585 MOUNT VERNON Street Detroit, MI ^$ 295,000

585 MOUNT VERNON Street

^$ 295,000

Back to search

585 MOUNT VERNON Street

Detroit, MI, 48202

^$ 295,000

Studio Baths2.0 Sq 2,170

Monthly Estimate*

^$ 2,061

585 MOUNT VERNON Street, Detroit, MI 48202 - Image 1

585 MOUNT VERNON Street, Detroit, MI 48202 - Image 2

585 MOUNT VERNON Street, Detroit, MI 48202 - Image 3

585 MOUNT VERNON Street, Detroit, MI 48202 - Image 4

585 MOUNT VERNON Street, Detroit, MI 48202 - Image 5

585 MOUNT VERNON Street, Detroit, MI 48202 - Image 6

585 MOUNT VERNON Street, Detroit, MI 48202 - Image 7

585 MOUNT VERNON Street, Detroit, MI 48202 - Image 8

585 MOUNT VERNON Street, Detroit, MI 48202 - Image 9

585 MOUNT VERNON Street, Detroit, MI 48202 - Image 10

585 MOUNT VERNON Street, Detroit, MI 48202 - Image 11

585 MOUNT VERNON Street, Detroit, MI 48202 - Image 12

585 MOUNT VERNON Street, Detroit, MI 48202 - Image 13

585 MOUNT VERNON Street, Detroit, MI 48202 - Image 14

585 MOUNT VERNON Street, Detroit, MI 48202 - Image 15

585 MOUNT VERNON Street, Detroit, MI 48202 - Image 16

585 MOUNT VERNON Street, Detroit, MI 48202 - Image 17

585 MOUNT VERNON Street, Detroit, MI 48202 - Image 18

585 MOUNT VERNON Street, Detroit, MI 48202 - Image 19

585 MOUNT VERNON Street, Detroit, MI 48202 - Image 20

Studio

Multi-Family Home for sale in Detroit, MI

for $295,000 with 2 full baths. This 2,170 square foot home was built in 1911 on a lot size of 0.08.

Beautiful duplex in the heart of the Northend with huge monthly rental income! Renovated units have a City of Detroit Certificate of Rental Compliance and include granite counter tops, updated cabinets, updated bathrooms, fresh paint, high end flooring in kitchen and bath and varnished wood floors in bedrooms and living room. BOTH UNITS RENTED AT $1100/MONTH RENT. $2200 TOTAL The Northend is in close proximity to the Detroit's business and entertainment district, Detroit's cultural center, college campuses and medical centers. MUST PROVIDE POF OR MORTGAGE PREAPPROVAL PRIOR OT SHOWING. 48 hour notice prior to tours. Do not disturb tenants.

Multi-Family Active

Price

^$ 295,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 953

Style

Lot Size

0.08

Year Built

1911

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60254401

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1911

Subdivision KOCHS SUB (PLATS) MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality Detroit

Zoning Residential

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Woodward to Mount Vernon

City Detroit

School District Detroit City School District

Street Name MOUNT VERNON

Financial Terms Cash Conventional

Legal Description N MT VERNON 88 KOCHS L8 P14 PLATS W C R 3/95 30 X 110

DOM 224

Postal Code 48202

Price Per Sq Ft 135.94

Coming Soon Beautiful duplex in the heart of the Northend with huge monthly rental income! Renovated units have a City of Detroit Certificate of Rental Compliance and include granite counter tops

Exterior

Exterior Vinyl Siding

Frontage 30

Lot Size Area 0.08

Lot Dimensions 30.00 x 110.00

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Kimberly Young

Listing Agent

Golden Eagle Real Estate Llc

Broker

kimberly@goldeneaglerealestate.net

Affordability Calculator

$2,140

Per Month

Monthly Principal & Interest: $2,061
Monthly Property Taxes: $79
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$212,766

Percent of Sale Price 28%

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
4/10/2024	$295,000	-6.35%	Price Down
1/14/2024	$315,000	-3.08%	Price Down
10/19/2023	$325,000	-5.52%	Price Down
9/28/2023	$344,000	-1.71%	Price Down
9/12/2023	$350,000		Listed Price

Map

More homes like this one

homes for you

See all

585 MOUNT VERNON Street, Detroit, MI, 48202 is a Multi-Family Home for sale at $295,000 with 2,170 sqft and a lot size of 0.08. 585 MOUNT VERNON Street is a studio with 2.0 baths and was built in 1911. The property's zip code is 48202 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

585 MOUNT VERNON Street

Multi-Family Home for sale in Detroit, MI

Affordability Calculator

Map

More homes like this one

Get more info about this home