$230,000
$249,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
309 Melbourne Street Detroit, MI 48202
4 Beds
3 Baths
1,884 SqFt
Key Details
Sold Price $230,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,884 sqft
Price per Sqft $122
Subdivision Mi
MLS Listing ID 50200604
Sold Date 08/07/26
Style More than 2 Stories
Bedrooms 4
Full Baths 3
Year Built 1915
Annual Tax Amount $2,274
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40 x 114
Property Sub-Type Multi-Family
Property Description
Turnkey three-unit multi family investment opportunity in Detroit. Two of the three units are currently tenant-occupied while the third floor lease recently lapsed March 1st. Property features newer finishes throughout, minimizing up front capital expenditures. Ideally located just minutes from Woodward Avenue, Wayne State University and Little Caesars Arena, with convenient access to downtown amenities, dining and entertainment. Strong rental demand area makes this a sold cash-flow addition to any investors portfolio with long-term upside.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Common
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace No
Appliance Range/Oven, Refrigerator
Exterior
Exterior Feature Brick
Amenities Available Laundry Facility
Building
Story More than 2 Stories
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
SqFt Source Public Records
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Redfin Corporation