11603 MITCHELL Street Hamtramck, MI ^$ 325,000

11603 MITCHELL Street

^$ 325,000

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11603 MITCHELL Street

Hamtramck, MI, 48212

^$ 325,000

Studio Baths5.0 Sq 3,200

Monthly Estimate*

^$ 2,270

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Studio

Multi-Family Home for sale in Hamtramck, MI

for $325,000 with 5 full baths. This 3,200 square foot home was built in 1920 on a lot size of 0.07.

FANTASTIC OPPORTUNITY FOR INVESTORS LOOKING TO ADD TO THEIR PORTFOLIO ON THIS WELL-MAINTAINED MULTIFAMILY PROPERTY!! PROPERTY WAS FULLY UPDATED, TAKEN DOWN TO THE STUDS!!! UPDATES INCLUDE INDEPENDENT FURNACE FOR EACH UNIT AND NEW DUCT WORK. ALL NEW WIRING AND COPPER PLUMBING THROUGHOUT PROPERTY. SEWER LINE UPDATED TO PVC. BASEMENT HAS BEEN PROFESSIONALLY WATERPROOFED AND SUMP PUMP HAS BEEN ADDED. NEW VINYL FLOORING THROUGHOUT. UPDATED KITCHENS AND BATHS. THIS IS AN INCREDIBLE OPPORTUNITY TO OWN A MULTI UNIT, IN THE HEART OF HAMTRAMCK, WITH EXCELLENT CASH FLOW, NEAR MANY NEWER CONSTRUCTION PROPERTIES AND RENOVATION PROJECTS TAKING PLAC NEARBY! THIS IS NOT GOING TO LAST, CALL FOR AN APPOINTMENT TODAY! SHOWINGS BY APPOINTMENT ONLY** DO NOT APPROACH TENANTS PLEASE!

Multi-Family Active

Price

^$ 325,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,069

Style

Lot Size

0.07

Year Built

1920

Town/City

Hamtramck

County/Region

Wayne

MLS | Web ID

60300409

Features

General

Interior Features DSL Available

Heating Forced Air

Cooling Central A/C

Possession Close Plus 31-60 Days

Exterior Features Fenced Yard Patio

Water Public Water at Street

Status Active Active

Full Baths 5

Half Baths 0

Bathrooms 5

Year Built 1920

Parking On Street

Subdivision D W SIMONS' HIGHLAND BLOCK 5 MI

Water Heater Gas

County Wayne

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality Hamtramck

Structure Style 2 Story

Area Hamtramck (82056)

Primary City Hamtramck

Directions N of Joseph Campau Ave & E of Casmere St.

City Hamtramck

School District Hamtramck Public Schools

Street Name MITCHELL

Financial Terms Cash Conventional

Legal Description LOT 54 D. W. SIMONS' HIGHLAND SUB BLOCK 5 SEC 21 10 000 A.T. L.11 P.46 WCR

DOM 12

Postal Code 48212

Price Per Sq Ft 101.56

Coming Soon FANTASTIC OPPORTUNITY FOR INVESTORS LOOKING TO ADD TO THEIR PORTFOLIO ON THIS WELL-MAINTAINED MULTIFAMILY PROPERTY!! PROPERTY WAS FULLY UPDATED

Interior

Basement Block

Fireplace? No

Total Number of Units 5

Fuel Type Natural Gas

Exterior

Exterior Vinyl Siding Wood

Frontage 30

Lot Size Area 0.07

Lot Dimensions 30.00 x 100.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Robert Kabbani

Listing Agent

Keller Williams Legacy

Broker

robertkabbani@gmail.com

Affordability Calculator

$2,526

Per Month

Monthly Principal & Interest: $2,270
Monthly Property Taxes: $256
Monthly Home Insurance: --

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Down Payment

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 Hamtramck, MI

Average List Price ^$239,961

Percent of Sale Price 26%

About Hamtramck, MI

22,730 Population

-1% Since 2002

^$23,791 Median Income

31.79 Median Age

41% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760030 Elementary School

759787 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/27/2024	$325,000	-7.14%	Price Down
4/15/2024	$350,000		Listed Price

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11603 MITCHELL Street, Hamtramck, MI, 48212 is a Multi-Family Home for sale at $325,000 with 3,200 sqft and a lot size of 0.07. 11603 MITCHELL Street is a studio with 5.0 baths and was built in 1920. The property's zip code is 48212 which is in Hamtramck, 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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11603 MITCHELL Street

Multi-Family Home for sale in Hamtramck, MI

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