Detroit Multifamily Investment
4824 CORTLAND Street, Detroit, MI 48204
MULTI_FAMILY - Colonial - Detroit, MI
Property size:
2,406 SFLot size:
0.09 AcresPrice / SF:
$6/SF- Added:
- Nov 4, 2024
- Days on Market:
- 570
- Last Refresh:
- May 28 at 3:06 am
Property Features for 4824 CORTLAND Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2, Basement
- Parking
- 1
- Pets allowed
- Yes
- Standard status
- Active
- APN
- W14I004583S
- Size
- 2,406 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Description
- N CORTLAND 515 RUSSELL WOODS SUB L34 P3 PLATS, W C R 14/195 35 X 110
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1926
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Colonial
Listing agent Erick Monzo (586) 541-4000
Listing office Keller Williams Realty-Great Lakes 28220 Harper, St. Clair Shores, MI (586) 541-4000
Listing date Nov 4, 2024
MLS# 20240079043
Listing URL
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HighLights
- Multifamily home with two spacious units, offering an investment opportunity.
- Brick construction and Colonial architectural style.
- Potential for income generation through restoration and revitalization.
- Located in Detroit.
- Includes a basement.
- Built in 1926.
Overview
This multifamily home, located in Detroit, Michigan, features two spacious units, presenting an investment opportunity. With a property size of 2406 square feet and situated on a lot of approximately 0.09 acres, this residential property is zoned for residential use. This colonial-style home is being sold as is, offering the potential for restoration and revitalization. The Detroit Land Bank is offering this property, noting they are entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. The Detroit Land Bank will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.137257
- Latitude
- 42.379823
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Multifamily home with two spacious units, great investment opportunity.
Where is this duplex located?
The property is located at 4824 CORTLAND Street Detroit, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Multifamily home with two spacious units, offering an investment opportunity.; Brick construction and Colonial architectural style.; Potential for income generation through restoration and revitalization.
