Wonderful opportunity to own this Brick two-unit property. Both units are basically the same living room, dining room, kitchen, two bedrooms, and one full bath. Hardwood floors throughout. OVERSIZED FENCED-IN YARD!! Both units are occupied with tenants on a MTM. Add this to your investment portfolio. Located in the up-and-coming SouthWest Detroit. Near great restaurants, local stores, and entertainment, and just a few minutes from the highway! You will not want to miss out on this one, book your showing today!
Property Details
Property Features
Property Information:
Architectural Style: Bungalow
Year Built: 1927
Living Area: 1,966 SqFt
Listing Office:
Office Name: RE/MAX Leading Edge
Office Phone: (313) 277-7777
Listing Agent: Sherri Saad
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 2
Exterior Features
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot Size: 0.16 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Other
Directions Information:
Directions: WOODMERE & FORT
Price Information
Listing Price Info
Price Summary:
List Price: $134,900
Price Per SqFt: $69/SqFt
Tax Information:
Annual Amount: $1,310
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 $49.8K more than the Median Sold Price and $1/SqFt more 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: #20240006429
Listing Office:
Office Name: RE/MAX Leading Edge
Office Phone: (313) 277-7777
Listing Agent: Sherri Saad
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.
$741
Per Month
Principal & Interest
$674
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
$471
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
Bennett Elementary School
2111 Mullane St
Distance between this listing and this school0.85 miles
Public District Grades PK-5
4
/10
Salina Elementary School
2700 Ferney St
Distance between this listing and this school1.14 miles
Public District Grades PK-3
1
/10
Roberto Clemente Learning Academy
1551 Beard St
Distance between this listing and this school1.16 miles
Public District Grades PK-5
Nearby Schools
3
/10
Salina Intermediate School
2623 Salina St
Distance between this listing and this school1.05 miles
Public District Grades 4-8
2
/10
Cesar Chavez Middle School
6782 Goldsmith St
Distance between this listing and this school1.30 miles
Public Charter Grades 6-8
2
/10
River Rouge STEM Academy at Dunn
163 Burke St
Distance between this listing and this school1.56 miles
Public District Grades KG-8
Nearby Schools
1
/10
Way Academy Vernor Site
8701 W Vernor Hwy
Distance between this listing and this school0.84 miles
Public Charter Grades 6-12
5
/10
Cesar Chavez High School
1761 Waterman St
Distance between this listing and this school1.36 miles
Public Charter Grades 9-12
3
/10
River Rouge High School
1460 Coolidge Hwy
Distance between this listing and this school1.54 miles
The neighbors living near this home have an average income of $23,953. The majority of Detroit, MI residents have income less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 776 Woodmere St in Detroit, MI and zip code 48209 in the Springwells neighborhood. This 1,966 square foot home, which was built in 1927, sits on a 0.16 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $134,900.
Over 94 listings were sold over their listed price in November 2024 in Detroit, MI. In the same period over 247 listings were sold below the listed price and 55 listings were sold for the listed price. The inventory of homes for sale in Detroit, MI between October 2024 and November 2024 increased by 2%. While the average time on the market in November 2024 was 49 days, the median list price was $85,016.
From Rocket Homes Real Estate and based on county public records data.