4631 Meldrum Street, Detroit, MI 48207 - MLS#20240081804

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Jason Miller

jason@millerteamrealtors.com +1(248) 444-8774

$50,000

Est. payment - /mo

4 Beds

2 Baths

2,282 SqFt

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UPDATED:

11/02/2024 02:31 AM

Key Details

Property Type Single Family Home

Sub Type Colonial

Listing Status Active

Purchase Type For Sale

Square Footage 2,282 sqft

Price per Sqft $21

Subdivision More Than One Subdivision Involved

MLS Listing ID 20240081804

Style Colonial

Bedrooms 4

Full Baths 2

HOA Y/N no

Originating Board Realcomp II Ltd

Year Built 1905

Annual Tax Amount $526

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 30.00 x 200.00

Property Description

****Buy and hold, investor special, also Land Contract available***

Great opportunity in a booming neighborhood. Occupancy status is unknown to the seller. ARV of 240,000.

"12.5 million was awarded to Detroit from USDOT and the state of Michigan to make the Gratiot corridor from 8 Mile Road to Downtown Detroit safer. - Sep 25, 2024."

Land Cntrt Price: 60,000 / Land DWP: 30,000 / Land Int Rate: 0 / Land Payment: 1,000 / Land Cntrt Term: 30.

This is part of a package deal or can be purchased separately. Other 2 from the package are 19662 Mitchell St, Detroit, and 18036 Mackay St, Detroit (Mackay St went under contract within a day). 2 remaining properties can be purchased as a package deal for 75,000 cash or on a Land Contract for 85,000 w/ 45,000 down and 2,000 a month for 20 months. Total ARV for the remaining 2 is 300,000 plus.

Location

State MI

County Wayne

Area Det: 6-Mack I75-Conner

Direction Gratiot Ave / Mt Elliott St

Rooms

Basement Unfinished

Interior

Heating Hot Water

Fireplace no

Heat Source Natural Gas

Exterior

Garage Detached

Garage Description 1 Car

Waterfront no

Road Frontage Paved

Garage yes

Building

Foundation Basement

Sewer Sewer at Street

Water Water at Street

Architectural Style Colonial

Warranty No

Level or Stories 2 Story

Structure Type Aluminum

Schools

School District Detroit

Others

Tax ID W15I013668S

Ownership Short Sale - No,Private Owned

Assessment Amount $240

Acceptable Financing Cash, Contract

Listing Terms Cash, Contract

Financing Cash,Contract

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Listed by Hasnat Khan of IKONIK REALTY

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Jason Miller

+1(248) 444-8774

Broker | Brerms:277398

Broker Brerms:277398

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