5271 Drexel Street Detroit, MI ^$ 170,000

5271 Drexel Street

^$ 170,000

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5271 Drexel Street

Detroit, MI, 48213

^$ 170,000

Studio Baths0.0

Monthly Estimate*

^$ 1,130

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Studio

Multi-Family Home for sale in Detroit, MI

for $170,000. This home was built in 1928 on a lot size of 0.08.

Income generating duplex in progressive neighborhood. Updated modern bathrooms and kitchens. Newer kitchen cabinets. Hardwood floors throughout both units. Updated electrical. Updated plumbing. Newer roof. Long term month to month cash tenants who would like to stay. Each unit consists of a living room, dining room, renovated kitchen, renovated bathroom and two bedrooms. DO NOT DISTURB TENANTS. DO NOT APPROACH TENANTS.

Multi-Family Active

Price

^$ 170,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,113

Style

Lot Size

0.08

Year Built

1928

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

70398093

Features

General

Interior Features Cable/Internet Avail.

Heating Radiant

Cooling None

Possession At Close

Water Public Water

Status Active Active

Year Built 1928

County Wayne

Class MULTIFAMILY

Type Multi-Family

Municipality Detroit

Subdivision MI

Area Detroit (82001)

Primary City Detroit

Directions 16 Mile To Mound To 696 E Merge Onto 696 E Use The Right Two Lanes To Take The I-94 W Exit Towards Detroit. Take Exit 222A For Outer Drive Towards Chalmers Turn Left Onto Outer Drive Turn Right Onto C

City Detroit

School District Detroit City School District

Street Name Drexel

Financial Terms Cash Conventional FHA

Legal Description W DREXEL 293 PARKSIDE MANOR SUB L45 P53 PLATS W C R 21/675 35 X 100

DOM 66

Postal Code 48213

Coming Soon

Exterior

Exterior Brick

Frontage 35

Lot Size Area 0.08

Lot Dimensions 35 X 100

Roads City/County Paved Street

Waterfront Y/N No

Interior

Total Number of Units 2

* Excluded Features

List By

Adrienne Ponce

Listing Agent

Exp Realty, Llc

Broker

adrienneponcerealty@gmail.com

Affordability Calculator

$1,223

Per Month

Monthly Principal & Interest: $1,130
Monthly Property Taxes: $93
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$224,738

Percent of Sale Price 32%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2024	$170,000		Listed Price

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5271 Drexel Street, Detroit, MI, 48213 is a Multi-Family Home for sale at $170,000 with a lot size of 0.08. 5271 Drexel Street is a studio with 0.0 baths and was built in 1928. The property's zip code is 48213 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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5271 Drexel Street

Multi-Family Home for sale in Detroit, MI

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