3933 PORTER Street Detroit, MI ^$ 200,000

3933 PORTER Street

^$ 200,000

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3933 PORTER Street

Detroit, MI, 48216

^$ 200,000

Studio Baths2.0 Sq 2,818

Monthly Estimate*

^$ 1,397

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Studio

Multi-Family Home for sale in Detroit, MI

for $200,000 with 2 full baths. This 2,818 square foot home was built in 1900 on a lot size of 0.12.

GEM OPPORTUNITY IN SOUTHWEST DETROIT! This HISTORIC DUPLEX is the perfect investment opportunity for investors to make both, passive income and appreciation! Located in the desired Hubbard Farms neighborhood, this BRICK duplex is ready to make you money the day that you buy it! Each unit boasts 2 sizeable bedrooms, 1 bathroom, a spacious living room, kitchen, and hardwood floors throughout. The upper unit features an attic that can be finished and used as a master bedroom. The property is minutes away from Downtown, Corktown, and Ford's 740 MILLION dollar restoration of Michigan Central Station that will be opening in 2024. Schools, grocery stores, and the newly renovated Clark Park are all within walking distance. Do not miss out on this incredible opportunity!

Multi-Family Pending

Price

^$ 200,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,601

Style

Lot Size

0.12

Year Built

1900

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60276021

Features

General

Heating Forced Air

Possession Close Plus 31-60 Days

Water Public Water

Status Pending Pending

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1900

Subdivision NEWMANS R A SUB OF PART OF PC 77 MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality Detroit

Zoning Multi-Family

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions West On Porter From W Grand Blvd

City Detroit

School District Detroit City School District

Street Name PORTER

Financial Terms Cash Conventional

Legal Description S PORTER 6 E 10 FT 5 R A NEWMANS SUB L21 P86 PLATS W C R 14/23 40 X 125

DOM 25

Postal Code 48216

Price Per Sq Ft 70.97

Coming Soon GEM OPPORTUNITY IN SOUTHWEST DETROIT! This HISTORIC DUPLEX is the perfect investment opportunity for investors to make both

Exterior

Exterior Brick

Frontage 0

Lot Size Area 0.12

Lot Dimensions 40.00 x 125.00

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Mariano Munoz

Listing Agent

Munoz Realty Inc

Broker

mariano@munozrealty.net

Affordability Calculator

$1,530

Per Month

Monthly Principal & Interest: $1,397
Monthly Property Taxes: $133
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 ^$212,766

Percent of Sale Price 6%

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
12/4/2023	$200,000		Listed Price

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3933 PORTER Street, Detroit, MI, 48216 is a Multi-Family Home for sale at $200,000 with 2,818 sqft and a lot size of 0.12. 3933 PORTER Street is a studio with 2.0 baths and was built in 1900. The property's zip code is 48216 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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3933 PORTER Street

Multi-Family Home for sale in Detroit, MI

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