$260,000
For Sale

7067 LEXINGTON STREET

Detroit, MI 48209
2244 sqft | 2 baths | 0.08 acres | #20240094213
Browse 29 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Charming & Updated Multifamily Home – Great Investment Opportunity! Looking for a property that combines comfort, style, and income potential? This beautiful multifamily home is the perfect choice! This property contains two units each with 2 spacious bedrooms both with 2 full bathrooms, convenient and updated for both units. Updated Interior with modern finishes and thoughtful updates throughout. Beautiful foundation strong and well-maintained structure. Buyer can choose to live in or rent. Income potential estimated between $1,200–$1,500 per month per unit! This property is ideal for investors who want to own a property where the City of Detroit is acquiring to build soccer specific-stadium or homeowners looking for rental income with minimal upkeep. Each unit offers ample space and privacy, making it a desirable option for tenants.
Don't miss out on this rare find! Come see for yourself!!!

  • Property Details
      • FoundationBasement, Poured
      • Utility SourceWateratStreet
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • MLS #20240094213
      • Property SubtypeMultiFamily
      • Parcel NumberW18I000589S
      • MLS #20240094213
      • Basement DescriptionUnfinished
      • Original List Price$300,000
      • SubdivisionLOVETTS
      • School DistrictDetroit
      • Taxes Annual$3,674
      • Cost260000
      • CountyWayne
      • Acres0.08
      • Square Feet2244
      • Year Built1920
      • PetsYes
      • Days on Market (Cumulative)97
      • Bathrooms2
      • Full Baths2
      • Stories2
      • Basement1
      • Basement Finished1

Location

Alexis ThompsonReal Estate Group
OR

Interested in Purchasing 7067 LEXINGTON STREET?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00