Detroit, MI 48221,3250 W 7 MILE Road

$175,000

Est. payment /mo

$230,000

23.9%
Est.Price: ?

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3250 W 7 MILE Road Detroit, MI 48221

2 Beds

2 Baths

2,310 SqFt

SOLD DATE : 01/17/2024

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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Realcomp MLS
Listed by Patrice Henderson of Max Broock Realtors
Bought with KW Metro

Craig Ward

Agent | License ID: 382487

+1(248) 217-1905

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