REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 250,000
Est. payment | /mo
5 Baths
3,484 Sqft Lot
$ 250,000
Est. payment | /mo
5 Baths
3,484 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20250003193
Originating Board Realcomp
Year Built 1926
Annual Tax Amount $2,035
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 40 x 100
Property Description
This quadplex offers an incredible investment opportunity with current rental income and value-add potential. Two of the four units are tenant-occupied, providing immediate cash flow. The third 1-bed unit is nearly move in ready while the 3-bed unit requires TLC prior to renting. The highlight of the property is a unique on-site bar / open retail space, perfect for creating a communal or entertainment space to attract tenants or as a standalone revenue stream.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction N on Gratiot Ave then E on Shoemaker St
Rooms
Basement Slab
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Schools
School District Detroit
Others
Tax ID 21003289.
Acceptable Financing Cash, Conventional, Contract
Listing Terms Cash, Conventional, Contract
Listed by New Era Real Estate LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "