MI > Detroit
Detroit, MI 48208,1531 W Warren Avenue
Detroit, MI 48208,1531 W Warren Avenue
Detroit, MI 48208,1531 W Warren Avenue
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$699,000
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4 BD
7,405 Sqft Lot
Active

1531 W Warren Avenue Detroit, MI 48208

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Matt Demorest

Matt Demorest

+1(734) 882-8194

UPDATED:

11/01/2024 06:47 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 81024057122

Bedrooms 4

Originating Board Greater Metropolitan Association of REALTORS®

Year Built 1911

Annual Tax Amount $20,067

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 129 x 28

Property Description

Located on a beautiful tree-lined block in the highly sought-after Woodbridge neighborhood, this 4-unit property is a prime investment opportunity. Each unit features 1 bedroom and 1 bathroom, offering cozy living spaces perfect for tenants looking to be near the heart of Detroit. With its proximity to Wayne State University, Henry Ford Hospital, Detroit Medical Center, and vibrant local restaurants, shops, and parks, this property is a magnet for tenants.Three of the four units are currently rented, generating a strong monthly income of over $4,000 when fully occupied. This property is ideal for investors seeking steady cash flow in a desirable area with high rental demand.Don't miss this chance to own a multi-unit gem in one of Detroit's most thriving neighborhoods!

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Direction South on Trumbull to W. Warren. Make a right on W. Warren.

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Waterfront no

Garage no

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal), Water at Street

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID 08006042

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Realcomp MLS
©2024 Realcomp II Ltd. Shareholders
Listed by Ishma Best of Prep Realty

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Matt Demorest

Broker | License ID: 6502432801

+1(734) 882-8194

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1531 W Warren Avenue