$95,000
Pending

616 Belmont Street

Detroit, MI 48202
Browse 16 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

This 2 Family Flat is YOURS TO DESIGN from the inside and out, whichever way your heart desires. Welcome to 616 + 618 BELMONT STREET located just a hop skip and a jump from DOWNTOWN DETROIT which takes you just about 11 Minutes when driving. This properties potential has yet to be touched! With comparable property selling for upwards of $350K, THE ROI IS UNMATCHED. Ever heard of house hacking? With this property you can live in one unit, and rent out the other in no time with rental amounts for 3 bedroom units renting out for upwards of $1,300/MONTH you can live RENT FREE all while staying close to the latest happenings. Do not miss this opportunity before it is gone. Start building your portfolio today!**PURCHASER MUST ASSUME DLBA COMPLIANCE, BUY USING CASH, AND RECEIVE A QCD FOR TITLE**

  • Interior Details
      • HeatingNo Heat
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1915
  • Community and Neighborhood Details
      • School DistrictDetroit
      • RegionDetroit
      • CountyWayne
  • Financial Details
      • Original List Price$95,000
  • Other
      • MLS #81024028968

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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