$140,500
$150,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
475 W GOLDEN GATE Highland Park, MI 48203 1957
3 Baths
2,916 SqFt
Key Details
Sold Price $140,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,916 sqft
Price per Sqft $48
MLS Listing ID 20240076764
Style 2 Story
Full Baths 2
Half Baths 1
Year Built 1925
Annual Tax Amount $837
Lot Size 6,098 Sqft
Property Sub-Type Multi-Family
Property Description
AWESOME deal for this RARE Investment opportunity in a highly desirable area across from Palmer Park and the Woodward Corridor. Rock Solid 6 bedroom, 2.5 bath Spacious Brick Duplex. (3 beds, 1 bath each unit). A great Income opportunity for anyone else who might think that being only 10 minutes from the "D" -think Ford Field, Comerica Park, Little Caesars Arena- and just a short walk to Woodward Avenue is an ideal location! Living in one unit while renting out the other provides great financial benefits! Properties are being quickly snatched up and renovated all along the Woodward Corridor, an area that provides renters with convenience and close proximity not only to Downtown Detroit, but to more cool cities like Ferndale, Pleasant Ridge, Royal Oak, and Birmingham and to popular employers like Amazon, the Detroit Medical Center Hospitals, and many other places that close-by access to the Woodward Avenue provides. Currently owner occupied but ready for new tenants in both units after closing. Hardwood floors throughout! Large common basement with one washer and dryer set for common use, 2 access doors to basement, one for each unit. The separate electric and water bills are the only utility bills. The upper unit has a newer electric boiler and the lower unit is heated with space heaters. The refrigerator and stove in the upper unit are included with the sale. The stove, refrigerator and mounted TVs in the lower flat are excluded from the sale. All showings much be scheduled and accompanied by a licensed Michigan Realtor. Please do not go onto the property or walk around the duplex without an appointment. This classic and spacious Brick Duplex will not last long!
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Residential
Interior
Heating Electric Heat, Hot Water
Cooling Ceiling Fan(s), Wall/Window A/C
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Structure Type Brick
Schools
School District Detroit City School District
Others
Assessment Amount $340
Acceptable Financing FHA 203(k)
Listing Terms FHA 203(k)
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with LPS