637.
www.refacmi.com/homes/147397389
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5227 Courville Street Detroit, MI 48224

  • Price: $115,000
  • Status: Accepting Backup Offers
  • On Site: 13 Days
  • Updated: 64 min ago
  • ID#: 20240007213
0
Beds
2
Baths
1
½ Baths
0.11
Acres
1,986
SQFT
$58
$/SQFT
1929
Built
Neighborhood:
Henry Russells Three Mile Drive Sub No 1 (Plats)
County:
Wayne
Area:
Det Con-mors/Grat. Hstn/7 Mack
School District:
DETROIT
Property Description
Welcome to a charming two-unit multifamily property nestled in the heart of Detroit's vibrant east side. This property features units with two bedrooms, living room, dining room, and kitchen. Both units are rented on a month-to-month lease. The lower unit pays $500 a month and has been there since March 2021. The upper unit pays $525 a month and moved in May 2023. Great opportunity to increase rents to market value. Units have separate hot water tanks, furnaces and electric panels. Tenants pay the electricity and gas, the owner pays water. Perfect for both investors and homeowners seeking rental income. Suited in a neighborhood where residents enjoy the convenience of nearby shops and restaurants. Don't miss this opportunity to own a piece of this thriving neighborhood.
Exterior Features

Architecture Level 2 Story Architecture Style Duplex Construction Materials Brick Foundation Details Basement Foundation Materials Poured Garage YN Yes Lot Size Dimensions 40.00 x 120.00 Parking Total 1 Pool YN No Road Frontage Feet 40 Road Frontage Type Paved Side Of Street W Waterfront YN No

Interior Features

Basement Type UnfinishedCommon Basement YN Yes Baths Total 2.10 Cooling Ceiling Fan(s) Fireplace YN No Heating Forced Air Heating Fuel Natural Gas Interior Features Laundry FacilityOther Laundry Facilities YN Yes Living Area Source Public Records Sq Ft Combined 1986 Sq Ft Total Basement 950 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 2 Water Heater Fuel Natural Gas

Property Features

Assessment 340.00 Down Payment Resource YN Yes Exclusions YN No Existing Lease YN Yes Gross Scheduled Income 12300.00 Homestead YN No Income Projection Actual Land Contract YN No Listing Financing CashConventionalWarranty Deed Monthly Rental Income 1025 Number Of Units Leased 2 Ownership Status Short Sale - NoPrivate Owned Percent Homestead Exempt YN No Pets Allowed Yes Postal City Detroit Protection Period 60 Days Rent Includes Water Restrictions YN No Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 1386.0000 Tax Amount Winter 122.0000 Title Standard (Private) Total Tax 1508.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 5227 COURVILLE Street Water Source Public (Municipal) Zone Conform YN Yes Zoning Multi-Family

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Keller Williams Advantage: (248) 380-8800 and Realcomp, ©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: 2024-02-22T08:57:48.637.
 
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