This charming 2-family, 6 bedroom, 2 bath investor special with upside potential in major growth area! Each unit has 3-bedrooms, 1 full bath, Living room, formal dining, and kitchen with separate entrances. Perfect for one live-in unit, while the second unit pays the mortgage or rent all units as separate or boarding facilities. Upper unit, tenant ready with remodeled kitchen & bath. Additional areas in the attic to convert to livable space, game room, office, additional bedroom or storage. Close access to freeways, restaurants, shopping and transportation & near Livernois neighborhood revitalization area. Lower unit currently occupied- no showings on lower unit until offer accepted. Sold AS-IS. B.A.T.V.A.I
This property is $39.9K more than the Median Sold Price and $15/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: #20240083975
Listing Office:
Office Name: Front Page Properties
Office Phone: (313) 877-9020
Listing Agent: Tinaesha Sims
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.
$691
Per Month
Principal & Interest
$624
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
$441
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
2
/10
University Preparatory Art Design Elementary School
10225 3rd St
Distance between this listing and this school1.70 miles
Public Charter Grades KG-5
1
/10
George Washington Carver Elementary School
14510 2nd Ave
Distance between this listing and this school1.72 miles
Public Charter Grades PK-4
2
/10
Barton Elementary School
8530 Joy Rd
Distance between this listing and this school2.56 miles
Public District Grades KG-5
Nearby Schools
4
/10
New Paradigm Glazer Academy
2001 La Belle St
Distance between this listing and this school0.72 miles
Public Charter Grades KG-8
1
/10
Durfee Elementary-Middle School
2425 Tuxedo St
Distance between this listing and this school0.84 miles
Public District Grades KG-8
2
/10
Hope Academy
12121 Broadstreet Ave
Distance between this listing and this school0.91 miles
Public Charter Grades PK-8
Nearby Schools
1
/10
Central Academy and High School
2425 Tuxedo St
Distance between this listing and this school0.84 miles
Public District Grades 9-12
5
/10
Joy Preparatory Academy
15055 Dexter Ave
Distance between this listing and this school0.93 miles
Public Charter Grades PK-12
4
/10
The School at Marygrove
8425 W McNichols Rd
Distance between this listing and this school2.27 miles
The neighbors living near this home have an average income of $13,382. Residents of Detroit, MI typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.
This home is located at 2980 Tyler St in Detroit, MI and zip code 48238 in the Midtown neighborhood. This 2,112 square foot home, which was built in 1926, sits on a 0.12 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $124,999.
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 listings in Detroit, MI increased by 11.2% between September 2024 and October 2024. In October 2024 median list price was $85,000 and the average listing age was 45 days.
From Rocket Homes Real Estate and based on county public records data.