Detroit, MI 48208,4766 COMMONWEALTH Street
$915,000
$999,999
8.5%
Est.Price: ?

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7 BD
8 BA
7,264 SqFt

4766 COMMONWEALTH Street Detroit, MI 48208

Est. payment /mo
SOLD DATE : 10/24/2023

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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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Realcomp MLS
Listed by Dorothy Ohara Blizard of Global Real Estate Consulting
Bought with Berkshire Hathaway HomeServices Kee Realty Clinton

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agent

Dylan Tanaka

Broker Associate | License ID: 6506046373

+1(248) 609-3030

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