$305,000 |
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3162 sq ft | 6 Garage | 5 Beds | 3 Baths |
Rare 3-unit multi-family property located in one of the nicest historic neighborhoods in Ohio City. This Detroit Shoreway gem is a stone’s throw from all the amenities within Detroit Shoreway, West 25th, Hingetown, Downtown, and Lake Erie. The property is over 3,000 SF with two 2- bedroom apartments, each with 1 bath, with each apartment totaling approx. 1,200 SF, and a rare third-floor one-bedroom one-bathroom apartment (not an efficiency), totaling approx. 700 SF. The first-floor apartment has just been completely renovated and ready for occupancy. Each apartment has an open floor plan with in-suite laundry, generous sized bedrooms and ample storage. Over—sized lot allows for huge backyard and ample off-street parking. Other highlights include newer HWT, commercial grade roof and transferable Ohio State Water Proofing warranty. This is a high demand location with projected rents for the two bedrooms at $1,400 per month and $850 per month for the one bedroom. Great opportunity for owner occupant or investment. Capitalize on the surrounding multi-million-dollar residential development.