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$ 390,000
Est. payment /mo
Price Dropped by $35K
5907 IROQUOIS Street Detroit, MI 48213
5 Baths
6,534 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240085916
Year Built 1923
Annual Tax Amount $7,555
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 60.00 x 110.00
Source Realcomp
Property Description
Discover a prime investment opportunity with this four-unit multifamily property located at 5907 Iroquois Street in Detroit. The building comprises three spacious three-bedroom units and one two-bedroom unit, offering a versatile portfolio for potential investors.Property Highlights: • Total of 11 bedrooms and 4 bathrooms across all units • Each unit features a comfortable layout suitable for various tenant needs • Recent updates include newer furnaces, hot water tanks, plumbing, and electrical panels, ensuring reduced maintenance costs and enhanced tenant satisfaction • Conveniently located near I-94, providing easy access to downtown Detroit, just a 10-minute drive awayThis property presents an excellent opportunity for both seasoned investors and those new to real estate investment. The combination of occupied units generating steady income and two units ready for occupancy makes this a compelling addition to any portfolio.Don't miss out on this chance to invest in a property with substantial income potential in a prime Detroit location. Contact us today to schedule a viewing or for more information.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction Gratiot Ave to E Warren to Iroquois
Interior
Heating Hot Water
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Aluminum Siding,Brick
Schools
School District Detroit
Others
Tax ID W17I007335S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by KW Metro