$175,000
$230,000
23.9%For more information regarding the value of a property, please contact us for a free consultation.
3250 W 7 MILE Road Detroit, MI 48221
2 Beds
2 Baths
2,310 SqFt
Key Details
Sold Price $175,000
Property Type Multi-Family
Sub Type Colonial,Duplex,Historic
Listing Status Sold
Purchase Type For Sale
Square Footage 2,310 sqft
Price per Sqft $75
Subdivision Sherwood Forest (Plats)
MLS Listing ID 20230070571
Sold Date 01/17/24
Style Colonial,Duplex,Historic
Bedrooms 2
Full Baths 2
Originating Board Realcomp II Ltd
Year Built 1950
Annual Tax Amount $1,511
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 60.00 x 129.00
Property Description
Discover an investor's dream with this extraordinary opportunity to own a duplex located in the highly sought-after historic Sherwood Forest. This unique property presents a genuine duplex configuration, offering each tenant exclusive access through private entrances at both the front and rear of the house, complete with separate basements for added privacy. Inside, each unit boasts the elegance of natural hardwood flooring throughout, encompassing every room except the kitchen, bathroom and foyer areas. While each unit features a single bathroom, the basements are equipped with toilet facilities, opening up the potential to enhance value by incorporating half baths in each basement. Situated within a security patrolled community, the property is conveniently located just minutes away from the local police station, ensuring peace of mind. Moreover, you'll be within walking distance of the blossoming Avenue of Fashion, the esteemed Detroit Golf Club, a diverse selection of popular dining establishments, the convenience of Mike's Fresh Market, and a host of other amenities. Residents will relish the opportunity to enjoy leisurely strolls with their canine companions or provide their children with a vibrant outdoor space for play in both Palmer Park and Hyde Park. Nature enthusiasts will also appreciate the hiking and biking trails available in Palmer Park. Notably, while the adjacent lot is owned by the Detroit Land Bank, both the current and previous property owner have successfully utilized the lot, as attested by the seller. The units primarily require cosmetic updates in regards to most of the work needed, with 3254 benefiting from additional attention in the kitchen and basement areas compared to 3250. Seize this unmissable investment prospect that awaits you. Explore the smart designed floor plan to gain a clearer visualization of the layout for both units. Your gateway to a rewarding investment opportunity awaits! Information is deemed reliable but is not guaranteed. All offers will be considered.
Location
State MI
County Wayne
Area Det 6-8 Grfld-Dequindre
Zoning Multi-Family
Direction N OF 7 MILE, E OF LIVERNOIS
Rooms
Basement Unfinished
Interior
Interior Features Circuit Breakers, Other, Programmable Thermostat
Hot Water Natural Gas
Heating Forced Air
Cooling Ceiling Fan(s), Window Unit(s)
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Lighting, Private Entry, Security Patrol
Garage Spaces 3.0
Roof Type Asphalt
Porch Porch - Covered, Porch
Road Frontage Paved, Pub. Sidewalk
Garage yes
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial, Duplex, Historic
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W02I004566S
Ownership Short Sale - No,Private Owned
Assessment Amount $240
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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