10027 Elmira Street
Detroit, MI 48204
- – beds
- 2 baths
- 1,680 sqft
- 3,920 sqft lot
- $35 per sqft
- 1926 build
- – on site
***Investor Special*** This recently vacated multi-family unit is an investor's dream. With a competitive price, this property features a 1-bedroom, 1-bathroom unit upstairs and a 2-bedroom, 1-bathroom unit downstairs. Each unit has a sizeable living room, formal dining room, and its own separate entrance and basement access. The property boasts a large, fenced yard and is conveniently located with easy access to downtown Detroit via Grand River Avenue, or to northern Detroit suburbs via quick connections to I-96 and the Lodge Freeways. With some rehabilitation and updates, this could become a profitable multi-unit rental property. Potential rental income could reach up to $2,000/month, with an after-repair value (ARV) of $119k and higher, based on comparable properties in the same block and surrounding areas.
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Last updated May 22, 2024
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MLS# 20240032452 —
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/13/24
May 13, 2024
|
Listed / Active | REALCOMP | $59,900 |