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Jim Blehm

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

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3026 Mount Elliott St , Detroit, MI 48207
$59,500
Est. Payment: $132.22/mo
1 Bed
1 Bath
1000 Sqft
Status: Active | Days on site: 134
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386963 - 381215
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House Description

This property includes a small apartment on the first floor, suitable for one or two occupants, which can be used as temporary housing or an initial rental unit during the renovation process. The structure can be reimagined into up to four apartment units, two per floor, with additional potential for an extra unit on the third floor. Situated just 10 minutes from Downtown Detroit, residents can easily access the city’s major sports arenas, entertainment venues, and cultural attractions. The property is also conveniently located 10 minutes from Belle Isle Park, 5 minutes from the historic Eastern Market, and just steps away from the world-famous Heidelberg Project, a landmark outdoor art installation. The property has already completed the demolition phase, providing a clean slate for the next owner to design and build according to their specific vision. This flexibility makes it ideal for Airbnb conversions, long-term rentals, or custom residential development. The livable square footage is roughly 1,000sq ft. However, the total square footage of the home is 3,513 allowing for a wide variety of potential changes to the floor plan as most of the house is unfinished.

Highlights

Listed by Bashar G Nijem , 248-229-7503 Realtyflo Inc , 313-466-7253.

Property Type

Residential

Lot/Acreage
0.11

Year Built

1912

County

Wayne

School District

Detroit

Listing ID

20251053230

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:1
  • Full Bathrooms:1
Other:
  • Additional:Master on Main
Water:Public

Exterior Features

Sewer:Public
Principal Interest
$132
Taxes
$313

Home Price

$59,500

Loan Details

30 yrs
%

Down Payment

20%
$11,900
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Monthly Price:
$132.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $132.22 $312.92 $0.00 $445.14
Yearly $1,586.67 $3,755.00 $0.00 $5,341.67
Total $47,600.00 $112,650.00 $0.00 $160,250.00

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.