309 Melbourne Street, Detroit, MI 48202
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309 Melbourne Street, Detroit, MI 48202
309 Melbourne Street, Detroit, MI 48202
309 Melbourne Street, Detroit, MI 48202
309 Melbourne Street, Detroit, MI 48202
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ILink Real Estate Co

ILink Real Estate Co

+1(419) 277-7127
$ 249,900
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Price Dropped by $24K

309 Melbourne Street Detroit, MI 48202

4 Beds

3 Baths

1,884 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,884 sqft

Price per Sqft $132

Subdivision Mi

MLS Listing ID 50200604

Style More than 2 Stories

Bedrooms 4

Full Baths 3

Year Built 1915

Annual Tax Amount $2,274

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40 x 114

Property Sub-Type Multi-Family

Property Description

Turnkey three-unit multi family investment opportunity in Detroit. Two of the three units are currently tenant-occupied while the third floor lease recently lapsed March 1st. Property features newer finishes throughout, minimizing up front capital expenditures. Ideally located just minutes from Woodward Avenue, Wayne State University and Little Caesars Arena, with convenient access to downtown amenities, dining and entertainment. Strong rental demand area makes this a sold cash-flow addition to any investors portfolio with long-term upside.

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Common

Interior

Heating Forced Air

Cooling Window Unit(s)

Fireplace No

Appliance Range/Oven, Refrigerator

Exterior

Exterior Feature Brick

Amenities Available Laundry Facility

Building

Story More than 2 Stories

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

SqFt Source Public Records

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Lucido and Associates, Inc
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ILink Real Estate Co

ILink Real Estate Co

License ID: 2014002630

+1(419) 277-7127

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309 Melbourne Street