5056-5066 COPLIN Street Detroit, MI ^$ 230,000

5056-5066 COPLIN Street

^$ 230,000

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5056-5066 COPLIN Street

Detroit, MI, 48213

^$ 230,000

Studio Baths80.0 Sq 5,592

Monthly Estimate*

^$ 1,607

Studio

Multi-Family Home for sale in Detroit, MI

for $230,000 with 80 full baths. This 5,592 square foot home was built in 1929 on a lot size of 0.2.

Calling all investors! Don't miss this opportunity to invest in two 4-unit multifamilies located only a few blocks away from Detroit's 4th largest park & golf course, Chandler Park! Can be sold individually or in a package sale (These are two, 4 unit multi-family, MLS #20230103139 and MLS #20230103119). Each unit contains 1 bed, 1 bath, private kitchen, dining room, and living room. Needs rehab. Conveniently located near I-94, retail shops, and Grosse Pointe. BATVAI

Multi-Family Active

Price

^$ 230,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,534

Style

Lot Size

0.2

Year Built

1929

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60277533

Features

General

Heating Hot Water

Possession At Close

Water Public Water

Status Active Active

Full Baths 80

Half Baths 0

Bathrooms 80

Year Built 1929

Subdivision JEFFERSON PARK LAND CO LTD NO 1 (PLATS)

County Wayne

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality Detroit

Zoning Multi-Family

Structure Style 2 Story

Area Detroit (82001)

Directions Travel East on E Warren Ave make a left on Coplin

City Detroit

School District Detroit City School District

Street Name COPLIN

Financial Terms Cash

Legal Description E COPLIN 943 JEFFERSON PARK LAND COMPANY LIMITED SUBN NO 1 L50 P78 PLATS W C R 21/755 40 X 108

DOM 133

Price Per Sq Ft 41.13

Coming Soon Calling all investors! Don't miss this opportunity to invest in two 4-unit multifamilies located only a few blocks away from Detroit's 4th largest park & golf course

Interior

Basement Common

Fireplace? No

Total Number of Units 8

Fuel Type Natural Gas

Exterior

Exterior Brick

Frontage 80

Lot Size Area 0.2

Lot Dimensions 80.00 x 216.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Jay Naim

Listing Agent

Exp Realty Llc

Broker

jaynaimrealtor@gmail.com

Affordability Calculator

$1,734

Per Month

Monthly Principal & Interest: $1,607
Monthly Property Taxes: $128
Monthly Home Insurance: --

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Loan Term

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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 7%

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
1/3/2024	$230,000	-4.17%	Price Down
12/12/2023	$240,000		Listed Price

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5056-5066 COPLIN Street, Detroit, MI, 48213 is a Multi-Family Home for sale at $230,000 with 5,592 sqft and a lot size of 0.2. 5056-5066 COPLIN Street is a studio with 80.0 baths and was built in 1929. The property's zip code is 48213 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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5056-5066 COPLIN Street

Multi-Family Home for sale in Detroit, MI

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