29 days on rocket

2748-2750 Webb St, Detroit, MI, 48206

$119,900

Home List Price

$1,424*

Closing Credit

2 Full Baths
3,528 SqFt
$34/SqFt
Multi

Location

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2748-2750 Webb St, Detroit$119,900

Buyer Closing Credits

$1,424*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingGarages
Year Built1923
HeatingNatural Gas, Forced Air, Hot Water
BasementYes
MLS #20240079266
Lot Size0.19 Acres
StatusActive

About 2748-2750 Webb St

This spacious 5-bed, 2-bath multi-family home with a garage offers incredible potential for the savvy investor. While the home features dated windows, furnace, and hot water system, and requires updates to the knob and tube wiring, there are no structural issues. The roof, only 5 years old, adds significant value. The property has an After Repair Value (ARV) of $200K, making it a strong investment with mainly cosmetic and electrical updates needed. The flexible layout includes two kitchens, making it ideal for a multi-family setup. Located in Detroit's historic Dexter-Linwood neighborhood, right off Dexter Ave, this home is close to the Boston-Edison Historic District, New Center, the Detroit Golf Club, and major roadways like the John C. Lodge Freeway and Livernois Avenue, providing quick access to downtown Detroit. Don’t miss this fantastic investment opportunity! FOR SALE ON ASSIGNMENT ONLY. Title is clear with Title Inc, warranty deed transfer. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including: transfer taxes, title insurance, closing fees. Any water or taxes owed will be paid at closing by the seller. Sold AS IS - BATVAI to verify all information listed. This property is being sold as-is for the current list price. However, please ask the seller's agent for details about possible renovations that the seller is willing to do if the cost of the renovations is added to the purchase price.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1923
  • Stories: 2
  • Living Area: 3,528 SqFt

Listing Office:

  • Office Name: Wise Property Buyers
  • Office Phone: (734) 968-4359
  • Listing Agent: TJ Brisbois

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Laundry Facility

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting

Parking Information:

  • Parking: Garages

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Hot Water

Other

Directions Information:

  • Directions: E Linwood/S of Elmhurst

Price Information

Listing Price Info

Price Summary:

  • List Price: $119,900
  • Price Per SqFt: $34/SqFt
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

2748-2750 Webb St vs Detroit

29 DAYS ON ROCKET

-16 Days

$119,900

+$34.9K More

$34/SqFt

-$40 Less

KEY TAKEAWAY

This property is $34.9K more than the Median Sold Price and $40/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: #20240079266

Listing Office:

  • Office Name: Wise Property Buyers
  • Office Phone: (734) 968-4359
  • Listing Agent: TJ Brisbois

IDXDisclaimer: 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.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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7.5% / 6.68%

Total Monthly Payment

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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.

Nearby Schools

school-card-donut-431743
2
/10

  • Barton Elementary School

  • 8530 Joy Rd

  • 1.12 miles

  • Public District Grades KG-5

school-card-donut-431744
5
/10

  • McDonald Elementary School

  • 10151 Diversey St

  • 1.97 miles

  • Public District Grades PK-5

school-card-donut-431745
2
/10

  • Riverside Academy

  • 7124 Miller Rd

  • 2.40 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,344. Most Detroit, MI residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48206›2748-2750 Webb St

This home is located at 2748-2750 Webb St in Detroit, MI and zip code 48206 in the Winterhalter neighborhood. This 3,528 square foot home, which was built in 1923, sits on a 0.19 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $119,900.

In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while more than 257 were sold below. The number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $85,000, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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