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Buy a multi-family propertyat 638 SEWARD, Detroit, MI 48202

$570,000

$0/mo

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Multifamily

4,327 Sq. Ft.

8,712 Sq. Ft. lot

289 Days on market

60239308 MLS ID

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About 638 SEWARD multi-family property

Great opportunity to pick up a 4-unit in New Center where Henry Ford, the Detroit Pistons and Michigan State University announced a $2.5 BILLION dollar development plan this year . Currently two units are occupied and two are vacant. Tons of rent potential in this area with the prospect of appreciation to match.
Great opportunity to pick up a 4-unit in New Center where Henry Ford, the Detroit Pistons and Michigan State University announced a $2.5 BILLION dollar development plan this year . Currently two units are occupied and two are vacant. Tons of rent potential in this area with the prospect of appreciation to match.

Property details

Property Access

Paved Street

Bathrooms

4 full bathrooms

Building

4,327 square feet

4 total units

Built in 1909

Style: 2 Story

Colonial

Exterior Features

Brick

Foundation

Basement

Water Features

Public Water

Heating

Natural Gas

Forced Air

Listing

Originating MLS: RealComp

Sale/rent: For Sale

Location

Area: Detroit (82001)

County: Wayne

Cross street: Seward Ave & 2nd Ave

Subdivision: BECKS SUB (PLATS)

Lot

Lot size: 50.00 x 175.00

0.2 acres

Property

Multi-Family

Schools

School district: Detroit City School District

Sewer

Public Sanitary

Taxes

Total amount: $7,590

Unit Five

Bedroom 2 width: 50

Monthly cost

Estimated monthly cost

$4,003/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Aug 24, 2021

Price

$550,000

Date

Dec 19, 2016

Price

$220,000

DatePrice
Aug 24, 2021$550,000
Dec 19, 2016$220,000

Schools

This home is within the Detroit Public Schools Community District.

Detroit enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$535,800

+$17,100

$552,900

Seller agent commission$17,100 (3%)*

$0 (0%)

Buyer agent commission$17,100 (3%)*

$17,100 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $17,100 more selling your home
with an Unreal Estate agent

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State

  • Land for sale in Michigan
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  • Real Estate in Michigan

Unreal Estate checked: May 5, 2024 at 6:41 a.m.

Data updated: Jul 28, 2023 at 1:58 p.m.

Courtesy of Keller Williams Somerset.
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.

Copyright 2014 MiRealSource. All rights reserved. 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.
Listing Information © 2024 MiRealSource Inc. All Rights Reserved.

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