Type: Private
Price: $45,000
Location: Detroit, Michigan, MI
Address: 4857 MELDRUM ST, MI
Zip: 48207
Bathrooms: 4
Size: 2185 square feet
Property size: 3488 square feet
Condition: Used
An investor’s “diamond in the rough” steps away from the upcoming Gratiot Corridor, ready for you to restore to its grand beauty.
This property features 2 three bedroom and one bath units on the upper and lower floors, with a full shared basement. The welcoming layout includes tons of natural light throughout, hardwoods, an open floor plan and
Welcome to the latest offering from the Detroit Land Bank Authority.
Large 2 family flat near the much sought after North end. This property needs extensive rehab and use caution when showing. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property.
The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests.
The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines
New roof, new furnace, Two new electrical panels.
Very nice 3 bedrooms in each unit, walking distance to Jr high school and elementary school, close to major freeways, minutes away from downtown Detroit. Don't miss out on this wonderful investment opportunity.
Just in time for the new year.
Time to fulfill that New Year's resolution early. Great duplex that just needs a little bit of love. Large 3 bedroom units. You can live in one and rent out the other. Or rent out both for cashflow! The buyer will receive a warranty deed, title insurance, and a clear title. The buyer is to pay a #495 transaction fee to Downtown Realty.
Click here to learn more about this listing.
2-Unit Multi-Family Main Level Unit is 1264 Sq Ft 2-Bedroom 1 Bath.
high ceiling on the Main Level as well a Front Porch. Upper Unit 760 Sq Ft 1 Bedroom 1 Bath. Each Unit has 1 Car Garage. Each Unit has the own Washer and Dryer. Updates: 2021 New Furnaces/ AC Units. 2202 New roofing/Gutters in Front and Vented Soffit, Paint and Carpet. Vacant Lot 403 E. Michigan is also available For Sale.
Four bedroom, two bathroom duplex.
Owner lived on the first floor and the upstairs has not been rented for 20+ years. Sold as-is with furniture included. Could be converted back to a duplex with city approval. The lower could possibly be a third bedroom.
Well maintained duplex with separate mechanicals.
Renters pay ALL utilities, including lawn maintenance, garbage & water. Unit 1 (226 Cavanuagh) has 3 bedrooms, 1 bathroom & unfinished basement. Unit 2 (228 Cavanuagh) has 3 bedrooms, 2 bathrooms (including master bedroom bathroom) and finished basement. Situated on full city lot with detached garage. Several Miscellaneous Updates.
Parking
Highest and Best due by Friday 1/5/23 @ 3pm 4 Unit Money Maker!
Two units are currently leased at $1,250 per month (one-year leases). One unit is vacant but ready to be rented out at $1,150 per month (one-year lease). One unit is vacant and can be rented as-is for $1,050 per month. One unit will be delivered vacant and will require some rehab
Fantastic investment opportunity near UM Central Campus.
This 7 Bedroom, 2886 square foot house needs some TLC, but has the perfect layout and location. Home retains many historic details, including beautiful oak trim mouldings in the downstairs, French doors and oak staircase. The second floor features 4 large bedrooms and a full bath. Third
This little house just steps from The Big House is your investment property dream location!
Whether as the prime location for football and graduation event rental or off campus housing, this gem of a home is also just two blocks from the new future U of M Central Campus dorm being built! Holding all the classic trim and features but tastefully
