1801 CHURCH Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48216
Key Details
Property Type Multi-Family
Sub Type Duplex,Victorian
Listing Status Active
Purchase Type For Sale
Square Footage 5,300 sqft
Price per Sqft $358
Subdivision Beechers Luther
MLS Listing ID 20240046215
Style Duplex,Victorian
Bedrooms 3
Full Baths 4
Year Built 1915
Annual Tax Amount $944
Lot Size 4,356 Sqft
Property Description
Invest in the hottest neighborhood in Detroit with this beautiful duplex in historic Corktown! Located in the heart of Corktown, steps from Michigan Avenue and a short stroll to Ford Motor Company?s new Mobility Headquarters! Each unit is 1200 SF with 3 bedrooms, 1 bath, and a private front porch! Your tenants will love the charming location nestled among homes with a short walk to restaurants and entertainment. Option to live in one unit and rent the other. Each unit features stairs leading to an attic, offering potential for an additional bedroom. Convert both units to 4 bedrooms and boost your monthly income!
***Note: A single family home is located and included in the sale on the same lot and can be rented for maximum income. See MLS Number?20240045117.*** The SFH is a 2900 SF, 4 Bed/2 Bath built in 1880. Large basement with exit to street level has possible conversion for additional income. For added income, the SFH attic measures a whopping 37? X 15?! Create a unique spacious recreation space/lounge or large grand bedroom with awesome views of downtown Detroit!
One possibility is to convert the single family home to a Bed & Breakfast and rent the Duplex. Numerous rental options exist, such as long term rentals, short term, or a hybrid mix to maximize cash flow while providing income stability. [Prospective buyers are advised to verify local zoning laws & regulations to ensure compliance with conversion requirements.]
Rent immediately or make slight improvements for increased income & long term appreciation. Pro-forma available upon request. Also, an opportunity in the future to spilt the Duplex from the lot and sell separately
Location
State MI
County Wayne
Area Det South Of Grand River
Zoning Multi-Family
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Ceiling Fan(s)
Laundry 1
Exterior
Exterior Feature Chimney Cap(s),Lighting
Waterfront no
Roof Type Asphalt
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Other
Schools
School District Detroit
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional