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$ 89,500
Est. payment /mo
Price Dropped by $10K
5312 Maxwell Street Detroit, MI 48213
8 Beds
4 Baths
4,792 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,792 sqft
Price per Sqft $18
Subdivision Mi
MLS Listing ID 50199415
Style 2 Story
Bedrooms 8
Full Baths 4
Year Built 1914
Annual Tax Amount $2,968
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 45x110
Property Sub-Type Multi-Family
Property Description
Price reduction! Very motivated seller. Excellent opportunity to acquire a spacious 4-unit multifamily property located just minutes from Downtown Detroit, major freeways, shopping, dining, and entertainment. Situated in an area experiencing continued investment and development, this property offers strong long-term potential for the right buyer. The building provides generous square footage and is ready for renovation and updates. The corner lot is included in the sale. Ideal for those looking to add value and build equity in Detroit's evolving real estate market. With a solid layout and multi-unit configuration, this property presents a compelling opportunity to create income-producing potential. The Agent is related to the Seller. Back on the market due to the buyer's financing contingency not being satisfied. No fault of seller..
Location
State MI
County Wayne
Area Detroit (82001)
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
SqFt Source Public Records
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams Realty Lakeside