616 Belmont Street Detroit, MI ^$ 95,000

616 Belmont Street

^$ 95,000

Back to search

616 Belmont Street

Detroit, MI, 48202

^$ 95,000

Studio Baths0.0 Sq 1,824

Monthly Estimate*

^$ 631

616 Belmont Street, Detroit, MI 48202 - Image 1

616 Belmont Street, Detroit, MI 48202 - Image 2

616 Belmont Street, Detroit, MI 48202 - Image 3

616 Belmont Street, Detroit, MI 48202 - Image 4

616 Belmont Street, Detroit, MI 48202 - Image 5

616 Belmont Street, Detroit, MI 48202 - Image 6

616 Belmont Street, Detroit, MI 48202 - Image 7

616 Belmont Street, Detroit, MI 48202 - Image 8

616 Belmont Street, Detroit, MI 48202 - Image 9

616 Belmont Street, Detroit, MI 48202 - Image 10

616 Belmont Street, Detroit, MI 48202 - Image 11

616 Belmont Street, Detroit, MI 48202 - Image 12

616 Belmont Street, Detroit, MI 48202 - Image 13

616 Belmont Street, Detroit, MI 48202 - Image 14

616 Belmont Street, Detroit, MI 48202 - Image 15

616 Belmont Street, Detroit, MI 48202 - Image 16

616 Belmont Street, Detroit, MI 48202 - Image 17

Studio

Multi-Family Home for sale in Detroit, MI

for $95,000. This 1,824 square foot home was built in 1915 on a lot size of 0.1.

**MULTIPLE OFFERS RECEIVED, HIGHEST & BEST DUE 3/16/2024 AT 2PM.** This 2 Family Flat is YOURS TO DESIGN from the inside and out, whichever way your heart desires. Welcome to 616 + 618 BELMONT STREET located just a hop skip and a jump from DOWNTOWN DETROIT which takes you just about 11 Minutes when driving. This properties potential has yet to be touched! With comparable property selling for upwards of $350K, THE ROI IS UNMATCHED. Ever heard of house hacking? With this property you can live in one unit, and rent out the other in no time with rental amounts for 3 bedroom units renting out for upwards of $1,300/MONTH you can live RENT FREE all while staying close to the latest happenings. Do not miss this opportunity before it is gone. Start building your portfolio today!

Multi-Family Pending

Price

^$ 95,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,598

Style

Lot Size

0.1

Year Built

1915

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

70385761

Features

General

Heating None

Cooling None

Possession At Close

Water Public Water

Status Pending Pending

Year Built 1915

County Wayne

Class MULTIFAMILY

Type Multi-Family

Municipality Detroit

Subdivision MI

Area Detroit (82001)

Primary City Detroit

Directions GPS

City Detroit

School District Detroit City School District

Street Name Belmont

Financial Terms Cash

Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2024. S BELMONT E 35 FT 90 MOORE HODGES & WARRENS L14 P13 PLATS

DOM 68

Postal Code 48202

Price Per Sq Ft Total 52.08

Coming Soon **MULTIPLE OFFERS RECEIVED HIGHEST & BEST DUE 3/16/2024 AT 2PM.** This 2 Family Flat is YOURS TO DESIGN from the inside and out

Exterior

Exterior Brick

Frontage 30

Lot Size Area 0.1

Lot Dimensions 35 x 127

Waterfront Y/N No

Interior

Total Number of Units 2

* Excluded Features

List By

Nathaniel Richards

Listing Agent

Kw Professionals

Broker

nate@mireloteam.com

Affordability Calculator

$765

Per Month

Monthly Principal & Interest: $631
Monthly Property Taxes: $133
Monthly Home Insurance: --

Set your offer price

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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$224,738

Percent of Sale Price 137%

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	$95,000		Listed Price

Map

More homes like this one

homes for you

See all

616 Belmont Street, Detroit, MI, 48202 is a Multi-Family Home for sale at $95,000 with 1,824 sqft and a lot size of 0.1. 616 Belmont Street is a studio with 0.0 baths and was built in 1915. The property's zip code is 48202 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

616 Belmont Street

Multi-Family Home for sale in Detroit, MI

Affordability Calculator

Map

More homes like this one

Get more info about this home