5572 Three Mile Drive
Detroit, MI 48224

  • – beds
  • 2.1 baths
  • 1,957 sqft
  • 4,792 sqft lot
  • $84 per sqft
  • 1929 build
  • on site

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Turn-key multi-family duplex on beautiful Three Mile Drive near Chandler Park Drive in Detroit's Morningside neighborhood. Both two bedroom, one bathroom units have been completely updated: new kitchens w/ high-end cabinets, quartz countertops, tile backsplash and flooring; new tub/shower, subway tile, vanity, flooring in bathrooms; refinished hardwood floors; new roof and exterior paint; new wooden decks off the rear doors; new double-pane vinyl windows. Much of the original details are preserved: cove plaster ceilings, picture rails, corbels in arches, and original doors / hardware / trim. Unfinished basement with separate storage and laundry areas. New forced-air furnace for lower unit, baseboard heat for upper unit. New, shared water heater. Two car garage, fenced-in backyard. Both units are currently occupied by good tenants who pay rent on time and would like to stay. Upper unit rent is $800/month; lease expires 5/31/2023. Lower unit rent is $825/month; lease expires 3/31/2023. Located 3 blocks from East Warren Ave, currently undergoing $8.2M streetscape makeover and commercial corridor revitalization efforts. Easy access to I-94 + all of Metro Detroit. Note: Property taxes currently 100% non-homestead. Owner occupant is eligible for 50-100% homestead + NEZ for significant property tax savings!

Realcomp MLS logo Listing courtesy of REALCOMP / KW Grosse Pointe

Last checked: Checking… • Last updated May 1, 2024 •

MLS# 20230000764 —

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Sale history

Date Event Source Price % Change
4/17/23
Sold REALCOMP $165,000 3.2%
3/23/23
Pending REALCOMP $159,950
2/28/23
Sold Subject To Contingencies REALCOMP $159,950

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Multifamily Sold on 4/17/2023

$165,000

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Listing provided by broker:

KW Grosse Pointe

(313) 469-7347

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IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2024 Realcomp II Ltd. Shareholders

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