This Grandmont-Rosedale duplex presents an excellent investment opportunity! The property includes a 2-bedroom lower unit and a 2-bedroom upper unit, providing ample space for renters or potential homeowners. Each unit features its own kitchen and living area, enhanced by charming ceilings and moldings that add unique character. Located in a revitalizing neighborhood with ongoing redevelopment and quick freeway access, this property offers strong investment potential. Additional highlights include hardwood floors beneath the carpeting, a new roof (2020), two hot water tanks (2019), and a new driveway (2019). This is a prime chance to bring fresh life to a promising property! ***Highest and best offers due by 12/3 at 12pm.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1928
Living Area: 2,333 SqFt
Listing Office:
Office Name: EXP Z Real Estate
Office Phone: (248) 937-1337
Listing Agent: Nada Chamoun
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 2
Exterior Features
Parking Information:
Garage Space: 1 space
Attached Garage: No
Parking: OneCarGarage
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Utilities
Utilities Information:
Heating: Hot Water, Natural Gas, Radiant
Cooling: Window Unit(s)
Other
Directions Information:
Directions: S of Grand River/W of Greenfield
Price Information
Listing Price Info
Price Summary:
List Price: $79,900
Price Per SqFt: $34/SqFt
Tax Information:
Annual Amount: $1,106
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $5.1K less than the Median Sold Price and $34/SqFt less than other homes in Detroit, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240088651
Listing Office:
Office Name: EXP Z Real Estate
Office Phone: (248) 937-1337
Listing Agent: Nada Chamoun
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$466
Per Month
Principal & Interest
$399
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$306
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Edison Elementary School
17045 Grand River Ave
Distance between this listing and this school0.46 miles
Public District Grades PK-5
1
/10
Coleman A. Young Elementary School
15771 Hubbell St
Distance between this listing and this school1.37 miles
Public District Grades PK-5
1
/10
Cooke STEM Academy
18800 Puritan St
Distance between this listing and this school1.43 miles
Public District Grades KG-5
Nearby Schools
1
/10
Dossin Elementary-Middle School
16650 Glendale St
Distance between this listing and this school0.67 miles
Public District Grades KG-8
1
/10
Burns Elementary-Middle School
14350 Terry St
Distance between this listing and this school0.90 miles
Public District Grades KG-8
1
/10
John R. King Academic and Performing Arts Academy
15850 Strathmoor St
Distance between this listing and this school1.58 miles
Public District Grades PK-8
Nearby Schools
2
/10
Old Redford Academy High School
8001 W Outer Dr
Distance between this listing and this school1.88 miles
Public Charter Grades 9-12
9
/10
Renaissance High School
6565 W Outer Dr
Distance between this listing and this school1.93 miles
Public District Grades 9-12
2
/10
Detroit Community Schools High School
12675 Burt Rd
Distance between this listing and this school2.16 miles
The neighbors living near this home have an average income of $86,875. Most Detroit, MI residents have annual incomes between $100k-200k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
This home is located at 14347 Asbury Park in Detroit, MI and zip code 48227 in the Upper West neighborhood. This 2,333 square foot home, which was built in 1928, sits on a 0.17 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $79,900.
In November 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 55 listings were sold at asking price, while more than 247 were sold below. The inventory of homes for sale in Detroit, MI between October 2024 and November 2024 increased by 2%. The median list price of listings available in November 2024 was $85,016, while the average time on the real estate market was 49 days.
From Rocket Homes Real Estate and based on county public records data.