2287 LOTHROP Street Detroit, MI ^$ 270,000

2287 LOTHROP Street

^$ 270,000

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2287 LOTHROP Street

Detroit, MI, 48206

^$ 270,000

Studio Baths2.1 Sq 2,648

Monthly Estimate*

^$ 1,886

2287 LOTHROP Street, Detroit, MI 48206 - Image 1

Studio

Multi-Family Home for sale in Detroit, MI

for $270,000 with 2 full baths, 1 half bath. This 2,648 square foot home was built in 1916 on a lot size of 0.17.

2 unit property with Newer roof, Newer windows, and other updates. Located near the Lasalle Gardens area this 2 unit property has great potential. Located near Motown Museum, Henry Ford Hospital, just minutes from Downtown Detroit. Currently rented.

Multi-Family Active

Price

^$ 270,000

Bedrooms

Studio

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 1,316

Style

Lot Size

0.17

Year Built

1916

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60285328

Features

General

Heating Forced Air

Possession Close Plus 30 Days

Water Public Water

Status Active Active

Full Baths 2

Half Baths 1

Bathrooms 3

Year Built 1916

Subdivision LASALLE GARDENS (PLATS) 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 Take W Grand Blvd To 14th Go North To Lothrop Go West

City Detroit

School District Detroit City School District

Street Name LOTHROP

Financial Terms Cash Conventional FHA

Legal Description S LOTHROP W 10 FT 381 E 30 FT 382 LA SALLE GARDENS SUB L25 P100 PLATS W C R 10/66 40 X 180

DOM 83

Postal Code 48206

Price Per Sq Ft 101.96

Coming Soon 2 unit property with Newer roof Newer windows and other updates. Located near the Lasalle Gardens area this 2 unit property has great potential. Located near Motown Museum Henry Ford Hospital

Interior

Basement Block

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick

Frontage 40

Lot Size Area 0.17

Lot Dimensions 40.00 x 180.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Reggie Perryman

Listing Agent

Kw Metro

Broker

reginaldperryman1@gmail.com

Affordability Calculator

$1,996

Per Month

Monthly Principal & Interest: $1,886
Monthly Property Taxes: $110
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 21%

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
1/31/2024	$270,000		Listed Price

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2287 LOTHROP Street, Detroit, MI, 48206 is a Multi-Family Home for sale at $270,000 with 2,648 sqft and a lot size of 0.17. 2287 LOTHROP Street is a studio with 2.1 baths and was built in 1916. The property's zip code is 48206 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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2287 LOTHROP Street

Multi-Family Home for sale in Detroit, MI

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