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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1423 Lakewood St , Detroit, MI 48215
$99,900
Est. Payment: $222.00/mo
0 Bed
2 Bath
0 Sqft
Status: Pending | Days on site: 63
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House Description

Multifamily opportunity at 1423 Lakewood in Detroit! This property features two spacious units, each offering 3 bedrooms and 1 full bathroom, A full kitchen, living room and dining room making it ideal for both investors and owner-occupants.The property includes a shared basement, providing additional storage and utility space for tenants. Outside, you’ll find a large driveway with ample parking along with two separate garages—a 2.5-car garage and an additional 1.5-car garage, a rare and valuable feature for rental properties.Situated on two parcels of land, this property offers added flexibility and long-term potential for expansion or increased value. Conveniently located near major roads, shopping, and local amenities, this is a strong income-producing asset with room to grow.**Second floor unit's address is 1427 Lakewood St, Detroit, MI 48215****Second parcel included is 1407 Lakewood St, Detroit, MI 48215**Don’t miss out on this versatile Detroit investment opportunity!

Highlights

Listed by Moe Kassem , 248-847-8067 EXP Realty Main , 888-501-7085.

Property Type

Multi-Family

Lot/Acreage
0.17

HOA Fee

Year Built

1915

County

Wayne

School District

Detroit

Listing ID

20261030037

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:
Water:Public

Exterior Features

Principal Interest
$222
Taxes
$121
HOA
$0

Home Price

$99,900

Loan Details

30 yrs
%

Down Payment

20%
$19,980
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Monthly Price:
$222.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $222.00 $120.58 $0.00 $342.58
Yearly $2,664.00 $1,447.00 $0.00 $4,111.00
Total $79,920.00 $43,410.00 $0.00 $123,330.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.