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1626 Gladstone Detroit, MI $ 350,000
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$ 350,000 Get more info
1626 Gladstone
$ 350,000
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1626 Gladstone

Detroit, MI, 48206
$ 350,000
Bedrooms-- Baths-- Sq 2,760

Monthly Estimate*

$ 2,184

1626 Gladstone, Detroit, MI 48206 - Image 1

Commercial Property for sale in Detroit, MI

for $350,000. This 2,760 square foot building was built in 1920.

Located 4 minutes from the infamous Boston Edison Historic District, you will find 1626 Gladstone nestled on a 5,357 square foot lot in a quiet neighborhood of homeowners. This crown jewel consists of 4 recently remodeled, two bedroom homes. Each unit has been upgraded and has newly installed furnace’s and hot water tanks. In addition, each unit has newer plumbing and electrical as well to insure maintenance free cash flow. Each spacious dwelling has the following cosmetic upgrades: freshly rolled paint, brand new carpet with top of the line underlayment, and a brand new roof 40 year roof. Each unit is leased to

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Commercial Pending

Price

$ 350,000

Property Type

Commercial

Taxes

$ 1,164

Style

RealEstateOnly

Year Built

1920

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

2220035187
Features
General
Sewer SewerAtStreet
Heating OtherHeatingSource Wood
Possession AtClose
Construction Materials Brick
Year Built 1920
Levels Two
Property Subtype RealEstateOnly
Current Use MixedUse
Business Type Apartments
County Wayne
Net Operating Income 57444.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Total Rooms 0
Status Pending
Directions N Rosa Parks W Hazelwood
City DetroitCity_Wayne
Disclosures NoEncroachment
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 4
MLS Area Area05032Det6To8GrnfldToLimits
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 1164.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Legal Description N GLADSTONE E 10 FT 29 28 STEPHENS SUB L30 P44 PLATS WCR 8/118 40 X 134.21
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Exterior
Water Source WateratStreet
Foundation Details Basement Block
Spa N
Building Area Total 5357.0
Lot Dimensions 40x134x40x134
Lot Size Acres 0.0
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 2760.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 1626
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* Excluded Features
List By
Jerry Norton

Listing Agent

Red Carpet Premier Llc

Broker

(248) 860-5244

Phone

Affordability Calculator

$2,281
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,184
Monthly Property Taxes
$97
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
848539 Elementary School
848135 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
4/5/2024$350,000 Listed Price

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1626 Gladstone, Detroit, MI, 48206 is a Commercial Property for sale at $350,000 with 2,760 sqft. 1626 Gladstone was built in 1920. The property's zip code is 48206 which is in Detroit, MI

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