Detroit, MI 48209,1045 JUNCTION
$330,000
$355,000
7.0%
Est.Price: ?

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4 BD
4 BA
3,872 SqFt

1045 JUNCTION Detroit, MI 48209

Est. payment /mo
SOLD DATE : 10/12/2023

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Key Details

Sold Price $330,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,872 sqft

Price per Sqft $85

Subdivision Plat Of Reeder Jerome & Duffield Sub (Plats)

MLS Listing ID 20230080068

Sold Date 10/12/23

Style Quadruplex

Bedrooms 4

Full Baths 4

Originating Board Realcomp II Ltd

Year Built 1885

Annual Tax Amount $1,470

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 60 x 130 x 60 x 130

Property Description

Welcoming your NEW INVESTMENT property in Southwest Detroit! Perfect for investors or first time home buyer's looking to house hack! Live in one unit and rent out the others. This QUADRUPLEX has CASHFLOW and is professionally managed by a property management company. 4 Units, 2 - 3 Bed/1 Bath units & 2 - 2 Bed/1 Bath Units. Highly appreciating location. Only 5 mins from Ford's MASSIVE 740-Million Dollar renovation at Michigan's Central Station in CORKTOWN. Located on Junction Ave, on the road near the 5.7-Billion Dollar Gordie Howe International Bridge development! Walking distance to Clark Park, Armandos, Mexicantown Bakery, Mutiny Bar, Flowers of Vietnam, El Club & more! This area attracts WSU Students, Casino Workers, Henry Ford, DMC or VA Hospital workers. Priced to sell. Selling 'as-is'. Monthly & Annual income is projected. 2 units currently occupied; Unit 1047 for $900 per month (lease ends 3/22/24) and Unit 1049 for $1,000 per month (lease ends 8/20/24). Make your investment for the future today!

Location

State MI

County Wayne

Area Det South Of Grand River

Zoning Multi-Family

Direction Junction & 75

Rooms

Basement Unfinished, Common

Interior

Interior Features High Spd Internet Avail

Hot Water Natural Gas

Heating Forced Air

Cooling Window Unit(s)

Fireplace no

Heat Source Natural Gas

Exterior

Exterior Feature Awning/Overhang(s), Private Entry, Fenced

Waterfront no

Roof Type Rubber

Porch Balcony, Porch

Road Frontage Paved, Pub. Sidewalk

Garage no

Building

Foundation Basement

Sewer Sewer at Street

Water Water at Street

Architectural Style Quadruplex

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W16I013350S001

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Rebuilt Year 2019

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Daniel Ericksen of Signature Sotheby's International Realty GPF
Bought with RE/MAX Classic

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Dylan Tanaka

Broker Associate | License ID: 6506046373

+1(248) 609-3030

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