• 9621 Otsego Street Detroit, Michigan 48204

  • $159,900
  • 4
    Bed(s)
  • 4
    Baths
  • 2,980
    Sq Ft
  • 0.11
    Acre

Each unit in this 4-unit multifamily property is self-contained and includes its own kitchen, bathroom, and living areas. The units may have different layouts and sizes, offering tenants a range of options to suit their needs. New roof, new Pex plumbing and Pvc main drains, All new interior doors and windows, 4 new furnaces and 4 hot water heaters. In terms of investment potential, a 4-unit multifamily property can be an attractive option. It provides multiple rental units under one roof, offering the opportunity to generate revenue from multiple streams of rental income. Two units are finished and rented out and the 2 units are 95% complete. Come take a look and make money from day one. Sold As-Is

Property Type :

Multifamily

Subdivision :

Graham & Carrolls Grand River Sub (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: Forced Air

Heating Fuel: Natural Gas

Building Information

Year Built: 1923

Building Stories: 2 Story

Total Units: 4

Foundation/Basement: Basement

Architecture: Quadruplex

Exterior Features

Construction: Brick

Utility Features

Sewer: Public Sewer (Sewer-Sanitary)

Water

Public (Municipal)

Lot Information

Lot Size: 0.11

Lot Dimensions: 40.00 x 124.00

Property Information

SQ ft: 2980

Subdivision: GRAHAM & CARROLLS GRAND RIVER SUB (PLATS)

Financing: Cash,Conventional,FHA

Listing Price Information

Original List Price: $199,900

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 12/30/2025. W OTSEGO S 25 FT 149 N 15 FT 150 GRAHAM & CARROLLS GRAND RIVER SUB L30 P73 PLATS, W C R 14/176 40 X 124.46

Tax Information

Annual Tax: $43

Parcel Number: W14I007269S

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 12/30/2025. W OTSEGO S 25 FT 149 N 15 FT 150 GRAHAM & CARROLLS GRAND RIVER SUB L30 P73 PLATS, W C R 14/176 40 X 124.46

Multi-Unit Information

Road Frontage: Paved

Unit 1 Information

# of Bedrooms: 4

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
8107 Elmhurst Street , Detroit, MI,48204 $75,000 -- -- -- 0.41 Acre
11825 W Grand River , Detroit, MI,48204 $15,000 -- -- -- 0.04 Acre
8700 Grand River Avenue , Detroit, MI,48204 $119,900 -- -- -- 0.32 Acre
6328 Tuxedo Street , Detroit, MI,48204 $274,900 8 4 3,618 0.1 Acre
4304 W Philadelphia Str.., Detroit, MI,48204 $25,000 -- -- -- 0.08 Acre
4318 W Philadelphia Str.., Detroit, MI,48204 $25,000 -- -- -- 0.08 Acre
4310 W Philadelphia Str.., Detroit, MI,48204 $25,000 -- -- -- 0.08 Acre
4094 Pingree Street , Detroit, MI,48204 $103,000 4 2.5 2,438 0.08 Acre
4443 Oregon Street , Detroit, MI,48204 $139,900 4 2.5 1,629 0.1 Acre
9245 Ohio Street , Detroit, MI,48204 $56,900 2 1 849 0.08 Acre
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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 05/16/2024 @ 04:53

MLS: 600051214
LISTED BY: Rabeeh Hammoud , RE/MAX Leading Edge
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 2.5%
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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