Address
638 Seward Street Detroit, MI
Price
$ 579,900
Property Attributes
  • ID#2210022984
  • TypeMulti-Family
  • CountyWAYNE
  • CityDetroit
  • AreaDet Woodward-Mcclellan-So Mack
  • Zip48202
  • StyleColonial
  • Year Built1902
  • Taxes$ 3719
  • Price$ 579,900
  • Bedrooms9
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3601
Listing Provided Courtesy Of:
@Properties Detroit
Data Source:
REALCOMP II LTD.
Property Description

Four-unit apartment building in New Center! The subject property offers an investor an opportunity to buy a great building and location with a current tenant occupied income stream.Tenants pay all water, electric, and gas bills. Opportunity Zone- this project would work well to condo convert and apply for the NEZ tax abatement. The large back parking lot allows a huge value add with the opportunity to build on. This location has great freeway access and closeby to many walkable conveniences.

Price History
4/6/2021 Listed $579,900

General Features

Basement Type Unfinished
Construction Materials Brick
Cooling Central Air
Cumulative Days on Market 40
Down Payment Resource Yes
Gross Scheduled Income 67200.00
Heating Forced Air
Listing Agent Public Id 365647
Net Operating Income 65000.00
Ownership Status Private Owned, Short Sale - No
Parcel Number W04I001863S
Property Type Multifamily
School District Detroit
Sewer Sewer-Sanitary
Short Sale No
Status Active
Terms Offered Cash, Conventional, Warranty Deed
Total Sq Ft 3601
Transaction Type Sale
Year Built 1902
Zoning Multi-Family

Interior Features

Basement Y/N Yes
Full Baths 4
Heating Fuel Natural Gas
Total Baths 4.00
Total Units 4
Unit Count 2

Exterior Features

Architecture Level 2 Story
Architecture Style Colonial
Foundation Basement
Foundation Materials Brick
Frontage Feet 40
Lot Size Area 0.00
Lot Size Dimensions 50X175
Roof Material Asphalt
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Stonway Group and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of May 17, 2021 2:23 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48202

Price
AVG $290K
$580K
Taxes
AVG $1,716
$3,719
Visits
AVG 17
20
Year Built
AVG 1905
1902
Walkscore
AVG 72
67
Data Provided by Walkscore ® not using MLS data

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