• 5075 Lenox Street Detroit, Michigan 48213

  • $70,000
  • 4
    Bed(s)
  • 4
    Baths
  • 2,796
    Sq Ft
  • 0.1
    Acre

This is an amazing investment opportunity located in the Chandler-Park Chalmers neighborhood of Detroit. The home boasts 4 units; each 1 bedroom/ 1 bathroom. All units are vacant; allowing for new owner to add their own touches and TLC. Each unit has the potential to rent for around $700/month. There are 2 hot water tanks that are currently removed but would be replaced upon sale.

Property Type :

Multifamily

Subdivision :

Jefferson Park Land Co Ltd No 1 (plats)

County :

Wayne

Style :

Multifamily

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Property Details

 

Bathroom Information

Total Baths: 4

Full Baths: 4

Interior Features

Basement Description: Unfinished

Heating & Cooling

Heating: Hot Water

Heating Fuel: Natural Gas

Building Information

Year Built: 1929

Building Stories: 2 Story

Total Units: 4

Foundation/Basement: Basement

Architecture: Other

Exterior Features

Construction: Brick

Utility Features

Sewer: Public Sewer (Sewer-Sanitary)

Water

Water at Street

Lot Information

Lot Size: 0.10

Lot Dimensions: 40.00 x 106.00

Property Information

SQ ft: 2796

Subdivision: JEFFERSON PARK LAND CO LTD NO 1 (PLATS)

Financing: Cash

Listing Price Information

Original List Price: $99,900

Listing Information

Possession: At Close

Legal Description: W LENOX 974 JEFFERSON PARK LAND COMPANY LIMITED SUB NO 1 L50 P78 PLATS, W C R 21/755 40 X 106

Tax Information

Annual Tax: $1,481

Parcel Number: W21I049954S

Possession

At Close

Legal Information

Legal Description: Section: W LENOX 974 JEFFERSON PARK LAND COMPANY LIMITED SUB NO 1 L50 P78 PLATS, W C R 21/755 40 X 106

Parking Information

Parking: 2

Has Garage: Yes

Multi-Unit Information

Road Frontage: Paved

Unit 1 Information

# of Bedrooms: 4

School Information

School District: Detroit

Utility Information

Water:Water at Street

Sewer:Public Sewer (Sewer-Sanitary)

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5915 Sheridan , Detroit, MI,48213 $10,000 -- -- -- 0.08 Acre
7880 E Outer Drive , Detroit, MI,48213 $40,000 -- -- -- 0.22 Acre
8037 Harper Avenue , Detroit, MI,48213 $90,000 -- -- -- 0.35 Acre
11043 Wilshire Drive , Detroit, MI,48213 $59,000 3 1.5 1,756 0.14 Acre
14200 Hampshire Street , Detroit, MI,48213 $65,000 3 1.5 1,401 0.09 Acre
14259 Maiden Street , Detroit, MI,48213 $17,900 3 1 1,440 0.09 Acre
12630 Longview Street , Detroit, MI,48213 $64,999 6 2 1,876 0.14 Acre
12550 Corbett Street , Detroit, MI,48213 $35,000 2 1 948 0.11 Acre
11830 Corbett Avenue , Detroit, MI,48213 $42,999 2 1 947 0.11 Acre
12251 Wilfred Street , Detroit, MI,48213 $99,999 3 2 1,192 0.1 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 05/09/2024 @ 09:20

MLS: 600530426
LISTED BY: Joseph Hammel , Keller Williams Somerset
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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