5354 Oregon Street
Detroit, MI 48204
- 2 beds
- 1.1 baths
- 4,464 sqft
- 5,663 sqft lot
- $56 per sqft
- 1924 build
- – on site
Discover this exceptional investment opportunity with a four-unit multifamily property, currency generating steady income with three units already occupied. This well-maintained property offers a fantastic blend of stability and potential, making it for both seasoned investors and those new to the market. Each unit is spacious with 2 bedrooms and 1 bathroom. In April of 2020 the owner replaced the roof, gutter, fascia downspouts, and added all new windows throughout. In Apil of 2021 the sewer line was replaced and also received a clearance report for lead. Unoccupied unit is available for showing. Please do not disturb tenants. BATVAI
Last checked:
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Checking…
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Last updated Nov 2, 2024
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MLS# 20240075888 —
The Building
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Year Built:1924
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Construction Materials:Brick
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Architectural Style:Colonial
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Foundation:Block
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Foundation Details:Basement
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Entry Location:Ground Level
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Stories:2 Story
Interior
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Room Count:5
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Basement:Yes
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Basement Type:Unfinished
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Fireplace:No
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Total:4,464 Sqft
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Total Combined:4,464 Sqft
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Total Basement:2,232 Sqft
Financial & Terms
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Land Contract:No
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Short Sale:No
Location
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Directions:South of Livernois and East of Tireman
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Directions From North South Detail:Livernois and Tireman
The Property
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Property Type:Residential
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Parcel Number:W16I002731S
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Homestead:Yes
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Lot Size Dimensions:45.00 x 128.00
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Lot Size Area:0.13
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Frontage Feet:30
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Pool:No
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Waterfront:No
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (248) 385-3350
- Office phone:
- (248) 385-3350
Taxes
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Total Taxes:$2,939
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Taxable Value:31237.0000
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Tax Amount Summer:$2,645
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Tax Amount Winter:$294
Beds
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Beds Total:2
Baths
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Total Baths:1.10
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Full Baths:1
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Half Baths:1
The Listing
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Warranty:No
Heating & Cooling
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Heating:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer:Sewer at Street
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Water Source:Public (Municipal)
Schools
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School District:Detroit
The Community
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Subdivision Name:SECURITY LAND COS (PLATS)
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Assessment:240.00
Parking
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Garage:No
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Garage Size:No Garage
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.
Monthly cost estimate
Asking price
$250,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,338
|
| Taxes | $244 |
| Insurance | $68 |
| Utilities | $229 See report |
| Total | $1,879/mo.* |
| *This is an estimate |
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).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/8/24
Oct 8, 2024
|
Listed / Active | REALCOMP | $250,000 | 316.7% (66.6% / YR) |
|
1/6/20
Jan 6, 2020
|
REALCOMP | $60,000 | 9.1% | |
|
12/9/19
Dec 9, 2019
|
REALCOMP | $55,000 |
