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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 4,876 sqft
Price per Sqft $41
Subdivision Linwood Heights Sub
MLS Listing ID 20251015538
Style CommonEntryBuilding
Full Baths 5
Year Built 1924
Property Sub-Type MultiFamily
Property Description
Attention investors. Check out this fantastic 4-Plex located in Dexter Linwood. Each unit is in good shape and feature 2 bedrooms and 1 bath, plus a divided basement. Currently 3 of the 4 units are rented. Two of the units are paying $650. The 3rd is paying $895. The remaining unit is currently vacant and pretty much ready to rent out.. This property can provide a long term solution to generate wealth over time. Don't miss your chance to get in while the getting is good. This area has increased in value 3x since 2017. The price reflects the overall condition of the property. THE SELLER WILL NOT OFFER SELLER FINANCE TERMS. No exceptions. There is also a basement divided into 2 and allow the ability to add coin based laundry facilities to boost additional income. If you are looking for a stellar investment opportunity this is it!
Location
State MI
County Wayne
Area Area05043Detlivernoisi756Gdriver
Interior
Heating ForcedAir, NaturalGas
Exterior
Pool None
View Y/N No
Building
Foundation Basement, Block
Sewer SewerAtStreet
Water Community
Schools
School District Detroit
Others
Acceptable Financing Cash, Conventional, WarrantyDeed
Listing Terms Cash, Conventional, WarrantyDeed
Special Listing Condition ShortSaleNo, Standard
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Bought with Clyde Realty LLC
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Coldwell Banker Town & Country Real Estate
Broker | License ID: 308761
Broker License ID: 308761



