19625 Conant Street Detroit, MI ^$ 1,250,000

19625 Conant Street

^$ 1,250,000

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19625 Conant Street

Detroit, MI, 48234

^$ 1,250,000

Studio Baths0.0

Monthly Estimate*

^$ 8,308

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Studio

Multi-Family Home for sale in Detroit, MI

for $1,250,000. This home was built in 1958 on a lot size of 0.39.

Value add 24 unit apartment building. Centrally located this building offers 10-minute access to Downtown, close proximity to major grocers and public transportation. Opportunity to increase income through increasing occupancy, renovating units and bringing rents up to market rate, lowering utility costs and restoring coin-op laundry.Located just south of 8 Mile Rd, east of I-75

Multi-Family Active

Price

^$ 1,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 10,945

Style

Lot Size

0.39

Year Built

1958

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

70407601

Features

General

Heating Baseboard Radiant

Possession At Close

Water Public Water

Status Active Active

Year Built 1958

County Wayne

Class MULTIFAMILY

Type Multi-Family

Municipality Detroit

Subdivision MI

Area Detroit (82001)

Primary City Detroit

Directions In between 8 Mile and & Mile on Conant

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description W CONANT 829 THRU 822 BURTONS SEVEN MILE ROAD SUB L34 P47 PLATS W C R 9/182 180 IRREG

DOM 33

Postal Code 48234

Coming Soon Value add 24 unit apartment building. Centrally located this building offers 10-minute access to Downtown

Exterior

Exterior Brick

Frontage 180

Lot Size Area 0.39

Lot Dimensions 180 X 118

Waterfront Y/N No

Interior

Total Number of Units 24

Fuel Type Electric Natural Gas

* Excluded Features

List By

Shawn Jacobs

Listing Agent

Moxie Real Estate + Development

Broker

shawnj@workwithmoxie.com

Affordability Calculator

$9,220

Per Month

Monthly Principal & Interest: $8,308
Monthly Property Taxes: $912
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 6.99% 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 ^$225,476

Percent of Sale Price 82%

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
5/21/2024	$1,250,000		Listed Price

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19625 Conant Street, Detroit, MI, 48234 is a Multi-Family Home for sale at $1,250,000 with a lot size of 0.39. 19625 Conant Street is a studio with 0.0 baths and was built in 1958. The property's zip code is 48234 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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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19625 Conant Street

Multi-Family Home for sale in Detroit, MI

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