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4087 W Philadelphia

Detroit, MI 48204
  • $180,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 20221019600
UPDATED: 35 min ago
$180,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,508
    SQFT
  • $72
    $/SQFT
Type:
Multi-Family
Built:
1916
County:

School Ratings & Info

School District:

Description

Located 9 minutes from the infamous Boston Edison district, you will find 4027 West Philadelphia nestled on a 3,615 square foot lot in a quiet neighborhood of homeowners. This crown jewel duplex consists of 2 recently remodeled duplex 3 bed room units. Each unit has been upgraded and has newly installed furnaces and hot water tanks. In addition, each unit has brand new plumbing and electrical to insure maintenance free cash flow. Each spacious unit has freshly rolled rolled paint and brand new carpet with top of the line underlayment. The units leased to section 8 tenants and the monthly rents are $1,375 and $1,435. The tenants pay the utilities, which allows this complex to maintain a 17% ROI.

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©2022 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Tom Lipinski Team at Keller Williams Lakeside Market Center. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2022-08-19T12:53:53.483.
www.buyeastsidehomes.com/homes/130994370
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4087 W Philadelphia Detroit, MI 48204

  • Price: $180,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 35 min ago
  • MLS #: 20221019600
0
Beds
2
Baths
0
½ Baths
0.08
Acres
2,508
SQFT
$72
$/SQFT
1916
Built
Neighborhood:
Stormfeltz-Lovely Co Sub (Plats)
County:
Wayne
Area:
Detroit (82001)
School District:
Detroit City School District
Property Description
Located 9 minutes from the infamous Boston Edison district, you will find 4027 West Philadelphia nestled on a 3,615 square foot lot in a quiet neighborhood of homeowners. This crown jewel duplex consists of 2 recently remodeled duplex 3 bed room units. Each unit has been upgraded and has newly installed furnaces and hot water tanks. In addition, each unit has brand new plumbing and electrical to insure maintenance free cash flow. Each spacious unit has freshly rolled rolled paint and brand new carpet with top of the line underlayment. The units leased to section 8 tenants and the monthly rents are $1,375 and $1,435. The tenants pay the utilities, which allows this complex to maintain a 17% ROI.
Exterior Features

Exterior Construction Brick Foundation Type Basement Frontage 0 Lot Size 35.00 X 104.00 Roads Paved Street Structure Style 2 Story Waterfront YN No

Interior Features

Basement Type Block Basement YN Yes Fireplace YN No Fuel Type Natural Gas Heating System Floor FurnaceHot Water

Property Features

Assessments Amount 0 Financial Terms CashConventionalFha For Sale Or Rent For Sale Lease YN Yes Municipality Detroit Municipality Type City Occupancy At Close Ownership Private Property Type Multi-Family SEV 1 Sewer Septic Public At Street Subject To Short Sale Approval No Summer Tax Amount 2382 Total Tax Amount 2655 Water Public Water At Street Winter Tax Amount 273 Zoning Multi-Family

Listing courtesy of Discover Real Estate : 586-770-6565.

Source MLS: MiRealSource
Originating MLS: Realcomp

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


©2022 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Tom Lipinski Team at Keller Williams Lakeside Market Center. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2022-08-19T12:53:53.483.
 
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The Tom Lipinski Team at Keller Williams Lakeside Market Center
45609 Village Blvd.
Shelby Township MI, 48315