• 616 Belmont Street Detroit, Michigan 48202

  • $95,000
  • 6
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 0.1
    Acre

**MULTIPLE OFFERS RECEIVED, HIGHEST & BEST DUE 3/16/2024 AT 2PM.** This 2 Family Flat is YOURS TO DESIGN from the inside and out, whichever way your heart desires. Welcome to 616 + 618 BELMONT STREET located just a hop skip and a jump from DOWNTOWN DETROIT which takes you just about 11 Minutes when driving. This properties potential has yet to be touched! With comparable property selling for upwards of $350K, THE ROI IS UNMATCHED. Ever heard of house hacking? With this property you can live in one unit, and rent out the other in no time with rental amounts for 3 bedroom units renting out for upwards of $1,300/MONTH you can live RENT FREE all while staying close to the latest happenings. Do not miss this opportunity before it is gone. Start building your portfolio today!

Property Type :

Multifamily

Subdivision :

Moore Hodges & Warrens Sub

County :

Wayne

Style :

Multifamily

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Property Details

 

Interior Features

Roof : Other

Heating & Cooling

Heating: No Heat

Heating Fuel: Other

Building Information

Year Built: 1915

Total Units: 2

Roof: Other

Utility Features

Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street

Water

Public (Municipal),Water at Street

Lot Information

Lot Size: 0.10

Lot Dimensions: 35 x 127

Frontage Feet: 30

Property Information

Subdivision: Moore Hodges & Warrens Sub

Financing: Cash,Other

Listing Price Information

Original List Price: $150,000

Listing Information

Possession: At Close

Legal Description: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2024. S BELMONT E 35 FT 90 MOORE HODGES & WARRENS L14 P13 PLATS, W C R 3/119 35 X 128

Tax Information

Annual Tax: $1,598

Parcel Number: W03I002708S

Possession

At Close

Legal Information

Legal Description: Section: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2024. S BELMONT E 35 FT 90 MOORE HODGES & WARRENS L14 P13 PLATS, W C R 3/119 35 X 128

Parking Information

Parking: 1

Unit 3 Information

# of Bedrooms: 2

School Information

School District: Detroit

Utility Information

Water:Public (Municipal),Water at Street

Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
430 E Philadelphia , Detroit, MI,48202 $35,000 -- -- -- 0.12 Acre
205 Melbourne , Detroit, MI,48202 $80,000 -- -- -- 0.16 Acre
267 Harmon , Detroit, MI,48202 $12,000 -- -- -- 0.08 Acre
9118 Brush Street , Detroit, MI,48202 $5,000 2 1 1,206 0.02 Acre
408 Horton Street , Detroit, MI,48202 $159,000 6 3 2,614 0.07 Acre
8261 Brush , Detroit, MI,48202 $30,000 -- -- -- 0.02 Acre
30 E Philadelphia Street , Detroit, MI,48202 $3,375,000 32 44 6,620 0.24 Acre
690 W Philadelphia Stre.., Detroit, MI,48202 $34,000 -- -- -- 0.2 Acre
650 Gladstone Street , Detroit, MI,48202 $68,000 -- -- -- 0.39 Acre
759 Atkinson Street , Detroit, MI,48202 $44,900 -- -- -- 0.16 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 05/20/2024 @ 23:19

MLS: 600044305
LISTED BY: Nathaniel Richards , KW Professionals
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 3.00%
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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