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$ 159,900
Est. payment /mo
New
1014 Waterman Street Detroit, MI 48209 2256
3 Baths
2,600 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $61
Subdivision Mi
MLS Listing ID 61031053
Style 2 Story
Full Baths 2
Half Baths 1
Year Built 1915
Annual Tax Amount $6,656
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 30X157.5
Property Sub-Type Multi-Family
Property Description
INVESTOR SPECIAL - HUGE VALUE-ADD OPPORTUNITY! This 2-unit multifamily duplex is priced to sell at $159,900 and ready for someone with vision to bring it back to life. Both units are in need of TLC and updating, making this an excellent opportunity for an investor looking to renovate, build equity, and maximize future rental or resale potential. Priced approximately 20-30% below updated multifamily properties in the area, there is plenty of room to add value through improvements. Renovate and hold for rental income, explore a house-hack opportunity, or reposition for resale. Bring your contractor, your creativity, and your vision -- the potential is here! A great opportunity to breathe new life into this property and turn it into something special.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Rooms
Basement Poured
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
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by ICON Realty Experts, LLC