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Listed price in listed location currency (USD).
$38,000
$49,900

020

MLS® 20230040932

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2750 sqft
Garage Yes
Taxes $1,629
Lot Size 0.1 acres
Approx. Age 1925
Avg. Price Per Sqft $18
MLS® Number 20230040932

Property Address: 3239 Cortland St, Detroit, MI, 48206-1031

Average square foot calculated using Size range provided by listing agent.

Description

**INVESTORS** This massive brick 2-family property is your chance to get into the up-n-coming Dexter-Linwood neighborhood for under 50K! The property features 2 units that each have a huge living room, dining room, 3 generous bedrooms, a full bathroom, a kitchen, and a breakfast nook, as well as a huge shared basement. The property does require a full rehab, but the hardwood floors are potentially salvageable and the structure of the property appears to be sound. With rents going for between $900-1, 100/month per unit and comparable sales in the 180-200K range, there is plenty of opportunity for you to turn this into a cash-flow machine! The property is located on the first block east of Dexter, which has a streetscape renovation planned out and will begin construction in the near future, with plans to demolish blighted buildings, improve the streetscape, and encourage new businesses to move in!
MLS® Number20230040932
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1
Exterior
GarageYes
Approx. Age1925
BasementUnfinished
DrivewayOne Car Garage
Garage Spaces1
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

Jul 24, 2023End Date
$38,000Sold Price

Sold

Jul 28, 2024List Date
$49,900List Price
  • Commute

Commute

Starting Address
Destination Address
3239 Cortland St, Detroit, MI

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