405 E Philadelphia Street
Detroit, MI 48202
- – beds
- 4 baths
- 6,029 sqft
- 6,534 sqft lot
- $96 per sqft
- 1909 build
- – on site
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Beautifully maintained four unit in the heart of North End! New Roof in 2021 on the entire building. Large units with four bedrooms in each townhome. Great as an investment for income property with minimal effort. Also would be good for an owner occupant scenario to live in one unit and continue to lease the other three. Lastly it could be a tremendous upside to convert each townhouse unit into a condo with fee simple ownership. The building also has quite a bit of green space behind the property that could allow for a portion of it to be used for off street parking with direct access into each unit using the rear entry. The property is three minutes to New Center, five minutes to Wayne State University and ten minutes to Downtown. Shows nicely and there is a nice upside in increased monthly rental amount compared to available units in the area. We require that Buyer show pre-qualifications prior to showings request. The model unit is vacant and available for viewing.
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Last updated Apr 26, 2024
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MLS# 2220004609 —
Walk Score®
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Soundscore™
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/8/22
Mar 8, 2022
|
Sold | REALCOMP | $579,900 | |
|
2/5/22
Feb 5, 2022
|
Pending | REALCOMP | $579,900 | |
|
1/21/22
Jan 21, 2022
|
Listed / Active | REALCOMP | $579,900 |