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$ 62,500
Est. payment /mo
New
4002 W Philadelphia ST Detroit, MI 48204
3 Baths
2,482 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 2,482 sqft
Price per Sqft $25
Subdivision Stormfeltz-Lovely Co Sub
MLS Listing ID 20261052213
Style Colonial
Full Baths 2
Half Baths 1
Year Built 1922
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type MultiFamily
Property Description
Major capex is already done. A brand new roof and gutters mean zero deferred maintenance up top, and the plumbing and electrical have both been upgraded. The expensive, behind-the-walls work is finished. From here, it's all upside. Windows need replacing, an easy forced-appreciation play, while a massive unfinished bungalow attic sits primed to convert into an additional bedroom. Add a bed, add rent, add value on day one. The 2-car detached garage rounds it out as an extra income stream or premium tenant draw.
Ideal BRRRR or buy-and-hold. Priced to move.
Ideal BRRRR or buy-and-hold. Priced to move.
Location
State MI
County Wayne
Area Area05043Detlivernoisi756Gdriver
Rooms
Basement Unfinished
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Basement, BrickMortar
Sewer Public Sewer
Water Other
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Call
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Listed by Scott Fader of Joseph Walter Realty, LLC