2017 Burlingame Street
Detroit, MI 48206
- – beds
- 10 baths
- 7,984 sqft
- 11,761 sqft lot
- $97 per sqft
- 1948 build
- – on site
Prime Multifamily Investment Opportunity in Detroit! Discover the potential of 2017 Burlingame Street, a high upside value add 10-unit multifamily property in the desirable Boston Edison District. Spanning 7,884 sq. ft. this brick and block building combines timeless charm with modern upgrades. The property features 7 one-bedroom units and 3 two-bedroom units, potentially generating a monthly rental income of $9,500 with utilities included, and a projected net annual income of $84,000. Key features include a full basement with storage, laundry facilities, newer boiler, upgrades to units, windows roof and many other upgrades. Ample parking for 20 vehicles. Financing options include cash, conventional, or a land contract with a $350,000 down payment and a 7.5% interest rate. Don’t miss this exceptional investment opportunity—schedule your showing today!
Last checked:
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Last updated Dec 17, 2024
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MLS# 20240091921 —
The Building
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Year Built:1948
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Year Remodeled:2022
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New Construction:false
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Construction Materials:Block, Brick
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Architectural Style:CapeCod, CommonEntryBuilding
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Roof:Asphalt
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Levels:Two
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Basement:Common, CommonStorageLocker, Full, InteriorEntry, Unfinished
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Basement:true
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Foundation Details:Basement, Block
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Exterior Features:Awnings, ChimneyCaps, Lighting, PermeablePaving, PrivateEntrance
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Security Features:CarbonMonoxideDetectors, FireAlarm, SmokeDetectors
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Patio And Porch Features:Porch
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Above Grade Finished Area:7884.0
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Below Grade Total Area:3815
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Below Grade Finished Area:100.0
Interior
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Interior Features:EntranceFoyer, HighSpeedInternet, ProgrammableThermostat
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Fireplace:false
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Laundry Features:CommonArea, GasDryerHookup, LaundryRoom, WasherHookup
Room Dimensions
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Living Area:7984.0
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Living Area Source:Assessor
Location
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Directions:Boston And Lodge
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Cross Street:Boston And Lodge
The Property
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Parcel Number:W08I003376C94
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Property Type:ResidentialIncome
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Property Sub Type:MultiFamily
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Lot Size Acres:0.27
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Lot Size Area:0.27
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Lot Size Dimensions:90.00 x 133.00
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Lot Size Units:Acres
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Zoning Description:Commercial,Multi-Family
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Fencing:Fenced, FencingAllowed, FrontYard
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Road Frontage Feet:90
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (313) 600-6189
- Office phone:
- (888) 501-7085
Taxes
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Tax Legal Description:S BURLINGAME 152 THRU 150OAKMAN & STOLL'S SUB L29 P92 PLATS, W C R 8/125 90 X 132.78A
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Tax Assessed Value:35998
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Tax Annual Amount:3135.0
Baths
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Bathrooms Total:10
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Bathrooms Full:10
Heating & Cooling
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Heating:HotWater, OtherHeatingSource, Radiant
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Heating:true
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Cooling:WindowUnits
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Cooling:true
Utilities
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Utilities:AboveGroundUtilities, CableAvailable
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Sewer:PublicSewer
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Water Source:Public
Schools
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High School District:Detroit
The Community
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Subdivision Name:OAKMAN & STOLL
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Senior Community:false
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Community Features:Sidewalks
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Pool Features:None
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Waterfront:false
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Pets Allowed:Yes
Parking
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Attached Garage:false
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Parking Total:20.0
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Parking Features:Lighted, OffSite, OnStreet, Paved, Unassigned
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2024 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2024 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/15/24
Dec 15, 2024
|
Listed / Active | REALCOMP | $775,000 |
