13004 THOMSON Street Highland Park, MI ^$ 165,000

13004 THOMSON Street

^$ 165,000

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13004 THOMSON Street

Highland Park, MI, 48203

^$ 165,000

Studio Baths10.0 Sq 6,806

Monthly Estimate*

^$ 1,153

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Studio

Multi-Family Home for sale in Highland Park, MI

for $165,000 with 10 full baths. This 6,806 square foot home was built in 1925 on a lot size of 0.13.

***Seller has dropped the price to rock bottom to make a deal this week*** Attention investors. Come and take a look at this great redevelopment opportunity located in Highland park. This building has undergone a full clean out and preliminary demo. The seller also installed a completely new roof from the plywood up. It was a full torch down replacement at a cost of $50,000. All of the debris has been collected and hauled away. This property is ready for plumbing, and electrical, as well as windows. There are 4 units per floor and 2 basement units for a total of 10 units. There is a projected rehab cost less than $200k to complete this project with an ARV of $550,000-$600,000. This property is also located between 2 MSHDA Opportunity Zones, so it is a prime redevelopment area. Come and take a look today!

Multi-Family Active

Price

^$ 165,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,077

Style

Lot Size

0.13

Year Built

1925

Town/City

Highland Park

County/Region

Wayne

MLS | Web ID

60285375

Features

General

Heating Forced Air

Possession At Close

Water Public Water at Street

Status Active Active

Full Baths 10

Half Baths 0

Bathrooms 10

Year Built 1925

Subdivision WRIGHT & STRASSBURG ADDITION SUB MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality Detroit

Zoning Multi-Family

Area Detroit (82001)

Primary City Highland Park

Directions N on Hamilton Turn left onto Thomson

City Highland Park

School District Highland Park City Schools

Street Name THOMSON

Financial Terms Cash Conventional

Legal Description 3815 S. 30 FT. OF LOT 42 & N. 15 FT. OF LOT 43 WRIGHT AND STRASSBURG'S ADDITION SUB 1/4 SEC'S 6 AND 15 10000 AT L17 P63 WCR

DOM 89

Postal Code 48203

Price Per Sq Ft 24.24

Coming Soon

Interior

Basement Block

Fireplace? No

Total Number of Units 10

Fuel Type Natural Gas

Exterior

Exterior Brick

Frontage 0

Lot Size Area 0.13

Lot Dimensions 45.00 x 125.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

David Rabior

Listing Agent

Clyde Realty Llc

Broker

davidrabior@gmail.com

Affordability Calculator

$1,492

Per Month

Monthly Principal & Interest: $1,153
Monthly Property Taxes: $340
Monthly Home Insurance: --

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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 Highland Park, MI

Average List Price ^$115,296

Percent of Sale Price 30%

About Highland Park, MI

10,054 Population

-40% Since 2002

^$18,891 Median Income

41.01 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1348197 Elementary School

1348202 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/29/2024	$165,000	-10.81%	Price Down
3/17/2024	$185,000	-22.88%	Price Down
3/12/2024	$239,900	-4.00%	Price Down
1/31/2024	$249,900		Listed Price

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13004 THOMSON Street, Highland Park, MI, 48203 is a Multi-Family Home for sale at $165,000 with 6,806 sqft and a lot size of 0.13. 13004 THOMSON Street is a studio with 10.0 baths and was built in 1925. The property's zip code is 48203 which is in Highland Park, 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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13004 THOMSON Street

Multi-Family Home for sale in Highland Park, MI

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