4631 Meldrum Street new

Detroit,MI 48207 1774

$ 50000

4 Beds

2 Baths

2282 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,282 sqft

Price per Sqft $21

Subdivision More Than One Subdivision Involved

MLS Listing ID 60350890

Style 2 Story

Bedrooms 4

Full Baths 2

Abv Grd Liv Area 2,282

Year Built 1905

Annual Tax Amount $526

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 30.00 x 200.00

Property Description

****Buy and hold, investor special, also Land Contract available*** Great opportunity in a booming neighborhood. Occupancy status is unknown to the seller. No showings. ARV of 240,000. "12.5 million was awarded to Detroit from USDOT and the state of Michigan to make the Gratiot corridor from 8 Mile Road to Downtown Detroit safer. - Sep 25, 2024." Land Cntrt Price: 60,000 / Land DWP: 30,000 / Land Int Rate: 0 / Land Payment: 1,000 / Land Cntrt Term: 30. This is part of a package deal or can be purchased separately. Other 2 from the package are: 18036 Mackay St, Detroit, and 19662 Mitchell St, Detroit. All 3 properties can be purchased as a package deal for 85,000 or on a Land Contract for 100,000 w/ 60,000 and 2,000 a month for 20 months. Total ARV for all 3 is 320,000 plus.

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Unfinished

Interior

Heating Hot Water

Exterior

Garage Detached Garage

Garage Spaces 1.0

Waterfront No

Garage Yes

Building

Story 2 Story

Foundation Basement

Water Public Water at Street

Architectural Style Colonial

Structure Type Aluminum

Schools

School District Detroit City School District

Others

Ownership Private

Assessment Amount $240

Energy Description Natural Gas

Financing Cash

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