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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 1,232 sqft
Price per Sqft $40
Subdivision Teffts Sub (Plats)
MLS Listing ID 20250030645
Style Colonial
Full Baths 4
Half Baths 1
Year Built 1913
Property Sub-Type MultiFamily
Property Description
?Rare DLBA Multifamily Investment – Opportunity knocks in Detroit's Islandview: this one-of-a-kind listing features two duplexes, 4 total units on one parcel. Sold AS-IS, full rehab needed, it offers major upside for investors. Each 1,232?square feet unit has 3?beds/1?bath, plus off-street parking for 1?car. Islandview is a charming enclave near Belle Isle undergoing major renovations and planning for growth? . As part of the city's Strategic Neighborhood Fund area?, this revitalizing neighborhood promises future value. Use one or two units for yourself while leasing the rest, or renovate all for rental income – high ceilings, period details, and generous space invite creative rehab. Unique structure-only sale land remains city-owned, making this a rare opportunity to create an income-generating asset.
Location
State MI
County Wayne
Area Area05053Detwoodwardmcclellansomack
Interior
Heating ForcedAir, NaturalGas
Exterior
Parking Features TwoCarGarage
Garage Spaces 2.0
Pool None
View Y/N No
Building
Foundation Basement, BrickMortar
Sewer PublicSewer
Water Public, WateratStreet
Schools
School District Detroit
Others
Acceptable Financing Cash, QuitClaimsDeed
Listing Terms Cash, QuitClaimsDeed
Special Listing Condition GovernmentOwned, ShortSaleNo
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Coldwell Banker Town & Country Real Estate
Broker | License ID: 308761
Broker License ID: 308761



