540-542 Holbrook Street
Detroit, MI 48202
- – beds
- 2 baths
- 2,112 sqft
- 3,485 sqft lot
- $118 per sqft
- 1915 build
- – on site
Welcome to 540-542 Holbrook Ave, a beautifully updated duplex in a prime Michigan Opportunity Zone, offering exceptional tax advantages and long-term growth potential! Perfect for investors or owner-occupants, each unit features 2 spacious bedrooms, 1 bathroom, and gorgeous hardwood flooring throughout. Recent updates include a new roof, modern plumbing, gutters, and electrical systems, ensuring worry-free ownership. Both units have been freshly painted, creating a bright and inviting atmosphere. The upstairs unit boasts a fully renovated kitchen with new cabinets, luxury vinyl flooring, countertops, and doors, along with an updated bathroom featuring a new tub, flooring, sink, and vanity. Additional highlights include a 2-car garage and a sizable adjacent lot, offering outdoor space for recreation, gardening, or potential development. Currently rented on month-to-month leases at $1,000 per unit, with area rental comps averaging $1,200 per unit, this property offers substantial cash flow potential. Don’t miss this rare opportunity to own a move-in-ready duplex with incredible tax advantages—schedule your showing today!
Last checked:
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Last updated Nov 21, 2024
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MLS# 20240085991 —
The Building
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Year Built:1915
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Year Remodeled:2019
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Construction Materials:Brick
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Roof Material:Asphalt
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Architectural Style:Colonial
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Foundation:Block
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Foundation Details:Basement
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Porch Type:Balcony
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Side Of Street:E
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# of Units Total:2
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Stories:2 Story
Interior
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Features:Smoke Alarm, 100 Amp Service, High Spd Internet Avail, Laundry Facility, Programmable Thermostat
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Basement:Yes
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Basement Type:Unfinished
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Fireplace:No
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Total:2,112 Sqft
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Total Combined:2,112 Sqft
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Total Basement:1,056 Sqft
Financial & Terms
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Land Contract:No
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Short Sale:No
Location
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Directions:East Of Woodward And West Of Oakland
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Directions From North South Detail:Woodward east along Holbrook
The Property
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Property Type:Multifamily
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Parcel Number:W03I002414S
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Exterior Features:Gutter Guard System, Fenced
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Zoning:Multi-Family, Residential
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Homestead:No
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Lot Size Dimensions:30.00 x 113.00
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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:
- Agent phone:
- (248) 644-6700
- Office phone:
- (248) 644-6700
Taxes
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Total Taxes:$1,169
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Tax Amount Summer:$1,079
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Tax Amount Winter:$90
Baths
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Total Baths:2
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Full Baths:2
Heating & Cooling
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Cooling:Window Unit(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
Appliances
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Laundry Facilities:Yes
Schools
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School District:Detroit
The Community
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Subdivision Name:HOWLANDS
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Pets Allowed:Yes
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Assessment:340.00
Parking
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Garage:Yes
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Total Parking:2
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MF Parking:Garages
Extra Units
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Unit Count:2
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Unit Two Bed Number Of:2
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/19/24
Nov 19, 2024
|
Listed / Active | REALCOMP | $250,000 | |
|
11/19/24
Nov 19, 2024
|
Coming Soon | REALCOMP | $250,000 |
