$525,000 For Sale

638 Seward Street
Detroit, MI 48202

Multi Family Home
8712 sq ft lot - MLS# 20251042119
Property Photo
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Description

Welcome to New Center! Great opportunity to pick up a 4-unit where Henry Ford, the Detroit Pistons and Michigan State University have announced a multi BILLION dollar development plan. Currently two units are occupied and two are vacant. The property has a large back parking lot as well. All units have separate gas and electric meters. Tons of rent potential in this area with the prospect of appreciation to match.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Wayne County
  • Zip Code: 48202
  • Year Built: 1909
  • School District: Detroit
  • Basement: Yes
  • Lot Size: 8712 sq ft lot
  • Construction Materials: Brick
  • Directions: S of West Philadelphia / E of Woodward
  • Gross Income: 72000
  • Heat Source: Natural Gas
  • Heating: Forced Air
  • Lot Size Area: 0.2
  • Lot Size Square Feet: 8712
  • Lot Size Units: Acres
  • MLS Area Major: Wayne County - 100
  • MLS Area Minor: Wayne County - 100
  • Main Type: Multi Family
  • Parcel Number: W04I001863S
  • Road Frontage: 50
  • SEV: 283200
  • Street Type: Paved
  • Tax Annual Amount: 14665
  • Tax Legal Description: N SEWARD 3 BLK 5 BECKS SUB L4 P59 PLATS, W C R 4/78 50 X 175.22
  • Total Approx Sq Ft All Bldgs: 4327
  • Total Num Units: 4
  • Water Source: Public
Courtesy of Joseph Hammel, Keller Williams Somerset
Source: Michigan Regional Information Center (MichRIC)
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