• 7022 Thatcher Street Detroit, Michigan 48221

  • $180,000
  • 4
    Bed(s)
  • 2
    Baths
  • 2,118
    Sq Ft
  • 0.1
    Acre

Exciting potential awaits in the lively Bagley District! Whether you're eager to live in one unit and rent out the other to offset expenses, or rent both units for a steady income stream, this property offers a promising opportunity. Though the house requires updates, the newer roof provides a solid foundation for future improvements. With some attention and care, this property can be transformed into a lucrative investment. Inside, both units boast the potential for modernization, with refreshed kitchens and baths already in place. The upper unit, while currently occupied, can be made available for viewing upon an accepted offer. Despite its current condition, the property's location in a growing area, alongside the presence of the University of Detroit Mercy, ensures its long-term value. While the prime location promises potential for growth. Don't miss out on this chance to unlock the possibilities of this Bagley District property – schedule your private showing today!

Property Type :

Residential

Subdivision :

Lee & Thatchers

County :

Wayne

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 4

Bathroom Information

Total Baths: 2

Full Baths: 2

Room Information

Total Rooms: 8

Interior Features

Basement Description: Unfinished

Heating & Cooling

Heating: Hot Water

Heating Fuel: Natural Gas

Building Information

Year Built: 1929

Building Stories: 2 Story

Foundation/Basement: Basement

Architecture: Tudor

Exterior Features

Construction: Brick

Utility Features

Sewer: Public Sewer (Sewer-Sanitary)

Water

Public (Municipal)

Lot Information

Lot Size: 0.10

Lot Dimensions: 33.00 x 134.00

Frontage Feet: 33

Property Information

SQ ft: 2118

Subdivision: LEE & THATCHERS

Financing: Cash,Conventional

Listing Price Information

Original List Price: $205,000

Listing Information

Possession: At Close

Legal Description: N THATCHER 126 AND S 8.5' VAC ALLEY ADJ LEE & THATCHERS SUB L14 P49 PLATS, W C R 16/287 33 X 133.5

Tax Information

Annual Tax: $2,898

Parcel Number: W16I008315S

Possession

At Close

Legal Information

Legal Description: Section: N THATCHER 126 AND S 8.5' VAC ALLEY ADJ LEE & THATCHERS SUB L14 P49 PLATS, W C R 16/287 33 X 133.5

Parking Information

Garage Size: No Garage

Multi-Unit Information

Road Frontage: Paved

School Information

School District: Detroit

Utility Information

Water:Public (Municipal)

Sewer:Public Sewer (Sewer-Sanitary)

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
16171 Washburn Street , Detroit, MI,48221 $54,900 3 1.5 1,569 0.09 Acre
16514 Wildemere Street , Detroit, MI,48221 $75,000 3 1 1,342 0.09 Acre
18428 Birwood Street , Detroit, MI,48221 $89,000 3 1 1,152 0.1 Acre
16846 Santa Rosa Drive , Detroit, MI,48221 $99,900 5 2 1,722 0.08 Acre
16177 Birwood Street , Detroit, MI,48221 $79,999 3 1 1,156 0.09 Acre
19935 Mendota Street , Detroit, MI,48221 $48,000 3 1 879 0.11 Acre
20455 Stratford Road , Detroit, MI,48221 $295,000 4 2 2,287 0.11 Acre
19977 Santa Barbara Dri.., Detroit, MI,48221 $99,999 3 1 865 0.18 Acre
18606 Oak Drive , Detroit, MI,48221 $305,000 4 2.5 2,352 0.2 Acre
19911-19915 Stratford R.., Detroit, MI,48221 $450,000 6 3.5 3,447 0.13 Acre
MLS Logo

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 05/17/2024 @ 23:31

MLS: 575008821
LISTED BY: John Goci , EXP Realty LLC
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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