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2722 WEBB Street Detroit, MI 48206
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Key Details
Sold Price $115,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,886 sqft
Price per Sqft $29
Subdivision Webb Avenue Sub (Plats)
MLS Listing ID 2220014337
Sold Date 05/27/22
Style Duplex
Bedrooms 2
Full Baths 4
Half Baths 1
Originating Board Realcomp II Ltd
Year Built 1935
Annual Tax Amount $2,493
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40.00X123.00
Property Description
BEAUTIFUL upper and lower duplicate currently tenant at $1400 per month ($650 lower unit and $750 upper unit). This allows for a $11,877 NOI annually, after taxes, insurance and management fees and an ROI at 11.9%. Cove ceilings, large rooms all on great block. Close to shopping, schools, parks and public transportation. This is a must see but no showings without an accepted offer first. Please do not disturb tenants.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family
Direction S of Davison / W of Linwood
Rooms
Basement Private
Interior
Interior Features High Spd Internet Avail, Cable Available
Hot Water Natural Gas
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Chimney Cap(s), Lighting
Roof Type Asphalt
Road Frontage Paved, Pub. Sidewalk
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Architectural Style Duplex
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W10I003219S
Ownership Short Sale - No,Private Owned
Assessment Amount $340
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with EXP Realty LLC