16241 E 7 Mile Road, Detroit, MI 48205
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$ 230,000
Est. payment | /mo

3 Baths

5,227 Sqft Lot


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$ 230,000
Est. payment | /mo
Save

3 Baths

5,227 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20261026758

Year Built 1954

Annual Tax Amount $6,511

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 60x100

Source Realcomp

Property Description

Here's a great opportunity to jump into the multi-family investment market for a great price in a good location! This 4-unit property is in great overall shape; three of the four units are rented with long-time tenants and perform well. The fourth unit is in good condition and up for rent as well. Seller also owns and has listed 19161Kelly and is willing to sell the two together on a discount. Seller will give a discount if you buy both buildings.

Location

State MI

County Wayne

Zoning Multi-Family

Direction 7 and Kelly

Interior

Heating Hot Water

Exterior

View Y/N No

Building

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W21I021324C5

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Imagine Home Realty

NEARBY SCHOOLS & PROPERTIES

Richard Stewart

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(269) 217-0411

richard@2693457000.com

828 Portage St, Kalamazoo, MI 49001, United States

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Licensing & Affiliation Disclosure: Richard Stewart is an Associate Broker with Real Broker LLC. All real estate brokerage activities are conducted in compliance with Michigan licensing laws. Richard Stewart’s Equity Recovery Program is a professional real estate service and does not provide legal or tax advice. Homeowners should consult with legal counsel regarding their specific rights during the Michigan foreclosure redemption period.

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16241 E 7 Mile Road