10027 Elmira Street Detroit, MI $ 49,900
10027 Elmira Street
$ 49,900
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10027 Elmira Street

Detroit, MI, 48204
$ 49,900
Bedrooms3 Baths2.0 Sq 1,680

Monthly Estimate*

$ 332

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Multi-Family Home for sale in Detroit, MI

for $49,900 with 3 bedrooms and 2 full baths. This 1,680 square foot home was built in 1926 on a lot size of 0.09.

***Investor Special*** This recently vacated multi-family unit is an investor's dream. With a competitive price, this property features a 1-bedroom, 1-bathroom unit upstairs and a 2-bedroom, 1-bathroom unit downstairs. Each unit has a sizeable living room, formal dining room, and its own separate entrance and basement access. The property boasts a large, fenced yard and is conveniently located with easy access to downtown Detroit via Grand River Avenue, or to northern Detroit suburbs via quick connections to I-96 and the Lodge Freeways. With some rehabilitation and updates, this could become a profitable multi-unit rental property. Potential rental income could reach up to $2,000/month, with an after-repair value (ARV) of $119k and higher, based on comparable properties in the same block and surrounding areas.

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Multi-Family Active

Price

$ 49,900

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,049

Style

Bungalow

Lot Size

0.09

Year Built

1926

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240032452

Features
Interior
Heating Fuel Natural Gas
Basement Y/N 1
Total Units 2
Fireplace 0
Street Suffix Street
Total Baths 2.00
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General
Sewer Public Sewer (Sewer-Sanitary) Sewer at Street
Heating Forced Air
Possession At Close
Pets Allowed Cats OK Dogs OK
Zoning Multi-Family
Pool Y/N 0
Full Baths 2
Half Baths 0
Year Built 1926
Property Type Multifamily
Subdivision Name B E TAYLORS SOUTHLAWN (PLATS)
Transaction Type Sale
Basement Type Unfinished
Status Active
Short Sale No
Parking Total 1
Construction Materials Vinyl
Cumulative Days on Market 23
MLS Area Det 6-Tire - Grnfld - Livernois
Directions Wyoming South pass Grand River to Elmira
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Down Payment Resource 1
Ownership Status Short Sale - No Private Owned
Street Name ELMIRA
Assessment 240.00
Total Sq Ft 1680
DOM 23
Taxes 1049.0000
Legal Description Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2022. S ELMIRA 445 B E TAYLORS SOUTHLAWN SUB L33 P2 PLATS W C R 18/382 40 X 100
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Exterior
Waterfront 0
Lot Size Area 0.09
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions 40.00 x 100.00
Garage Y/N 1
Architecture Level 2 Story
Architecture Style Bungalow
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Charvez C Miles

Listing Agent

C Miles Realty Llc

Broker

(313) 912-6694

Phone

Affordability Calculator

$419
Per Month
79%
21%
0%
Monthly Principal & Interest
$332
Monthly Property Taxes
$87
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/5/2024$49,900 -16.69% Price Down
5/13/2024$59,900 Listed Price

Map


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10027 Elmira Street, Detroit, MI, 48204 is a Multi-Family Home for sale at $49,900 with 1,680 sqft and a lot size of 0.09. 10027 Elmira Street has 3 bedrooms, 2.0 baths, and was built in 1926. The property's zip code is 48204 which is in Detroit, MI