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616 Belmont Street Detroit, MI $ 95,000
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$ 95,000 Get more info
616 Belmont Street
$ 95,000
Back to search
Share Save

616 Belmont Street

Detroit, MI, 48202
$ 95,000
Baths0.0

Monthly Estimate*

$ 664

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Studio

Multi-Family Home for sale in Detroit, MI

for $95,000. This home was built in 1915 on a lot size of 0.1.

**MULTIPLE OFFERS RECEIVED, HIGHEST & BEST DUE 3/16/2024 AT 2PM.** This 2 Family Flat is YOURS TO DESIGN from the inside and out, whichever way your heart desires. Welcome to 616 + 618 BELMONT STREET located just a hop skip and a jump from DOWNTOWN DETROIT which takes you just about 11 Minutes when driving. This properties potential has yet to be touched! With comparable property selling for upwards of $350K, THE ROI IS UNMATCHED. Ever heard of house hacking? With this property you can live in one unit, and rent out the other in no time with rental amounts for 3 bedroom units renting out for upwards of $1,300/MONTH you can live RENT FREE all while staying close to the latest happenings. Do not miss this opportunity before it is gone. Start building your portfolio today!

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Multi-Family Contingent

Price

$ 95,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,598

Style

2 to 4 Units

Lot Size

0.1

Year Built

1915

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

24003292
Features
General
Sewer Public Sewer
Heating None
Cooling None
Utilities Public Water Available Public Sewer Available Natural Gas Connected Electric Connected
Possession Close Of Escrow
Roof Other
Construction Materials Brick
Year Built 1915
Tenant Pays None
Property SubType 2 to 4 Units
Tax Year 2022
County Wayne
New Construction N
Property Type Multi-Family
Subdivision Name Moore Hodges & Warrens Sub
Status Active Backup
Directions GPS
City Detroit
High School District Detroit
Total Units 2
MLS Area Wayne County - 100
Lot Size Square Feet 4356.0
Waterfront Y/N N
Street Name Belmont
Land Lease Y/N N
Tax Annual Amount 1598.0
Lease Renewal Y/N N
MLS Area Minor Wayne County - 100
Additional Parcels Y/N N
Rent Control Y/N N
Days on Market 83
Standard Status Active Under Contract
Occupancy Description Vacant
Tax Assessed Value 21800
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2024. S BELMONT E 35 FT 90 MOORE HODGES & WARRENS L14 P13 PLATS W C R 3/119 35 X 1
Senior Community None
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Interior
Basement Full
Total Fireplaces 1
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Total Parking 1.0
Lot Size Area 0.1
Number of Buildings 1
Spa N
Lot Dimensions 35 x 127
Lot Size Acres 0.1
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 616
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* Excluded Features
List By
Kw Professionals

Broker

nate@mireloteam.com

Email

Affordability Calculator

$797
Per Month
83%
17%
0%
Monthly Principal & Interest
$664
Monthly Property Taxes
$133
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3706345 Elementary School
3706341 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/13/2024$95,000 -5.00% Price Down
2/12/2024$100,000 -13.04% Price Down
1/31/2024$115,000 -23.33% Price Down
1/15/2024$150,000 Listed Price

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616 Belmont Street, Detroit, MI, 48202 is a Multi-Family Home for sale at $95,000 with a lot size of 0.1. 616 Belmont Street is a studio with 0.0 baths and was built in 1915. The property's zip code is 48202 which is in Detroit, MI

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