Detroit, MI 48202,563 Holbrook Avenue

$265,150

Est. payment /mo

$250,000

6.1%
Est.Price: ?

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563 Holbrook Avenue Detroit, MI 48202

1 Bed

6,534 Sqft Lot

SOLD DATE : 03/27/2024

Key Details

Sold Price $265,150

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Sub Of Pt Of 1/4 Sec 44 (Plats)

MLS Listing ID 81024005347

Bedrooms 1

Year Built 1912

Annual Tax Amount $1,051

Lot Size 6,534 Sqft

Property Description

This FULLY OCCUPIED 2 family flat is nestled on a quiet block located in Detroit's highly sought after North End neighborhood. Both spacious 3 bedroom, 1 bathroom apartments include but are not limited to features such as hardwood floors, bedrooms with ample closet options, a street view balcony, and an updated kitchen with original built-in cabinetry. The plumbing, electrical, and heating systems are all brand new. This place is the perfect purchase for a savvy investor. The upstairs apartment is currently being rented for $1,475/month, while the downstairs unit is being rented for $875/month, providing a value add opportunity for an investor, or a remodel to create ideal living for a home buyer looking to house hack. There is also a recently announced City of Detroit funding for up to $15,000 per a unit for Duplexes. Less than 10 minute drive to downtown Detroit, and a 5 minute drive to midtown, this home ownership opportunity is uniquely rare and one to take advantage of. Newly renovated duplexes in the most desired neighborhoods in Detroit are moving quickly. It's your time to own a piece of Detroit???s comeback in one of its premier neighborhoods with tons of investments happening and planned around the neighborhood. THERE ARE NO SHOWINGS WITHOUT AN ACCEPTED OFFER.

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Other

Interior

Heating Forced Air

Building

Foundation Michigan Basement

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal), Water at Street

Structure Type Brick

Schools

School District Detroit

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Realcomp MLS
Listed by Ishma D Best of Prep Realty
Bought with Keller Williams Somerset
agent

Joe Muck

Agent | License ID: 399769

+1(313) 283-4740

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