This spacious two-story brick duplex at 8700 Dexter Avenue presents a remarkable investment opportunity in the heart of Detroit's historic Dexter-Linwood area. Boasting nearly 4,000 square feet of living space, this 1917 built multi-family residence features a robust four-bedroom, four-bathroom layout perfect for generating consistent rental income or accommodating a… Read More large multi-generational family. Ideally situated just south of Joy Road and minutes from the M-10 Lodge Freeway, the property offers residents effortless access to downtown and the surrounding Metro area. With its timeless symmetrical facade and solid brick construction, this property stands as a prime canvas for those looking to capitalize on Detroit's urban revitalization. Sold as is. Buyer and agent to verify all information. For the first 30-day period listing this property, the seller will only accept offers from Owner-Occupant Buyers, governmental entities, including their instrumentalities, and Nonprofit Organizations.'' Seller does not pay for closing costs which include but are not limited to buyer attorney's fees, title insurance premiums, transfer taxes, other title company misc charges property taxes, etc. Seller does not prorate taxes or pay any delinquent taxes or liens. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of RE/MAX Team 2000, (313) 561-0900.
Listing Snapshot
Days Online
18
Last Updated
Property Type
Multifamily
Square Ft.
3,968
Lot Size
0.11 Acres
Year Built
1923
MLS Number
20261023426
30 Days Snapshot Of 48206
$72k
-29%
(avg) sold price
20
+33%
homes sold
87
-9%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
2 total units, 2 two-bedroom units, Built in 1923, Architectural style: Other, Brick, 3,968 total square feet, 3,968 combined square feet, 1,984 total basement square feet, Unit count: 2
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.11, Lot size dimensions: 38X120
Miscellaneous
Gross scheduled income: $1, Income projection: Projected, Monthly rental income: $1,000, Net operating income: $1
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