3408 MARTIN Street Detroit, MI ^$ 138,900

3408 MARTIN Street

^$ 138,900

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3408 MARTIN Street

Detroit, MI, 48210

^$ 138,900

Studio Baths2.0 Sq 1,700

Monthly Estimate*

^$ 923

3408 MARTIN Street, Detroit, MI 48210 - Image 1

Studio

Multi-Family Home for sale in Detroit, MI

for $138,900 with 2 full baths. This 1,700 square foot home was built in 1918 on a lot size of 0.07.

2 UNITS _ -------NO INTEREST LAND CONTRACT AVAILABLE: 2 Units FOR SALE already collecting 1400 per month in Southwest Detroit just south of Michigan Avenue down the street from Cesar Chavez Elementary just minutes from Downtown Detroit near all the best shops and restaurants. Both units have been rehabbed prior to tenants move in. Studio unit with full bath and basement - 3 Bedroom has huge upper flat, 2 entry floor bedrooms, full bath and basement. This home would be perfect for an investor looking to purchase an investment home already collect monthly rental income! Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

Multi-Family Active

Price

^$ 138,900

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 722

Style

Lot Size

0.07

Year Built

1918

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60208705

Features

General

Interior Features Cable/Internet Avail.

Heating Hot Water

Possession At Close

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1918

Subdivision RICHMONDS ELMER L MI

Water Heater Gas

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 13000

Percent Ownership Private

Municipality Detroit

Zoning Residential

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Just south of Michigan avenue and Cesar Chavez Academy in Southwest Detroit

City Detroit

School District Detroit City School District

Street Name MARTIN

Financial Terms Cash Conventional

Legal Description E MARTIN 7 ELMER L RICHMONDS SUB L31 P31 PLATS W C R 18/186 30 X 102

DOM 395

Postal Code 48210

Price Per Sq Ft Total 81.71

Coming Soon

Interior

Basement Block

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick

Frontage 30

Lot Size Area 0.07

Lot Dimensions 30 x 102

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Rashad Elabed

Listing Agent

Downtown Realty

Broker

rashad@dtrdetroit.com

Affordability Calculator

$983

Per Month

Monthly Principal & Interest: $923
Monthly Property Taxes: $60
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

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 ^$224,738

Percent of Sale Price 62%

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
11/25/2023	$138,900	-0.07%	Price Down
10/28/2023	$139,000	-0.64%	Price Down
9/9/2023	$139,900	-0.07%	Price Down
8/1/2023	$140,000	-3.45%	Price Down
6/13/2023	$145,000	-2.68%	Price Down
5/1/2023	$149,000		Listed Price

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3408 MARTIN Street, Detroit, MI, 48210 is a Multi-Family Home for sale at $138,900 with 1,700 sqft and a lot size of 0.07. 3408 MARTIN Street is a studio with 2.0 baths and was built in 1918. The property's zip code is 48210 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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3408 MARTIN Street

Multi-Family Home for sale in Detroit, MI

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