Great investment opportunity! Newly updated 6 unit occupied apartment building with leases in place in Southwest Detroit. Your tenants will enjoy all that Mexican Town has to offer! The entire building has been rental certified and has passed lead inspection by the city of Detroit. There are a total of 6 two bedroom units. All units are currently occupied. The building is separated into two entrances. The first entrance includes the front two units and the side entrance leads to the remaining 4 units. Each unit is separately metered. All furnaces for the building have been updated in 2020. The seller is opening to seller financing.
Property Details
Property Features
Property Information:
Year Built: 1927
Listing Office:
Office Name: Golden Key Real Estate LLC
Office Phone: (313) 638-2474
Listing Agent: Ryan Heward, Dustin Shaeffer
Interior Features
Interior Information:
Basement: Yes
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Forced Air
Other
Directions Information:
Directions: Central and Cahalan
Price Information
Listing Price Info
Price Summary:
List Price: $615,000
Tax Information:
Annual Amount: $2,550
Tax Year: 2021
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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
1
/10
Roberto Clemente Learning Academy
1551 Beard St
Distance between this listing and this school0.31 miles
Public District Grades PK-5
2
/10
Harms Elementary School
2400 Central St
Distance between this listing and this school0.40 miles
Public District Grades PK-5
2
/10
Bennett Elementary School
2111 Mullane St
Distance between this listing and this school0.40 miles
Public District Grades PK-5
Nearby Schools
2
/10
Cesar Chavez Middle School
6782 Goldsmith St
Distance between this listing and this school0.39 miles
Public Charter Grades 6-8
2
/10
Neinas Dual Language Learning Academy
6021 McMillan St
Distance between this listing and this school0.95 miles
Public District Grades PK-8
3
/10
Salina Intermediate School
2623 Salina St
Distance between this listing and this school1.35 miles
Public District Grades 4-8
Nearby Schools
5
/10
Cesar Chavez High School
1761 Waterman St
Distance between this listing and this school0.45 miles
Public Charter Grades 9-12
1
/10
Way Academy Vernor Site
8701 W Vernor Hwy
Distance between this listing and this school0.55 miles
Public Charter Grades 6-12
2
/10
Academy of the Americas High School
5680 Konkel St
Distance between this listing and this school1.37 miles
The neighbors living near this home have an average income of $26,364. Typical income of Detroit, MI residents is less than $35k annually. Typical family type is married, with kids. Residents of this area typically have high school diploma education.
This home is located at 1739 Central St in Detroit, MI and zip code 48209 in the Springwells neighborhood. This home, which was built in 1927, sits on a 0.10 acre lot. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $615,000.
Over 125 listings were sold over their listed price in October 2024 in Detroit, MI. In the same period over 257 listings were sold below the listed price and 93 listings were sold for the listed price. The number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 2024. Listings spent 45 days on the market in October 2024, and had a median list price of $85,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.