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20035 SCHOENHERR Street Detroit, MI 48205
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Key Details
Sold Price $90,000
Property Type Multi-Family
Sub Type Upper/Lower Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 1,456 sqft
Price per Sqft $61
Subdivision Feldman & Feldman Palomar Park
MLS Listing ID 20240069848
Style Upper/Lower Apartment
Bedrooms 2
Full Baths 2
Year Built 1956
Annual Tax Amount $1,565
Lot Size 5,227 Sqft
Property Sub-Type Upper/Lower Apartment
Property Description
This multifamily property presents a fantastic investment opportunity, currently featuring one unit rented for $500 below market value. Its prime location and potential for increased rental income offers immediate cash flow and significant upside for savvy investors. The well-maintained units boast desirable amenities and are situated in a thriving neighborhood, making it an attractive choice for both current and future tenants. Don't miss the chance to capitalize on this exceptional value!
Location
State MI
County Wayne
Area Det 8 To Gratiot/Houston To 7
Zoning Multi-Family
Interior
Heating Forced Air
Exterior
Garage Spaces 2.0
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $340
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
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