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  • Overview

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  • Sales & tax history

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Off market

Buy a multi-family propertyat 12365 GRIGGS, Detroit, MI 48204

$94,900

$0/mo

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Multifamily

2,050 Sq. Ft.

3,920 Sq. Ft. lot

578 Days on market

60146917 MLS ID

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About 12365 GRIGGS multi-family property

**INVESTORS** Add this performing 2-family property to your rental portfolio or let it be the cornerstone if this is your first property! The property features 2 spacious units, each with 2 bedrooms, living room, dining room, kitchen, and full bathroom. 1 unit is occupied with a tenant that pays $600/month and the other is vacant, ready for you to place your own tenant at current market rates of $800-850/month. The property features newer furnaces and HWTs, an updated kitchen & bathroom in the lower unit, hardwood floors throughout, updated circuit breaker panels with romex wiring, some updated PVC drain pipe, PEX supply plumbing, and vinyl siding around the 1st floor unit. The property is also located just north of Grand River Avenue, one of the major thoroughfares in the city of Detroit and one that has seen considerable investment and development in the last few years!
**INVESTORS** Add this performing 2-family property to your rental portfolio or let it be the cornerstone if this is your first property! The property features 2 spacious units, each with 2 bedrooms, living room, dining room, kitchen, and full bathroom. 1 unit is occupied with a tenant that pays $600/month and the other is vacant, ready for you to place your own tenant at current market rates of $800-850/month. The property features newer furnaces and HWTs, an updated kitchen & bathroom in the lower unit, hardwood floors throughout, updated circuit breaker panels with romex wiring, some updated PVC drain pipe, PEX supply plumbing, and vinyl siding around the 1st floor unit. The property is also located just north of Grand River Avenue, one of the major thoroughfares in the city of Detroit and one that has seen considerable investment and development in the last few years!

Property details

Property Access

Paved Street

Basement

Block

Bathrooms

2 full bathrooms

House

2,050 square feet

2 total units

Built in 1924

Style: 2 Story

Community

Laundry Facility

Exterior Features

Brick

Porch

Foundation

Basement

Water

Gas

Public Water

Heating

Natural Gas

Forced Air

Listing

Originating MLS: RealComp

Sale/rent: For Sale

Location

Area: Detroit (82001)

County: Wayne

Cross street: S of 96, E of Meyers Rd

Subdivision: COON FREDERICK SUB

Lot

Lot size: 35.00 x 108.00

0.09 acres

Parking

Unassigned/General

On Street

Property

Residential

Schools

School district: Detroit City School District

Sewer

Public Sanitary

Taxes

Total amount: $987

Monthly cost

Estimated monthly cost

$666/mo

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

Sale and tax history

Sales history

Date

Jul 17, 2019

Price

$85,000

DatePrice
Jul 17, 2019$85,000

Schools

This home is within the Detroit Public Schools Community District.

Detroit & Dearborn 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$89,206

+$2,847

$92,053

Seller agent commission$2,847 (3%)*

$0 (0%)

Buyer agent commission$2,847 (3%)*

$2,847 (3%)*

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

Get $2,847 more selling your home
with an Unreal Estate agent

Start free MLS listing
View related pages

State

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Unreal Estate checked: Apr 26, 2024 at 3:03 p.m.

Data updated: Nov 25, 2022 at 6:59 a.m.

Courtesy of RE/MAX Leading Edge.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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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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