$265,150
$250,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
563 Holbrook Avenue Detroit, MI 48202
1 Bed
6,534 Sqft Lot
Key Details
Sold Price $265,150
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Sub Of Pt Of 1/4 Sec 44 (Plats)
MLS Listing ID 81024005347
Sold Date 03/27/24
Bedrooms 1
Year Built 1912
Annual Tax Amount $1,051
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 40.00 x 160.00
Source Greater Metropolitan Association of REALTORS®
Property Description
This FULLY OCCUPIED 2 family flat is nestled on a quiet block located in Detroit's highly sought after North End neighborhood. Both spacious 3 bedroom, 1 bathroom apartments include but are not limited to features such as hardwood floors, bedrooms with ample closet options, a street view balcony, and an updated kitchen with original built-in cabinetry. The plumbing, electrical, and heating systems are all brand new. This place is the perfect purchase for a savvy investor. The upstairs apartment is currently being rented for $1,475/month, while the downstairs unit is being rented for $875/month, providing a value add opportunity for an investor, or a remodel to create ideal living for a home buyer looking to house hack. There is also a recently announced City of Detroit funding for up to $15,000 per a unit for Duplexes. Less than 10 minute drive to downtown Detroit, and a 5 minute drive to midtown, this home ownership opportunity is uniquely rare and one to take advantage of. Newly renovated duplexes in the most desired neighborhoods in Detroit are moving quickly. It's your time to own a piece of Detroit???s comeback in one of its premier neighborhoods with tons of investments happening and planned around the neighborhood. THERE ARE NO SHOWINGS WITHOUT AN ACCEPTED OFFER.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Other
Direction Holbrook Ave between Beaubien Blvd and Oakland Ave
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Road Frontage Paved
Garage no
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W03I002427S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Keller Williams Somerset