10027 ELMIRA Street Detroit, MI $ 59,900
10027 ELMIRA Street
$ 59,900
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10027 ELMIRA Street

Detroit, MI, 48204
$ 59,900
Baths2.0 Sq 1,680

Monthly Estimate*

$ 398

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Studio

Multi-Family Home for sale in Detroit, MI

for $59,900 with 2 full baths. This 1,680 square foot home was built in 1926 on a lot size of 0.09.

***Investor Special*** This recently vacated multi-family unit is an investor's dream. With a competitive price, this property features a 1-bedroom, 1-bathroom unit upstairs and a 2-bedroom, 1-bathroom unit downstairs. Each unit has a sizeable living room, formal dining room, and its own separate entrance and basement access. The property boasts a large, fenced yard and is conveniently located with easy access to downtown Detroit via Grand River Avenue, or to northern Detroit suburbs via quick connections to I-96 and the Lodge Freeways. With some rehabilitation and updates, this could become a profitable multi-unit rental property. Potential rental income could reach up to $2,000/month, with an after-repair value (ARV) of $119k and higher, based on comparable properties in the same block and surrounding areas.

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Multi-Family Active

Price

$ 59,900

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,049

Style

Bungalow

Lot Size

0.09

Year Built

1926

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60307513

Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1926
Subdivision B E TAYLORS SOUTHLAWN (PLATS) MI
Style Bungalow
County Wayne
Class MULTIFAMILY
Type Multi-Family
Percent Ownership Private
Municipality Detroit
Zoning Multi-Family
Structure Style 2 Story
Area Detroit (82001)
Primary City Detroit
Directions Wyoming South pass Grand River to Elmira
City Detroit
School District Detroit City School District
Street Name ELMIRA
Financial Terms Cash Conventional
Legal Description Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2022. S ELMIRA 445 B E TAYLORS SOUTHLAWN SUB L33 P2 PLATS W C R 18/382 40 X 100
DOM 16
Postal Code 48204
Price Per Sq Ft Total 35.65
Coming Soon ***Investor Special*** This recently vacated multi-family unit is an investor's dream. With a competitive price this property features a 1-bedroom 1-bathroom unit upstairs and a 2-bedroom
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Interior
Basement Block
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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Exterior
Exterior Vinyl Siding
Frontage 0
Lot Size Area 0.09
Lot Dimensions 40.00 x 100.00
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Charvez Miles

Listing Agent

C Miles Realty Llc

Broker

cmilesrealty@gmail.com

Email

Affordability Calculator

$486
Per Month
82%
18%
0%
Monthly Principal & Interest
$398
Monthly Property Taxes
$87
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2024$59,900 Listed Price

Map


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10027 ELMIRA Street, Detroit, MI, 48204 is a Multi-Family Home for sale at $59,900 with 1,680 sqft and a lot size of 0.09. 10027 ELMIRA Street is a studio with 2.0 baths and was built in 1926. The property's zip code is 48204 which is in Detroit, MI