9621 Otsego Street Detroit, MI $ 159,900
9621 Otsego Street
$ 159,900
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9621 Otsego Street

Detroit, MI, 48204
$ 159,900
Bedrooms4 Baths4.0 Sq 2,980

Monthly Estimate*

$ 1,117

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Multi-Family Home for sale in Detroit, MI

for $159,900 with 4 bedrooms and 4 full baths. This 2,980 square foot home was built in 1923 on a lot size of 0.11.

Each unit in this 4-unit multifamily property is self-contained and includes its own kitchen, bathroom, and living areas. The units may have different layouts and sizes, offering tenants a range of options to suit their needs. New roof, new Pex plumbing and Pvc main drains, All new interior doors and windows, 4 new furnaces and 4 hot water heaters. In terms of investment potential, a 4-unit multifamily property can be an attractive option. It provides multiple rental units under one roof, offering the opportunity to generate revenue from multiple streams of rental income. Two units are finished and rented out and the 2 units are 95% complete. Come take a look and make money from day one. Sold As-Is

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Multi-Family Active

Price

$ 159,900

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 43

Style

Quadruplex

Lot Size

0.11

Year Built

1923

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240002827

Features
Interior
Heating Fuel Natural Gas
Basement Y/N 1
Total Units 4
Fireplace 0
Street Suffix Street
Total Baths 4.00
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession At Close
Pets Allowed No
Zoning Multi-Family
Pool Y/N 0
Full Baths 4
Half Baths 0
Year Built 1923
Property Type Multifamily
Subdivision Name GRAHAM & CARROLLS GRAND RIVER SUB (PLATS)
Transaction Type Sale
Basement Type Unfinished
Status Active
Short Sale No
Parking Total 0
Construction Materials Brick
Cumulative Days on Market 90
MLS Area Det: Livernois-I75 6-Gd River
Directions Joy/Otsego
City Detroit
Terms Offered Cash Conventional FHA
School District Detroit
Land Contract 0
Down Payment Resource 1
Ownership Status Short Sale - No Private Owned
Street Name OTSEGO
Homestead 0
Assessment 0.00
Total Sq Ft 2980
DOM 90
Taxes 43.0000
Legal Description Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2025. W OTSEGO S 25 FT 149 N 15 FT 150 GRAHAM & CARROLLS GRAND RIVER SUB L30 P73
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Exterior
Waterfront 0
Lot Size Area 0.11
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions 40.00 x 124.00
Architecture Level 2 Story
Architecture Style Quadruplex
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Rabeeh Hammoud

Listing Agent

Re/Max Leading Edge

Broker

(313) 332-5821

Phone

Affordability Calculator

$1,121
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,117
Monthly Property Taxes
$4
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!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/23/2024$159,900 -11.12% Price Down
1/23/2024$179,900 -10.01% Price Down
1/15/2024$199,900 Listed Price

Map


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9621 Otsego Street, Detroit, MI, 48204 is a Multi-Family Home for sale at $159,900 with 2,980 sqft and a lot size of 0.11. 9621 Otsego Street has 4 bedrooms, 4.0 baths, and was built in 1923. The property's zip code is 48204 which is in Detroit, MI