WEBB Street Detroit, MI 48206

Multi-Family Residence

Beds

2 Baths

Sq. Ft.

0.19 Acre Lot

Property Activity

Time on Site

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Last updated on 11/8/2024 6:50 AM

Listing Details

This spacious 5-bed, 2-bath multi-family home with a garage offers incredible potential for the savvy investor. While the home features dated windows, furnace, and hot water system, and requires updates to the knob and tube wiring, there are no structural issues. The roof, only 5 years old, adds sig...nificant value. The property has an After Repair Value (ARV) of $200K, making it a strong investment with mainly cosmetic and electrical updates needed. The flexible layout includes two kitchens, making it ideal for a multi-family setup. Located in Detroit's historic Dexter-Linwood neighborhood, right off Dexter Ave, this home is close to the Boston-Edison Historic District, New Center, the Detroit Golf Club, and major roadways like the John C. Lodge Freeway and Livernois Avenue, providing quick access to downtown Detroit. Don't miss this fantastic investment opportunity! FOR SALE ON ASSIGNMENT ONLY. Title is clear with Title Inc, warranty deed transfer. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including: transfer taxes, title insurance, closing fees. Any water or taxes owed will be paid at closing by the seller. Sold AS IS - BATVAI to verify all information listed. This property is being sold as-is for the current list price. However, please ask the seller's agent for details about possible renovations that the seller is willing to do if the cost of the renovations is added to the purchase price. Continue reading

Source MLS

Real Comp

Originating MLS

Realcomp II Ltd

MLS#

20240079266

Property Type

Multi-Family

Bathrooms

2 Full

Year Built

1923