4002 W Philadelphia Street

Detroit, MI 48204
$59,999
Attention Investors! Capitalize on this turnkey BRRRR or buy-and-hold opportunity with a solid brick two-family flat situated on a beautiful, tree-lined street. Priced to move and optimized for immediate equity, the property eliminates future capital expenditures with a brand new roof, new gutters, and fully upgraded plumbing and electrical systems,Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Long Realty Group, LLC.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Multifamily
Lot Size
0.09 Acres
Year Built
1922
MLS Number
81026047652
30 Days Snapshot Of 48204
$83k
-8%
(avg) sold price
14
+16%
homes sold
73
-27%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Basement?: 1
Building
2 total units, 2 two-bedroom units, Built in 1922, Brick, Unit count: 2
Foundation
Crawl
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.09, Lot size dimensions: 36x104
Miscellaneous
Gross scheduled income: $28,800, Net operating income: $21,598, Operating expense: $7,202
Parking
4 parking spaces
Property
Property type: Multifamily
Taxes
Tax amount (summer): $2,898
Sewer
Sewer (Sewer-Sanitary), Sewer at Street
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Krista Davies
Realtor
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IDX provided courtesy of Realcomp II Ltd., via Avera Realty and Krista Davies, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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