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Jim Blehm

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

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268 Marston St , Detroit, MI 48202
$499,900
Est. Payment: $1,110.89/mo
0 Bed
4 Bath
0 Sqft
Status: Active | Days on site: 120
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408421 - 309130
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House Description

Great opportunity to be the new owner of this beautiful all brick 4 unit in Detroit's historic North End - a great area with lots of rehabs and construction all around and walking distance to Woodward and Grand Blvd. Three 2 bed 1 bath units and one 1 bed 1 bath with basement including storage areas and laundry hookups and tubs for each unit. Key feature of this property is the adjacent included lot which has parking lot with security gate. Your tenants can open the gate with a door opener from their car. One unit is all remodeled. Two are partially updated and one was just vacated by the tenant and needs a full update. Each unit has its own forced air furnace and water heater. Rents for similar units in area are appoximately $1100 - $1350. Owned by same family for over 50 years. They are happy to retire and see a new entrepreneur take it over.

Highlights

Listed by Patricia J Raymond , 248-229-8859 Keller Williams Paint Creek , 248-609-8000.

Property Type

Multi-Family

Lot/Acreage
0.13

HOA Fee

Year Built

1913

County

Wayne

School District

Detroit

Listing ID

20261035509

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:4
  • Full Bathrooms:
Water:Public

Exterior Features

Roof:Rubber
Principal Interest
$1,111
Taxes
$283
HOA
$0

Home Price

$499,900

Loan Details

30 yrs
%

Down Payment

20%
$99,980
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Monthly Price:
$1,110.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,110.89 $282.58 $0.00 $1,393.47
Yearly $13,330.67 $3,391.00 $0.00 $16,721.67
Total $399,920.00 $101,730.00 $0.00 $501,650.00

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.