2987 GLADSTONE Street Detroit, MI ^$ 195,000

2987 GLADSTONE Street

^$ 195,000

Back to search

2987 GLADSTONE Street

Detroit, MI, 48206

^$ 195,000

Studio Baths34.0 Sq 28,696

Monthly Estimate*

^$ 1,362

2987 GLADSTONE Street, Detroit, MI 48206 - Image 1

2987 GLADSTONE Street, Detroit, MI 48206 - Image 2

2987 GLADSTONE Street, Detroit, MI 48206 - Image 3

2987 GLADSTONE Street, Detroit, MI 48206 - Image 4

2987 GLADSTONE Street, Detroit, MI 48206 - Image 5

2987 GLADSTONE Street, Detroit, MI 48206 - Image 6

2987 GLADSTONE Street, Detroit, MI 48206 - Image 7

2987 GLADSTONE Street, Detroit, MI 48206 - Image 8

2987 GLADSTONE Street, Detroit, MI 48206 - Image 9

2987 GLADSTONE Street, Detroit, MI 48206 - Image 10

2987 GLADSTONE Street, Detroit, MI 48206 - Image 11

2987 GLADSTONE Street, Detroit, MI 48206 - Image 12

2987 GLADSTONE Street, Detroit, MI 48206 - Image 13

2987 GLADSTONE Street, Detroit, MI 48206 - Image 14

2987 GLADSTONE Street, Detroit, MI 48206 - Image 15

2987 GLADSTONE Street, Detroit, MI 48206 - Image 16

2987 GLADSTONE Street, Detroit, MI 48206 - Image 17

Studio

Multi-Family Home for sale in Detroit, MI

for $195,000 with 34 full baths. This 28,696 square foot home was built in 1925 on a lot size of 0.29.

Rare opportunity to own a 34 unit apartment building on Detroit's West Side in the Jamison Neighborhood. Surrounded by Wildemere Park, Boston Edison, Henry Ford Hospital, New Center, etc. Short ride to The Downtown and Midtown area. Features 26 one bed units, 4 two bed units and 4 three bed units. Potential to acquire more lots and land surrounding the building and on the block through the city. All showings will be accompanied by listing broker. BUYER TO PAY $495 PROCESSING FEE TO LISTING BROKER.

Multi-Family Active

Price

^$ 195,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 346

Style

Lot Size

0.29

Year Built

1925

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60288753

Features

General

Heating Radiant

Possession At Close

Water Public Water

Status Active Accepting Backup Offers

Full Baths 34

Half Baths 0

Bathrooms 34

Year Built 1925

Subdivision WM HOLMES SUB MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality Detroit

Zoning Commercial

Area Detroit (82001)

Primary City Detroit

Directions South of Joy Rd and in-between Dexter and Linwood

City Detroit

School District Detroit City School District

Street Name GLADSTONE

Financial Terms Cash

Legal Description S GLADSTONE 175-178 WILLIAM HOLMES SUB L18 P18 PLATS W C R 12/184 120 X 106

DOM 93

Postal Code 48206

Price Per Sq Ft Total 6.8

Coming Soon Rare opportunity to own a 34 unit apartment building on Detroit's West Side in the Jamison Neighborhood. Surrounded by Wildemere Park Boston Edison Henry Ford Hospital New Center

Exterior

Exterior Brick

Frontage 120

Lot Size Area 0.29

Lot Dimensions 120.00 x 106.00

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 34

Fuel Type Natural Gas

* Excluded Features

List By

Mikhail Grigoryan

Listing Agent

Detroit Progress Realty Llc

Broker

mike@detroitprogress.com

Affordability Calculator

$1,391

Per Month

Monthly Principal & Interest: $1,362
Monthly Property Taxes: $29
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$223,795

Percent of Sale Price 15%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/19/2024	$195,000		Listed Price

Map

More homes like this one

homes for you

See all

2987 GLADSTONE Street, Detroit, MI, 48206 is a Multi-Family Home for sale at $195,000 with 28,696 sqft and a lot size of 0.29. 2987 GLADSTONE Street is a studio with 34.0 baths and was built in 1925. The property's zip code is 48206 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

2987 GLADSTONE Street

Multi-Family Home for sale in Detroit, MI

Affordability Calculator

Map

More homes like this one

Get more info about this home