3918 MOUNT ELLIOTT Street Detroit, MI ^$ 24,900

3918 MOUNT ELLIOTT Street

^$ 24,900

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3918 MOUNT ELLIOTT Street

Detroit, MI, 48207

^$ 24,900

Studio Baths2.0 Sq 2,444

Monthly Estimate*

^$ 174

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Studio

Multi-Family Home for sale in Detroit, MI

for $24,900 with 2 full baths. This 2,444 square foot home was built in 1916 on a lot size of 0.11.

6 TOTAL BEDS DUPLEX - Three bedroom upstairs with balcony and and Three bedrooms downstairs with each having private basement, bath, living room, dining room, and full kitchen all large with high ceilings. This Property also has a huge attic floor with skylights. LOCATION LOCATION LOCATION, just minutes, a bike ride to Downtown Detroit, and walking distance to Dequindre Cut and Eastern Market. This property is need of a developer to bring this gem to light with some TLC. Sale is contingent on upon buyer signing a stipulated agreement with the Detroit Land Bank.

Multi-Family Pending

Price

^$ 24,900

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 921

Style

Colonial

Lot Size

0.11

Year Built

1916

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60201215

Features

General

Interior Features Cable/Internet Avail.

Heating Forced Air

Possession At Close

Exterior Features Above Ground Pool

Water Public Water Public Water at Street

Status Pending Pending

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1916

Subdivision MELDRUM FARM SUB (PLATS) MI

Style Colonial

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 24800

Municipality Detroit

Area Detroit (82001)

Primary City Detroit

Directions Mount Elliot and Gratiot very close to Downtown Detroit and walking distance to Eastern Market.

City Detroit

School District Detroit City School District

Street Name MOUNT ELLIOTT

Financial Terms Cash

Legal Description Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2024. E MT ELLIOTT 37 SUB OF PT MELDRUM FARM L8 P95 PLATS W C R 15/54 30 X 160

DOM 84

Postal Code 48207

Price Per Sq Ft 10.19

Coming Soon 6 TOTAL BEDS DUPLEX - Three bedroom upstairs with balcony and and Three bedrooms downstairs with each having private basement bath living room dining room

Exterior

Exterior Cedar

Frontage 30

Lot Size Area 0.11

Lot Dimensions 30 x 160

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Rashad Elabed

Listing Agent

Downtown Realty

Broker

rashad@dtrdetroit.com

Affordability Calculator

$251

Per Month

Monthly Principal & Interest: $174
Monthly Property Taxes: $77
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

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 ^$214,297

Percent of Sale Price 761%

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
5/8/2023	$24,900	-16.72%	Price Down
4/29/2023	$29,900	-14.57%	Price Down
4/25/2023	$35,000	-10.26%	Price Down
4/18/2023	$39,000	-2.26%	Price Down
4/11/2023	$39,900	-13.07%	Price Down
4/2/2023	$45,900		Listed Price

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3918 MOUNT ELLIOTT Street, Detroit, MI, 48207 is a Multi-Family Home for sale at $24,900 with 2,444 sqft and a lot size of 0.11. 3918 MOUNT ELLIOTT Street is a studio with 2.0 baths and was built in 1916. The property's zip code is 48207 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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3918 MOUNT ELLIOTT Street

Multi-Family Home for sale in Detroit, MI

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