$45,000
$65,000
30.8%For more information regarding the value of a property, please contact us for a free consultation.
1625 Lawrence Street Detroit, MI 48206
2 Beds
2 Baths
2,028 SqFt
Key Details
Sold Price $45,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,028 sqft
Price per Sqft $22
Subdivision Lawrence Park (Plats)
MLS Listing ID 20221030677
Style Duplex
Bedrooms 2
Full Baths 2
Year Built 1920
Annual Tax Amount $835
Lot Size 3,920 Sqft
Property Description
This duplex is located directly adjacent to the highly desirable Boston Edison Historic District. TLC needed. Once renovated, each 3 bed / 1 bath flat should rent for $1,200 monthly, the perfect purchase for a home buyer looking for a tenant to pay their mortgage or a savvy investor in search of significant cashflow. Less than 10 minute drive to downtown Detroit, and a 5 minute drive to midtown, this home ownership opportunity is uniquely rare and one to take advantage of. It's your time to own a piece of Detroit's comeback!
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family,Residential
Interior
Heating Hot Water
Exterior
Garage Spaces 1.0
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $340
Acceptable Financing Cash
Listing Terms Cash
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