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$499,000
12
beds
4
baths

506 Westminster Street
Detroit, Michigan 48202

Closed / MLS #24020988 / Multiple Unit (2-4) / North End
Listing information updated 7/20/2024 at 11:22am
3/4 occupied. Nestled in Detroit's North End neighborhood, this fully leased quadplex is the perfect purchase for a savvy investor. Building received gut renovation in 2017. All 3 bed, 1 bath units have new plumbing, electrical, HVAC, Flooring, roofing, etc. Each unit has a dishwasher Washer dryer and storage in basement. Includes 2 gated off street parking. With a gross annual income of $58,080, this property is the perfect purchase for a savvy investor. Less than 10 minute drive to downtown Detroit, and a 5 minute drive to midtown, this investment opportunity is uniquely rare and one to take advantage of. Newly renovated quadplexes in the most desired neighborhoods in Detroit are moving quickly.
Exterior Type:
Brick
Basement:
Full
Beds Above Grade:
12
Cooling System:
None
Heating System:
Natural Gas, Forced Air
Pool:
No
Age:
114 Years
Roof Type:
Other
Water Front:
No
Square Feet:
N/A
Lot Size:
5663
Acreage:
0.13
Tax Amount:
$1,348
Tax Year:
2023
Zip Code:
48202
City:
Detroit
County:
Wayne
School District(s):
Detroit
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Prep Realty

Listing Office Phone: 313.855.7737

Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of SWMRIC, LLC. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.

$158,444
Average Sale Price
86
Average Days On The Market
89%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 506 Westminster Street, Detroit, MI 48202

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506 Westminster Street, Detroit, MI 48202 is a multiple unit (2-4) which sold for $499,000. 506 Westminster Street features 12 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties REMI Christie's International Real Estate since May 2nd, 2024 and was built in 1910.