4851 Concord Street
Detroit, MI 48207
- – beds
- 3 baths
- 2,680 sqft
- 3,485 sqft lot
- $72 per sqft
- 1909 build
- – on site
Welcome to Your Ideal Airbnb Opportunity in the Heart of Detroit! This remarkable property, strategically situated near Wayne State University and the Detroit Medical Center, offers a unique combination of location, versatility, and comfort. With the vibrant energy of downtown Detroit just a 10-minute drive away, this home stands as an exceptional choice for both investors and homeowners. Enjoy year-round comfort with the newly installed HVAC system (2024). Renovated in 2022, the property features two distinct units and a versatile third floor that can be used as a studio or game room lounge. The top floor boasts a stylish loft offering a modern and open living space, the main floor is a comfortable two-bedroom unit perfect for a small family or professionals seeking a spacious living arrangement, and the second floor hosts a generous 4-bedroom unit providing ample space for larger households or group living. The entire property is being sold fully furnished, presenting an incredible turnkey opportunity. High-quality furnishings and tasteful decor enhance the appeal of each unit, creating an inviting and comfortable atmosphere for tenants. Equipped with a leased video security system, this property offers an added layer of protection for both residents and the premises, ensuring peace of mind. The fully fenced backyard also has a nice deck for outside entertaining. The property is conveniently located on the bus line and within walking distance to the new development happening in the Gratiot Town/Kettering District. Whether you're an astute investor seeking a profitable addition to your portfolio or a homeowner looking for a versatile property in an excellent location, this home, conveniently close to WSU, DMC, and downtown Detroit, is an exceptional opportunity. The home is being sold AS/IS, and the seller is a licensed broker. Don't miss out on this fantastic investment opportunity, schedule your showing today and ask for details on preferred lender programs! Photos coming 6/20!
Last checked:
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Last updated Jun 23, 2024
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MLS# 20240043314 —
The Building
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Year Built:1909
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Year Remodeled:2022
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Construction Materials:Other
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Roof Material:Composition
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Architectural Style:Triplex, Traditional
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Foundation:Brick/Mortar
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Foundation Details:Basement, Michigan Basement
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Porch Type:Deck
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# of Units Total:2
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Stories:3 Story
Interior
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Features:Smoke Alarm, 220 Volts, Cable Available, Security Alarm (rented)
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Basement:Yes
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Basement Type:Unfinished
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Fireplace:No
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Total:2,680 Sqft
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Total Combined:2,680 Sqft
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Total Basement:1,342 Sqft
Financial & Terms
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Land Contract:Yes
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Short Sale:No
Location
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Directions:94-East To Mt. Elliot, Right On Mt. Elliott, Left On Theodore, Right On Concord. Home On Your Right.
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Directions From North South Detail:Corner of Concord & East Warren
The Property
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Property Type:Multifamily
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Parcel Number:W15I011593S
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Zoning:Multi-Family, Residential
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Homestead:No
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Lot Size Dimensions:33.00 x 100.00
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Lot Size Area:0.08
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Pool:No
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Waterfront:No
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Office phone:
- (248) 963-0505
Taxes
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Total Taxes:$340
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Tax Amount Summer:$340
Baths
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Total Baths:3
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Full Baths:3
The Listing
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Buyer Agency:Yes
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Buyer's Brokerage Compensation:3%
Heating & Cooling
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Cooling:Ceiling Fan(s)
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Heating:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer:Public Sewer (Sewer-Sanitary)
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Water Source:Public (Municipal)
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Water Heater Fuel:Natural Gas
Schools
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School District:Detroit
The Community
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Subdivision Name:WALLACE BROS SUB OF LOT 3 THRU 25
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Pets Allowed:Cats OK, Dogs OK
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Assessment:340.00
Parking
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MF Parking:On Street
Extra Units
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Unit Two Bed Number Of:1
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Unit Four Bed Number Of:1
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.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
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 |
---|---|---|---|---|
6/19/24
Jun 19, 2024
|
Listed / Active | REALCOMP | $195,000 | 11.4% |
10/6/23
Oct 6, 2023
|
REALCOMP | $175,000 | ||
9/13/23
Sep 13, 2023
|
REALCOMP | $175,000 |