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Pending
Multifamily
Property Photo

487 PHILIP Street

Detroit, MI 48215
Square Ft.
1,952
$274,900
GREAT INCOME PROPERTY. LOCATED IN A HIGHLY UPCOMING DESIREABLE AREA. PROPERTY HAS BEEN REHAB FROM TOP TO BOTTOM. (AS YOU CAN SEE IN THE PHOTO'S) IMPECCABLY PUT TOGETHER. IT WAS RECENTLY USED AS AN AIRBNB. BOTH UNITS ARE TOTALLY FINISHED AND ALL FURNITURE AND APPLIANCES WILL REMAIN. WALK RIGHT INTO… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Estate #1 Realty Group LLC, [email protected], (248) 416-3936.
Listing Snapshot
Days Online
249
Last Updated
Property Type
Multifamily
Square Ft.
1,952
Lot Size
0.12 Acres
Year Built
1919
MLS Number
20240072122
30 Days Snapshot Of 48215
$115k
+4%
(avg) sold price
7
-12%
homes sold
87
+42%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
3 total units, 1 leased unit, 1 one-bedroom unit, 2 two-bedroom units, Built in 1919, Architectural style: Colonial, Brick, 1,952 total square feet, 1,952 combined square feet, 966 total basement square feet, Unit count: 3
Fireplaces
Fireplace?: 0
Foundation
Basement
Water Features
Public (Municipal)
Heating
ENERGY STARAE; Qualified Furnace Equipment, Forced Air, Natural Gas
Lot
Lot size area: 0.12, Lot size dimensions: 35.00 x 146.00
Miscellaneous
Gross scheduled income: $54,000, Income projection: Actual, Monthly rental income: $4,500
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $462, Tax amount (winter): $56
Sewer
Public Sewer (Sewer-Sanitary)
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Monthly Payment
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Garrett Blair
Broker
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Schools In The Area

Check out nearby schools with ratings and contact info.
Carstens Elementary-Middle School 313-866-5500 Public PK-8
East English Village Preparatory Academy at Finney 313-873-0655 Public 9-12
Carstens Elementary-Middle School 313-866-5500 Public PK-8
Carstens Elementary-Middle School 313-866-5500 Public PK-8
Carstens Elementary-Middle School 313-866-5500 Public PK-8
East English Village Preparatory Academy at Finney 313-873-0655 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via Douglas Rose Realty and Garrett Blair, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via Douglas Rose Realty and Garrett Blair, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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