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2951 Tuxedo Street Detroit, MI 48206 1125
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Key Details
Sold Price $138,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,706 sqft
Price per Sqft $51
Subdivision Mi
MLS Listing ID 60302107
Sold Date 07/03/24
Style 2 Story
Full Baths 2
Half Baths 1
Year Built 1924
Annual Tax Amount $921
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 34.00 x 123.00
Property Description
Welcome to an exciting investment opportunity, perfect for both experienced and new investors. Located just a short distance from the famous Boston Edison neighborhood and the acclaimed Durfee Innovation Society, this property is situated in a flourishing community rich with resources and ongoing development. The recently renovated upper unit has the potential to bring in $1,200 per month, while the lower unit, already occupied by a long-term tenant of over 16 years(currently on a month-to-month lease), generates $750 monthly. Bring all offers!
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Rooms
Basement Block, Partially Finished
Interior
Heating Baseboard
Cooling Central A/C
Fireplace No
Exterior
Exterior Feature Brick
Waterfront No
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Assessment Amount $340
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional,FHA,VA
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with LPS