$45,000
Pending

5026 BEWICK STREET

Detroit, MI 48213
1536 sqft | 2 baths | 0.09 acres | #20240061295
Browse 9 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

**Property Description:**
This multi-family property, located in a promising neighborhood, offers a fantastic opportunity for investors or those looking to generate rental income. The building features multiple units that, with some TLC, can be transformed into a highly profitable investment. The property requires renovation, providing a blank canvas in the upper unit for you to tailor the space to your needs or the demands of the rental market.
Once updated, this property has the potential to generate up to 2,200 per month in rental income, making it an excellent option for those looking to build wealth through real estate. With a solid structure and ample square footage, this property is poised to become a high-yield investment. Don't miss this chance to turn a fixer-upper into a valuable income-generating asset!

  • Property Details
      • FoundationBasement, Block, BrickMortar
      • Sewer InformationPublicSewer, SewerAtStreet
      • Utility SourcePublic, WateratStreet
      • SubdivisionBEWICKS SUB (PLATS)
      • Parking FeaturesTwoCarGarage
      • Property TypeMulti-Family
      • MLS #20240061295
      • Property SubtypeMultiFamily
      • Parcel NumberW21I037215S
      • MLS #20240061295
      • Basement DescriptionUnfinished
      • School DistrictDetroit
      • Original List Price$55,000
      • Parking TypeGarage
      • CountyWayne
      • Cost45000
      • Acres0.09
      • Square Feet1536
      • Year Built1921
      • Taxes Annual$660
      • PetsCall
      • Days on Market (Cumulative)252
      • Bathrooms2
      • Full Baths2
      • Stories2
      • Parking Spaces2
      • Basement1
      • Basement Finished1

Location

Sean HaganReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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