8022 KERCHEVAL Street Detroit, MI ^$ 179,000

8022 KERCHEVAL Street

^$ 179,000

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8022 KERCHEVAL Street

Detroit, MI, 48214

^$ 179,000

Studio Baths2.0 Sq 2,580

Monthly Estimate*

^$ 1,250

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Studio

Multi-Family Home for sale in Detroit, MI

for $179,000 with 2 full baths. This 2,580 square foot home was built in 1907 on a lot size of 0.06.

DonÃ¢â¬â¢t miss this rare opportunity to own a West Village mixed-use property. This two-unit B4-zoned (General Business District) building offers a variety of potential uses. Historically a two-family property, the first floor has been opened up to convert to first floor commercial, and the second floor retains its apartment floor plan with the possibility of finishing the third floor/attic for additional space. Situated on the main thoroughfare of West Village, 8022 Kercheval is located on the same vibrant business stretch as Marrow, Sister Pie, Frenchies, Two Bird & Mumma MariaÃ¢â¬â¢s, and across the street the Parker Durand a new 92-unit apartment building.

Multi-Family Active

Price

^$ 179,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,348

Style

Colonial

Lot Size

0.06

Year Built

1907

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60269057

Features

General

Heating Forced Air

Possession At Close

Exterior Features Porch

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1907

Subdivision SHIPHERDS SUB (PLATS) MI

Style Colonial

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 43200

Percent Ownership Private

Municipality Detroit

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions In West Village!!!!!

City Detroit

School District Detroit City School District

Street Name KERCHEVAL

Financial Terms Cash

Legal Description S KERCHEVAL E 30 FT OF W 119 FT OF N 91.72 FT OF 65 LYG S & ADJ KERCHEVAL AVE AND E & ADJ VAN DYKE AVE PLAT OF SUB OF VAN DYKE FARM L1 P156 PLATS W C R 17/38 30 X 91.72

DOM 138

Postal Code 48214

Price Per Sq Ft 69.38

Coming Soon

Exterior

Exterior Brick

Frontage 30

Lot Size Area 0.06

Lot Dimensions 30.00 x 92.00

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Bill Swanson

Listing Agent

O'connor Realty Detroit, Llc

Broker

bill@oconnordetroit.com

Affordability Calculator

$1,779

Per Month

Monthly Principal & Interest: $1,250
Monthly Property Taxes: $529
Monthly Home Insurance: --

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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.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$211,874

Percent of Sale Price 18%

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
2/13/2024	$179,000	-10.05%	Price Down
12/19/2023	$199,000	-11.56%	Price Down
11/3/2023	$225,000		Listed Price

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8022 KERCHEVAL Street, Detroit, MI, 48214 is a Multi-Family Home for sale at $179,000 with 2,580 sqft and a lot size of 0.06. 8022 KERCHEVAL Street is a studio with 2.0 baths and was built in 1907. The property's zip code is 48214 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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8022 KERCHEVAL Street

Multi-Family Home for sale in Detroit, MI

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