18105 NORTHLAWN Street Detroit, MI ^$ 139,900

18105 NORTHLAWN Street

^$ 139,900

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18105 NORTHLAWN Street

Detroit, MI, 48221

^$ 139,900

Studio Baths2.1 Sq 2,933

Monthly Estimate*

^$ 977

18105 NORTHLAWN Street, Detroit, MI 48221 - Image 1

18105 NORTHLAWN Street, Detroit, MI 48221 - Image 2

Studio

Multi-Family Home for sale in Detroit, MI

for $139,900 with 2 full baths, 1 half bath. This 2,933 square foot home was built in 1929 on a lot size of 0.12.

ATTENTION ALL INVESTORS!!! AMAZING OPPORTUNITY TO OWN THIS 6 BEDROOM DUPLEX IN "BAGLEY SUBDIVISON" THAT WILL RENT OUT FOR $3,000 PER MONTH ONCE COMPLETED. ALSO MAKES A GREAT "FLIP" OPPORTUNITY. PLEASE REFERENCE 17553 ROSELAWN (SAME SUB). THIS WAS A TWO-FAMILY WE CONVERTED AND SOLD FOR $297K (CASH). WHETHER YOU KEEP IT AS A DUPLEX OR CONVERT IT INTO A SINGLE-FAMILY; COMPS RANGE FROM $280k ON THE LOW END TO $325k ON THE HIGHER END. THIS IS A NO-BRAINER INVESTMENT WITH PLENTY OF MEAT ON THE BONE FOR A FLIP OR AN AMAZING OPPPORTUNITY TO COLLECT THAT SWEAT EQUITY IN RENT EVERY MONTH. PROPERTY IS IN NEED OF TLC, AND REPAIR, HOWEVER ONCE REHABBED THE POSSIBILITIES ARE ENDLESS. THIS PROPERTY CAN ALSO BE PART OF A 4 PACK OF DUPLEXES. ALSO SEE 17187 NORTHLAWN, 17404 WISCONSIN, & 17529 ROSELAWN.

Multi-Family Pending

Price

^$ 139,900

Bedrooms

Studio

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 3,231

Style

Colonial

Lot Size

0.12

Year Built

1929

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60283625

Features

General

Heating Hot Water

Possession At Close

Water Public Water

Status Pending Pending

Full Baths 2

Half Baths 1

Bathrooms 3

Year Built 1929

Subdivision SEYMOUR & TROESTERS LOYOLA PK MI

Style Colonial

County Wayne

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality Detroit

Zoning Residential

Area Detroit (82001)

Primary City Detroit

Directions Take 7 Mile west make a left on Northlawn.

City Detroit

School District Detroit City School District

Street Name NORTHLAWN

Financial Terms Cash Conventional FHA VA

Legal Description W NORTHLAWN 137 SEYMOUR & TROESTERS LOYOLA PK SUB L45 P41 PLATS W C R 16/322 40 X 133.4A

DOM 60

Postal Code 48221

Price Per Sq Ft 47.7

Coming Soon ATTENTION ALL INVESTORS!!! AMAZING OPPORTUNITY TO OWN THIS 6 BEDROOM DUPLEX IN BAGLEY SUBDIVISON THAT WILL RENT OUT FOR $3

Interior

Basement Block

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick

Frontage 40

Lot Size Area 0.12

Lot Dimensions 40.00 x 133.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Alex Saad

Listing Agent

Re/Max Team 2000

Broker

Alexsaadremax@gmail.com

Affordability Calculator

$1,246

Per Month

Monthly Principal & Interest: $977
Monthly Property Taxes: $269
Monthly Home Insurance: --

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Loan Term

Interest Rate

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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 51%

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
1/22/2024	$139,900		Listed Price

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18105 NORTHLAWN Street, Detroit, MI, 48221 is a Multi-Family Home for sale at $139,900 with 2,933 sqft and a lot size of 0.12. 18105 NORTHLAWN Street is a studio with 2.1 baths and was built in 1929. The property's zip code is 48221 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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18105 NORTHLAWN Street

Multi-Family Home for sale in Detroit, MI

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