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Jim Blehm

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

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5305 Newport St , Detroit, MI 48213
$125,000
Est. Payment: $277.78/mo
0 Bed
2 Bath
0 Sqft
Status: Active | Days on site: 134
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324866 - 414774
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Turnkey multifamily opportunity in Detroit’s rapidly evolving Chandler Park neighborhood positioned just minutes from one of the city’s largest and most active green spaces, Chandler Park. Chandler Park is Detroit’s fourth largest park, featuring a public golf course, aquatic center, skate park, walking trails, and expansive green space, driving consistent neighborhood demand. A newly opened, state-of-the-art domed sports complex offers year-round recreation, fitness programming, and community events, filling a major amenity gap on Detroit’s east side. With over $20M+ already invested into park and community improvements and additional projects in the pipeline, Chandler Park is emerging as a key east-side anchor for recreation, housing, and neighborhood revitalization.Property is 1 of 11 in a portfolio being sold all within the Downtown Area. Buy 1 or as many as you would like. MLS#s for the other 10 properties: 20261015005, 20261015035, 20261015052, 20261015057, 20261015574, 20261015576, 20261015577, 20261015578, 20261015583, 20261015586
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Highlights

Listed by Michael Gerisch , 734-709-3339 KW Professionals , 734-459-4700.

Property Type

Multi-Family
Lot/Acreage
0.11

HOA Fee

Year Built

1929

County

Wayne

 School District

Detroit

Listing ID

20261015683

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:
Air Cond:Window Unit(s)
Fireplaces:
Water:Public

Exterior Features
Principal Interest
$278
Taxes
$162
HOA
$0

Home Price

$125,000

Loan Details

30 yrs
%

Down Payment

20%
$25,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$277.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $277.78 $162.17 $0.00 $439.94
Yearly $3,333.33 $1,946.00 $0.00 $5,279.33
Total $100,000.00 $58,380.00 $0.00 $158,380.00

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.