REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 62,500
Est. payment /mo
New
4002 W Philadelphia Street Detroit, MI 48204
3 Baths
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261052213
Year Built 1922
Annual Tax Amount $2,899
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 36X104
Source Realcomp
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.
Location
State MI
County Wayne
Zoning Multi-Family
Direction E of Livernois Ave, W of Grand Blvd on W Philadelphia St.
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W14I002969S
Acceptable Financing Cash
Listing Terms Cash
Listed by Joseph Walter Realty, LLC