3807 Clairmount Ave Detroit, MI 48206
- Residential income homes
- 2,548 SF
Current Use by Public Records
- Residential income homes
Property Details for 3807 Clairmount Ave
- Year built
- 1919
- Property size
- 2,548 SF
- Property type
- Residential income homes
Description
This exceptional multifamily investment property, located at 3807 Clairmount Ave, Detroit, MI 48206, presents a compelling opportunity for savvy investors. The property, built in 1919, comprises two units within a two-story building, offering a combined 2,548 square feet of living space situated on a 3,485 square foot lot. The asking price is $40,000, translating to $15.70 per square foot and $20,000 per unit. This represents an affordable entry point into the Detroit real estate market, offering significant potential for appreciation. The property's location in a desirable Detroit suburb provides convenient access to city amenities while appealing to tenants seeking suburban living. The property is designed to generate consistent rental income, making it an attractive addition to any investment portfolio. Note that this sale is subject to land bank terms, which may offer additional incentives and benefits to the buyer. The Wayne County property features APN 14003307. This is a rare chance to acquire a well-positioned, income-producing asset at a highly competitive price. Don't miss this chance to expand your investment portfolio with this promising multifamily property.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1188
- Latitude
- 42.3686