15461 PREST Street Detroit, MI ^$ 84,900

15461 PREST Street

^$ 84,900

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15461 PREST Street

Detroit, MI, 48227

^$ 84,900

Studio Baths2.0 Sq 1,698

Monthly Estimate*

^$ 593

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Studio

Multi-Family Home for sale in Detroit, MI

for $84,900 with 2 full baths. This 1,698 square foot home was built in 1927 on a lot size of 0.12.

**INVESTORS** Here is your opportunity to add this 2-family property to your rental portfolio! The property features a 2-bedroom unit on the 1st floor, and a 1 bedroom unit on the second floor. Would be a perfect Section 8 property and could generate monthly rents as high as $2,100/month. Gas and electric is metered separately in each unit, which also feature forced air heating, updated 100 amp electrical panels, vinyl windows, and 2 entrances for each unit. The bathrooms and kitchens are a mixture of updated and original, and could use additional updating. Garage likely needs to be torn down, Seller will not do it. CASH OR HARD MONEY ONLY. Furnaces & HWTs are in storage and will be delivered to the property after closing.

Multi-Family Active

Price

^$ 84,900

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,937

Style

Bungalow

Lot Size

0.12

Year Built

1927

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60272924

Features

General

Interior Features Cable/Internet Avail.

Heating Forced Air

Possession At Close

Water Public Water Public Water at Street

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1927

Subdivision B E TAYLORS BELMONT (PLATS) MI

Water Heater Gas

Style Bungalow

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 16380

Percent Ownership Private

Municipality Detroit

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Head North on Prest from Fenkell. Property is on the West side of the street.

City Detroit

School District Detroit City School District

Street Name PREST

Financial Terms Cash

Legal Description W PREST 90 B E TAYLORS BELMONT SUB L41 P44 PLATS W C R 22/43 40 X 130

DOM 157

Postal Code 48227

Price Per Sq Ft 50

Coming Soon **INVESTORS** Here is your opportunity to add this 2-family property to your rental portfolio! The property features a 2-bedroom unit on the 1st floor

Interior

Basement Common

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick

Frontage 40

Lot Size Area 0.12

Lot Dimensions 40.00 x 130.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Ryan Kain

Listing Agent

Re/Max Leading Edge

Broker

r.kainrealtor@gmail.com

Affordability Calculator

$754

Per Month

Monthly Principal & Interest: $593
Monthly Property Taxes: $161
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$212,502

Percent of Sale Price 150%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/12/2024	$84,900	-5.56%	Price Down
1/9/2024	$89,900	-5.27%	Price Down
11/19/2023	$94,900		Listed Price

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15461 PREST Street, Detroit, MI, 48227 is a Multi-Family Home for sale at $84,900 with 1,698 sqft and a lot size of 0.12. 15461 PREST Street is a studio with 2.0 baths and was built in 1927. The property's zip code is 48227 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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15461 PREST Street

Multi-Family Home for sale in Detroit, MI

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