5541 & 5543 Balfour Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48224
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,944 sqft
Price per Sqft $46
Subdivision Mi
MLS Listing ID 50161997
Style 2 Story
Bedrooms 4
Full Baths 2
Year Built 1941
Annual Tax Amount $3,631
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 40 x 146
Property Description
Charming 2-Unit Multi-Family Property in Detroit – Great Investment or Conversion Opportunity. This well-maintained 2-unit multi-family home is an ideal investment opportunity or can easily be converted into a spacious single-family residence. Located in an up-and-coming area of Detroit, this property offers convenience and potential for growth. Both units have 2 bedrooms, full bathroom, kitchen and living room. Entry level's inviting living room offers a beautiful fireplace, perfect for cozy evenings. Functional layout offering ample living space in both units. 2 Car detached garage. Shared basement with laundry facility. The home is in a prime location with easy access to major expressways, making commuting to Downtown Detroit, The Points, or St. Clair Shores a breeze. Whether you're looking to capitalize on the rental market or transform it into your dream home, this property offers flexibility and fantastic value in a rapidly growing neighborhood. Don't miss out on this fantastic opportunity to own a property in a high-demand area with so much potential!
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Residential
Rooms
Basement Block
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplaces Type LivRoom Fireplace
Fireplace Yes
Appliance Range/Oven,Refrigerator
Exterior
Exterior Feature Brick
Parking Features Detached Garage
Garage Spaces 2.0
Building
Lot Description Sidewalks
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Bank Owned
SqFt Source Estimated
Energy Description Natural Gas
Financing Cash,Conventional,FHA 203K