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7442 Hanover Street

Detroit, MI 48206
  • $54,900
  • STATUS: Active
  • ON SITE: 60 Days
  • ID#: 2210079583
Price Reduced
$54,900
  • 0
    BEDS
  • 0.12
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,418
    SQFT
  • $23
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:
Zoning:
Residential
Lot Size Dimensions:
40.00X128.00

School Ratings & Info

School District:

Description

***OPPORTUNITY*** This La Salle Gardens brick 2-unit multifamily would be a perfect addition to a rental portfolio or could be a great fix-n-flip opportunity for a savvy investor! With properties selling for 200K+ and multi-family units renting for $1,300+ in La Salle Gardens, it is tough to go wrong. The property does require a full rehab, but is already set up for forced air furnaces, so no changeover from a boiler is needed. Located on a quiet street that has already seen significant progress with its revival and renaissance! The property is also only a few short blocks away from Henry Ford Hospital and New Center, with attractions such as the Motown Museum, Oak & Reel, Northern Lights, Yumvillage, Zo's Good Burger, The Congregation, located within minutes by bike or car!

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The BK Agency are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-11-27T23:55:45.497.
www.thebkagency.com/homes/121875060
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7442 Hanover Street Detroit, MI 48206

  • Price: $54,900
  • Status: Active
  • On Site: 60 Days
  • ID#: 2210079583
0
Beds
2
Baths
0
½ Baths
0.12
Acres
2,418
SQFT
$23
$/SQFT
1925
Built
Neighborhood:
Osborn & Mc Callums
County:
Wayne
Area:
Det: Livernois-i75 6-gd River
School District:
DETROIT
Property Description
***OPPORTUNITY*** This La Salle Gardens brick 2-unit multifamily would be a perfect addition to a rental portfolio or could be a great fix-n-flip opportunity for a savvy investor! With properties selling for 200K+ and multi-family units renting for $1,300+ in La Salle Gardens, it is tough to go wrong. The property does require a full rehab, but is already set up for forced air furnaces, so no changeover from a boiler is needed. Located on a quiet street that has already seen significant progress with its revival and renaissance! The property is also only a few short blocks away from Henry Ford Hospital and New Center, with attractions such as the Motown Museum, Oak & Reel, Northern Lights, Yumvillage, Zo's Good Burger, The Congregation, located within minutes by bike or car!
Exterior Features

Architecture Level 2 Story Architecture Style ColonialUpper/Lower Apartment Construction Materials Brick Foundation Details Basement Foundation Materials Brick Lot Size Dimensions 40.00X128.00 Multifamily Parking GaragesOn Street Pool YN No Porch Type Porch Road Frontage Feet 40 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

Interior Features

Basement Type Interior Access OnlyUnfinished Basement YN Yes Baths Total 2.00 Heating Forced Air Heating Fuel Natural Gas Living Area Source Public Records Room Count 0 Sq Ft Combined 2418 Sq Ft Total Basement 1200 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 2 Water Heater Fuel Natural Gas

Property Features

Assessment 0 Down Payment Resource YN Yes Encroachment YN No Exclusions YN No Existing Lease YN No Gross Scheduled Income 0.00 Income Projection Actual Inventory List YN No Land Contract YN No Legal Rental Certified YN No Listing Financing Cash Monthly Rental Income 0 Net Operating Income 0.00 Number Of Units Leased 0 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN Yes Pets Allowed Yes Postal City Detroit Protection Period 3 Months Restrictions YN No Settlement City Sewer Sewer At StreetSewer-Sanitary Short Sale No Tax Amount Summer 977.0000 Tax Amount Winter 76.0000 Title Private - Owned Total Tax 1053.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 7442 HANOVER ST Water Source Municipal WaterWater At Street Zoning Residential

IDX provided courtesy of Realcomp II Ltd., via Re/Max Leading Edge and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The BK Agency are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-11-27T23:55:45.497.
 
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The BK Agency
18421 James Couzens
Detroit MI, 48235