4268 CORTLAND Street Detroit, MI ^$ 155,000

4268 CORTLAND Street

^$ 155,000

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4268 CORTLAND Street

Detroit, MI, 48204

^$ 155,000

Studio Baths2.0 Sq 1,924

Monthly Estimate*

^$ 1,030

4268 CORTLAND Street, Detroit, MI 48204 - Image 1

4268 CORTLAND Street, Detroit, MI 48204 - Image 2

4268 CORTLAND Street, Detroit, MI 48204 - Image 3

4268 CORTLAND Street, Detroit, MI 48204 - Image 4

4268 CORTLAND Street, Detroit, MI 48204 - Image 5

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4268 CORTLAND Street, Detroit, MI 48204 - Image 9

Studio

Multi-Family Home for sale in Detroit, MI

for $155,000 with 2 full baths. This 1,924 square foot home was built in 1948 on a lot size of 0.09.

Grab it while you can ! Solid and updated rental property with one section 8 tenant and a vacant unit to fill! Split basement, separate meters and mechanicals, capital improvements less than 5 years old, maintenance free exterior, new water lines, large driveway and excellent location for both attracting tenants and equity potential. Hardwood floors ceramic tile baths and updated kitchens. This property has been professionally managed and maintained.

Multi-Family Active

Price

^$ 155,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,019

Style

Cape Cod

Lot Size

0.09

Year Built

1948

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60299702

Features

General

Heating Forced Air

Possession At Close

Water Public Water at Street

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1948

Subdivision RUSSELL WOODS (PLATS) MI

Water Heater Gas

Style Cape Cod

County Wayne

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality Detroit

Zoning Multi-Family

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Cortland three blocks west of Dexter

City Detroit

School District Detroit City School District

Street Name CORTLAND

Financial Terms Cash Conventional

Legal Description Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2023. N CORTLAND 367 RUSSELL WOODS SUB L34 P3 PLATS W C R 14/195 35 X 110

DOM 41

Postal Code 48204

Price Per Sq Ft Total 80.56

Coming Soon Grab it while you can ! Solid and updated rental property with one section 8 tenant and a vacant unit to fill! Split basement separate meters and mechanicals

Interior

Basement Block

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick Stone Vinyl Siding

Frontage 35

Lot Size Area 0.09

Lot Dimensions 35.00 x 110.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Heather Dell

Listing Agent

Re/Max Leading Edge

Broker

HEATHERMDELL@GMAIL.COM

Affordability Calculator

$1,282

Per Month

Monthly Principal & Interest: $1,030
Monthly Property Taxes: $252
Monthly Home Insurance: --

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Interest Rate

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Yearly 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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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$224,991

Percent of Sale Price 45%

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
5/20/2024	$155,000	-3.13%	Price Down
4/11/2024	$160,000		Listed Price

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4268 CORTLAND Street, Detroit, MI, 48204 is a Multi-Family Home for sale at $155,000 with 1,924 sqft and a lot size of 0.09. 4268 CORTLAND Street is a studio with 2.0 baths and was built in 1948. The property's zip code is 48204 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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4268 CORTLAND Street

Multi-Family Home for sale in Detroit, MI

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