$299,500
For Sale

2296 W BUENA VISTA STREET

Detroit, MI 48238
4184 sqft | 4 baths | #20240054762
Browse 41 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

WELCOME TO 2296 W BUENA VISTA, DETROIT, MI – AN INCREDIBLE INVESTMENT OPPORTUNITY IN THE HEART OF THE CITY! THIS 4-UNIT MULTIFAMILY HOME FEATURES 2 GENEROUS SIZED BEDROOMS AND 1 BATHROOM IN EACH UNIT. IMAGINE THE POTENTIAL FOR PASSIVE INCOME WITH
2 UNITS CURRENTLY RENTED FOR $1150 EACH/ $2300 TOTAL PER MONTH. ESTIMATED $4600+ PER MONTH ONCE AT 100% OCCUPANCY. THIS PROPERTY IS A SAVVY INVESTOR'S DREAM, PROVIDING AN EXCELLENT RETURN ON INVESTMENT. THIS MULTIFAMILY GEM IS NOT JUST ABOUT NUMBERS; IT'S ABOUT LIFESTYLE TOO. THE STRATEGIC LOCATION PUTS YOU JUST 7 MINUTES AWAY FROM DOWNTOWN DETROIT, MAKING IT AN IDEAL CHOICE FOR THOSE WHO VALUE CONVENIENCE AND ACCESSIBILITY. SITUATED RIGHT OFF THE FREEWAY, COMMUTING BECOMES A BREEZE, OFFERING EASY ACCESS TO ALL THAT THE CITY HAS TO OFFER. ONE OF THE UNIQUE FEATURES OF THIS PROPERTY IS ITS SUITABILITY FOR HOUSE HACKING. LIVE IN ONE UNIT AND LET THE OTHER THREE UNITS CONTRIBUTE TO YOUR MORTGAGE OR PROVIDE A STEADY STREAM OF RENTAL INCOME. IT'S A SMART WAY TO MAKE YOUR HOUSING EXPENSES WORK FOR YOU. THE PROPERTY HAS UNDERGONE EXTENSIVE RENOVATIONS. UPGRADES INCLUDE NEW ROOF, WINDOWS, PLUMBING, DRYWALL, HEATING, DUCT WORK, AS WELL AS ELECTRICAL IMPROVEMENTS. THE INTERIOR BOASTS BEAUTIFUL FINISHES. DON'T MISS OUT ON THIS FANTASTIC OPPORTUNITY TO INVEST IN A TURNKEY PROPERTY THAT COMBINES MODERN AMENITIES WITH A PRIME LOCATION. WHETHER YOU'RE A SEASONED INVESTOR OR LOOKING TO START YOUR REAL ESTATE JOURNEY, 2296 W BUENA VISTA IS A MUST-SEE. SCHEDULE YOUR VIEWING TODAY AND MAKE YOUR MARK ON THE DETROIT REAL ESTATE SCENE!

  • Interior Details
      • HeatingHot Water, Wall/Floor Furnace
    • Beds & Baths
      • Total Baths4.00
      • Bathrooms4
      • Full Baths4
  • Property Details
      • Square Feet4184
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1925
  • Community and Neighborhood Details
      • ZoningMulti-Family
      • School DistrictDetroit
      • RegionDetroit
      • CountyWayne
  • Financial Details
      • Original List Price$299,500
  • Other
      • MLS #20240054762

Location

Theresa ColemanReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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