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4766 COMMONWEALTH Street Detroit, MI 48208
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Key Details
Sold Price $915,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 7,264 sqft
Price per Sqft $125
Subdivision Avery & Murphys Sub (Plats)
MLS Listing ID 20221070124
Sold Date 10/24/23
Style Quadruplex
Bedrooms 7
Full Baths 8
Originating Board Realcomp II Ltd
Year Built 1911
Annual Tax Amount $2,835
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 57.00 x 130.00
Property Description
Neighborhood NEXT | Investment Gem
Global Real Estate Consulting is proud to present 4766 Commonwealth Apartments. Two beautiful brownstone quad (4 Unit) buildings located in the historical Woodbridge neighborhood. Rare opportunity to own one of these two-quad properties.
These twin grand dames have stood majestically in this well manicured neighborhood since 1911 and has been under the same ownership for over 40 years. Professionally managed. Two of the 8 units have been utilized as one townhouse and await your creative remodeling to transform it into a high demand, large luxury apartment unit or be converted back to two separate units.
Central and convenient to lifestyle ammenities and entertainment, makes this location a top pick for tenants. Just .5 miles to Wayne State University, 1.4 miles to Motorcity Casino, 1.5 miles to Midtown, 1.6 Mile to Corktown, , 1.7 Miles to Whole Food Market, 1.8 Mile to Starbucks, 2.1 miles to Little Caesars Area, 2.3 miles to Downtown Detroit, 2.4 miles to Comerica Park, 2.5 miles to Campus Martius Park, 3.8 Miles to Eastern Market, just to name a few.
There is one vacant unit and the one modified unit which are available to tour. Proof of purchasing power (approved Mortgage letter or bank statements for cash buyers) is required BEFORE a tour will be confirmed. Tour Requires a Licensed MI Agent. Income projections are based on full occupancy. No Sign On Property.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family
Direction On Corner of Commonwealth & W Hancock St
Rooms
Basement Interior Entry (Interior Access), Unfinished
Interior
Heating Radiant
Fireplace no
Heat Source Natural Gas
Exterior
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Quadruplex
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W08I006034S
Ownership Short Sale - No,Private Owned
Assessment Amount $240
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Berkshire Hathaway HomeServices Kee Realty Clinton