330 Melbourne St Detroit, MI 48202
- Dormitories
- 3,032 SF
Current Use by Public Records
- Dormitories
Property Details for 330 Melbourne St
- Year built
- 1911
- Property size
- 3,032 SF
- Property type
- Dormitories
- Property subtype
- Student housing
Description
This meticulously restored 3-story, 3,032 sq ft multifamily property in Detroit's North End presents a unique investment opportunity. Built in 1911 and completely renovated in 2024, this charming home boasts 5 bedrooms and 5 full bathrooms, including a primary suite with an ensuite bath. The gourmet kitchen features new cabinets, granite countertops, and stainless steel appliances. Gorgeous wood flooring runs throughout the main living areas, which include a spacious living room, formal dining room with wood-beamed ceilings, and a large foyer. A separate 500 sq ft apartment on the third floor, accessible from both inside and outside, includes a kitchenette, full bath, and living/sleeping area. The finished basement offers an additional bedroom, full bath, new furnace/water tank, and laundry hookups. Exterior features include a new roof, new windows, new central air conditioning, a fenced yard with a 6-foot privacy fence, and a transferable alarm system. A detached two-car brick garage provides ample parking. Located near Wayne State University and downtown Detroit, this property benefits from its proximity to public transportation, major freeways, trendy restaurants, and the Schvitz Health Club. The area is experiencing significant development, making this a prime investment opportunity. The asking price is $409,000, with a price per unit of $204,500. The property is zoned for multifamily/residential use.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.072669560564
- Latitude
- 42.377942338781
