Detroit, MI 48206 3103,2748-2750 WEBB Street
Detroit, MI 48206 3103,2748-2750 WEBB Street
Detroit, MI 48206 3103,2748-2750 WEBB Street
Detroit, MI 48206 3103,2748-2750 WEBB Street
Detroit, MI 48206 3103,2748-2750 WEBB Street
Detroit, MI 48206 3103,2748-2750 WEBB Street
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$110,000

$119,900

8.3%
Est.Price: ?

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Est. payment /mo

2 Baths

3,528 SqFt


SOLD DATE : 01/16/2025

Key Details

Sold Price $110,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,528 sqft

Price per Sqft $31

MLS Listing ID 60348546

Sold Date 01/16/25

Style 2 Story

Full Baths 2

Year Built 1923

Annual Tax Amount $1,563

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 66.00 x 123.00

Property Description

This spacious 5-bed, 2-bath multi-family home with a garage offers incredible potential for the savvy investor. While the home features dated windows, furnace, and hot water system, and requires updates to the knob and tube wiring, there are no structural issues. The roof, only 5 years old, adds significant value. The property has an After Repair Value (ARV) of $200K, making it a strong investment with mainly cosmetic and electrical updates needed. The flexible layout includes two kitchens, making it ideal for a multi-family setup. Located in Detroit's historic Dexter-Linwood neighborhood, right off Dexter Ave, this home is close to the Boston-Edison Historic District, New Center, the Detroit Golf Club, and major roadways like the John C. Lodge Freeway and Livernois Avenue, providing quick access to downtown Detroit. Don’t miss this fantastic investment opportunity! FOR SALE ON ASSIGNMENT ONLY. Title is clear with Title Inc, warranty deed transfer. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including: transfer taxes, title insurance, closing fees. Any water or taxes owed will be paid at closing by the seller. Sold AS IS - BATVAI to verify all information listed. This property is being sold as-is for the current list price. However, please ask the seller's agent for details about possible renovations that the seller is willing to do if the cost of the renovations is added to the purchase price.

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Poured

Interior

Heating Forced Air, Hot Water

Fireplace No

Exterior

Exterior Feature Brick

Amenities Available Laundry Facility

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Assessment Amount $340

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Wise Property Buyers
Bought with LPS
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