12106 SANFORD Street Detroit, MI ^$ 6,500

12106 SANFORD Street

^$ 6,500

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12106 SANFORD Street

Detroit, MI, 48205

^$ 6,500

Studio Baths4.0 Sq 2,668

Monthly Estimate*

^$ 45

12106 SANFORD Street, Detroit, MI 48205 - Image 1

Studio

Multi-Family Home for sale in Detroit, MI

for $6,500 with 4 full baths. This 2,668 square foot home was built in 1927 on a lot size of 0.1.

Investment opportunity on Detroit's East Side with this large multi-family home right off of Gratiot offering 4 spacious units to add to your portfolio. Use caution when entering. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

Multi-Family Pending

Price

^$ 6,500

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1

Year Built

1927

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60229471

Features

General

Heating Hot Water

Possession At Close

Water Public Water at Street

Status Pending Pending

Full Baths 4

Half Baths 0

Bathrooms 4

Year Built 1927

Subdivision CAMPAU RICHARD SUB OF PC 389 MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Government Owned

Municipality Detroit

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions N of 94 and W of Gratiot

City Detroit

School District Detroit City School District

Street Name SANFORD

Financial Terms Cash

Legal Description S SANFORD 14 RICHARD CAMPAU SUB L51 P65 PLATS W C R 21/766 40 X 105.25

DOM 181

Postal Code 48205

Price Per Sq Ft 2.44

Coming Soon Investment opportunity on Detroit's East Side with this large multi-family home right off of Gratiot offering 4 spacious units to add to your portfolio. Use caution when entering. Please note that the

Interior

Basement Poured

Fireplace? No

Total Number of Units 4

Fuel Type Natural Gas

Exterior

Exterior Brick

Frontage 40

Lot Size Area 0.1

Lot Dimensions 40.00 x 105.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Erick Monzo

Listing Agent

Keller Williams Realty-Great Lakes

Broker

monzogroupdocs@gmail.com

Affordability Calculator

$45

Per Month

Monthly Principal & Interest: $45
Monthly Property Taxes: --
Monthly Home Insurance: --

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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 ^$211,874

Percent of Sale Price 3,160%

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
6/16/2023	$6,500		Listed Price

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12106 SANFORD Street, Detroit, MI, 48205 is a Multi-Family Home for sale at $6,500 with 2,668 sqft and a lot size of 0.1. 12106 SANFORD Street is a studio with 4.0 baths and was built in 1927. The property's zip code is 48205 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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12106 SANFORD Street

Multi-Family Home for sale in Detroit, MI

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