5733 Lakewood Street Detroit, MI ^$ 155,000

5733 Lakewood Street

^$ 155,000

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5733 Lakewood Street

Detroit, MI, 48213

^$ 155,000

Studio Baths0.0 Sq 2,000

Monthly Estimate*

^$ 1,030

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Studio

Multi-Family Home for sale in Detroit, MI

for $155,000. This 2,000 square foot home was built in 1929 on a lot size of 0.1.

INVESTMENT OPPORTUNITY!!This beautifully updated two family flat on Detroit's eastside is ready for its new owners. Both units are freshly painted with each unit including living room, dining room, kitchen, bathroom with two bedrooms each. Separate heating system for both units. Fenced in yard with private wood fencing. Lower unit include stainless steel appliances (refrigerator, stove, dishwasher, over the range microwave) and separate washer and dryer in the basement, rear deck leading from main bedroom and c/a unit, rented for $1,000.00 Upper unit includes refrigerator, stove, ceiling fans and built in 25,000 btu window air conditioning unit with separate washer and dryer in basement which is being rented for $950.00. DO NOT DISTURB TENANTS. DO NOT APPROACH TENANTS.

Multi-Family Active

Price

^$ 155,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,108

Style

Lot Size

0.1

Year Built

1929

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

70400025

Features

General

Heating Forced Air Radiant

Possession Subject To Tenant Rights

Water Public Water

Status Active Active

Year Built 1929

County Wayne

Class MULTIFAMILY

Type Multi-Family

Municipality Detroit

Subdivision MI

Area Detroit (82001)

Primary City Detroit

Directions Exit Edsel Ford Freeway make right turn right to Linville turn left on Lakewood

City Detroit

School District Detroit City School District

Street Name Lakewood

Financial Terms Cash Conventional FHA

Legal Description W LAKEWOOD 172 WERNERS PARK SUB L43 P1 PLATS W C R 21/621 40 X 107

DOM 52

Postal Code 48213

Price Per Sq Ft Total 77.5

Coming Soon INVESTMENT OPPORTUNITY!!This beautifully updated two family flat on Detroit's eastside is ready for its new owners. Both units are freshly painted with each unit including living room dining room

Exterior

Exterior Brick Other Vinyl Siding

Frontage 40

Lot Size Area 0.1

Lot Dimensions 40 x 107

Roads City/County

Waterfront Y/N No

Interior

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Wanda Norris

Listing Agent

Distinct Asset Management

Broker

wdnorris@distinctassetmanagement.org

Affordability Calculator

$1,123

Per Month

Monthly Principal & Interest: $1,030
Monthly Property Taxes: $92
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$226,911

Percent of Sale Price 46%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2024	$155,000		Listed Price

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5733 Lakewood Street, Detroit, MI, 48213 is a Multi-Family Home for sale at $155,000 with 2,000 sqft and a lot size of 0.1. 5733 Lakewood Street is a studio with 0.0 baths and was built in 1929. The property's zip code is 48213 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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5733 Lakewood Street

Multi-Family Home for sale in Detroit, MI

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