7342 Cahalan Street Detroit, MI $ 139,000
7342 Cahalan Street
$ 139,000
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7342 Cahalan Street

Detroit, MI, 48209
$ 139,000
Bedrooms8 Baths3.0 Sq 2,208

Monthly Estimate*

$ 971

7342 Cahalan Street, Detroit, MI 48209 - Image 1

Multi-Family Home for sale in Detroit, MI

for $139,000 with 8 bedrooms and 3 full baths. This 2,208 square foot home was built in 1925 on a lot size of 0.08.

Location, location, location! Do not miss out on this property located on Cahalan Street! There is a ton of development going on in the area in anticipation of the International Gordie Howe Bridge. At this price point, this opportunity will not last. Property features 3-2 bedrooms and 1 2 bedroom (basement) Turn this property into long-term passive income! The buyer's agent is to order the reading and it will not be an excuse to delay* closing. Exterior showings only, property sold "As Is".Great Investment opportunity on this 3 unit income property. Each unit has separate utilities and was updated in 2004. This will go quickly. Proof of funds should be provided with offer. Please do not approach tenants-Landlord can show units with approved offer.- *All data and measurements are approx * Buyer/Buyers agent to verify all information and data. *PRE-APPROVED PURCHASER'S ONLY* Buyer to assume all repairs and sign ACR with City of Detroit.

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Multi-Family Pending

Price

$ 139,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 1,603

Style

Upper/Lower Apartment

Lot Size

0.08

Year Built

1925

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

2220013959

Features
Interior
Heating Fuel Natural Gas
Basement Y/N 1
Total Units 3
Fireplace 0
Street Suffix Street
Total Baths 3.00
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General
Sewer Public Sewer (Sewer-Sanitary) Separate Meters
Heating Forced Air Separate Meters
Possession Subject To Tenant Rights
Pets Allowed No
Zoning Multi-Family
Pool Y/N 0
Full Baths 3
Half Baths 0
Year Built 1925
Property Type Multifamily
Subdivision Name FERNDALE AVE SUB (PLATS)
Transaction Type Sale
Basement Type Finished Private
Status Pending
Short Sale No
Construction Materials Brick Wood
Cumulative Days on Market 264
MLS Area Det South Of Grand River
Directions Vernor to Cahalan
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Down Payment Resource 1
Ownership Status Short Sale - No Private Owned
Street Name CAHALAN
Homestead 0
Assessment 340
Total Sq Ft 2208
DOM 264
Taxes 1603.0000
Legal Description N CAHALAN 499 FERNDALE AVE SUB L30 P56 PLATS W C R 18/349 30 X 108.67
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Exterior
Waterfront 0
Lot Size Area 0.08
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions 30.00X109.00
Architecture Level 2 Story
Architecture Style Upper/Lower Apartment
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Beth Borson

Listing Agent

National Realty Centers, Inc

Broker

(248) 535-7888

Phone

Affordability Calculator

$1,105
Per Month
88%
12%
0%
Monthly Principal & Interest
$971
Monthly Property Taxes
$134
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/18/2024$139,000 Listed Price

Map


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7342 Cahalan Street, Detroit, MI, 48209 is a Multi-Family Home for sale at $139,000 with 2,208 sqft and a lot size of 0.08. 7342 Cahalan Street has 8 bedrooms, 3.0 baths, and was built in 1925. The property's zip code is 48209 which is in Detroit, MI