Renovated two family flat in Detroit's Atkinson Avenue Historic District, a 1916 duplex built at 3,158 square feet, one street south of Boston-Edison's mansions. The house still carries its original bones: an arched passage between the dining and living rooms, a brick fireplace with a painted mantel, hot water radiator… Read More heat, and refinished hardwood floors throughout. Atkinson filled in between 1915 and 1929, right alongside the construction of Henry Ford Hospital a few blocks south, and drew a professional crowd of doctors, ministers, bankers, and real estate agents. Ty Cobb lived on the street. So did Edgar Guest, Michigan's only poet laureate and a newspaper columnist read across the country in his day. The upper unit here is a true three bedroom, one bath, leased at $1,495 a month to a tenant current on rent. The lower unit is a genuinely spacious two bedroom, one bath, vacant, and currently furnished from a prior short term rental run, with the furniture available to convey for a buyer who wants to keep that income stream going without starting from scratch. Kitchens in both units are equipped for daily cooking with appliances included, and the home carries a certificate of compliance. A detached two car brick garage sits off the alley. This stretch of Atkinson puts a buyer within walking distance of Gordon Park, The Congregation, and The Rectory, with Woodward Avenue, Midtown, and Downtown a short drive out. For an investor or a house hacker, the math works from day one: live in one unit, let the other carry the note, on one of Detroit's most architecturally intact blocks. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Douglas Rose Realty, [email protected], (810) 623-0228.
Listing Snapshot
Days Online
47
Last Updated
Property Type
Multifamily
Square Ft.
3,158
Lot Size
0.12 Acres
Year Built
1916
MLS Number
20261066388
30 Days Snapshot Of 48206
$201k
+70%
(avg) sold price
18
+12%
homes sold
95
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
2 total units, 1 leased unit, 1 two-bedroom unit, 1 three-bedroom unit, Built in 1916, Remodelled in 2019, Architectural style: Duplex, Brick, 3,158 total square feet, 3,158 combined square feet, 1,455 total basement square feet, Unit count: 2
Exterior Features
Awning/Overhang(s), Lighting
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 1
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Interior Features
Smoke Alarm, Circuit Breakers
Lot
Lot size area: 0.12, Lot size dimensions: 40X135
Miscellaneous
Gross scheduled income: $17,940, Income projection: Actual, Monthly rental income: $1,495, Net operating income: $9,867
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