$128,500
2748-2750 WEBB Street Detroit, MI 48206 3103
Save Share
Schedule a Tour
78
See all 78 photos
$128,500
Est. payment /mo
2 BA
3,528 SqFt
New
2748-2750 WEBB Street Detroit, MI 48206 3103
UPDATED:
10/21/2024 02:52 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,528 sqft
Price per Sqft $36
MLS Listing ID 60348546
Style 2 Story
Full Baths 2
Year Built 1923
Annual Tax Amount $1,563
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 66.00 x 123.00
Property Description
Great Investment Opportunity – Subject to Existing Mortgage! This spacious 5-bed, 2-bath multi-family home with a garage offers incredible potential for the savvy investor. While the home features dated windows, furnace, and hot water system, and requires updates to the knob and tube wiring, there are no structural issues. The roof, only 5 years old, adds significant value. Priced with an existing mortgage balance of $98K, the property has an After Repair Value (ARV) of $200K, making it a strong investment with mainly cosmetic and electrical updates needed. The flexible layout includes two kitchens, making it ideal for a multi-family setup. Located in Detroit's historic Dexter-Linwood neighborhood, right off Dexter Ave, this home is close to the Boston-Edison Historic District, New Center, the Detroit Golf Club, and major roadways like the John C. Lodge Freeway and Livernois Avenue, providing quick access to downtown Detroit. Don’t miss this fantastic investment opportunity! FOR SALE ON ASSIGNMENT ONLY. Title is clear with Title Inc, warranty deed transfer. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including: transfer taxes, title insurance, closing fees. Any water or taxes owed will be paid at closing by the seller. Sold AS IS - BATVAI to verify all information listed. This property is being sold as-is for the current list price. However, please ask the seller's agent for details about possible renovations that the seller is willing to do if the cost of the renovations is added to the purchase price.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Poured
Interior
Heating Forced Air, Hot Water
Fireplace No
Exterior
Exterior Feature Brick
Amenities Available Laundry Facility
Waterfront No
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Assessment Amount $340
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Wise Property Buyers
GET MORE INFORMATION
