5907 Iroquois Street
Detroit, MI 48213
- – beds
- 4 baths
- 4,680 sqft
- 6,534 sqft lot
- $72 per sqft
- 1923 build
- – on site
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AN INCREDIBLE INVESTMENT OPPORTUNITY IN THE HEART OF DETROIT! THIS 4-UNIT MULTIFAMILY HOME FEATURES 2 BEDROOMS AND 1 BATHROOM IN ONE UNIT AND 3 BEDROOMS AND 1 BATHROOM IN THE OTHER 3 UNITS. HOME IS CONVENIENTLY LOCATED NEAR I94 AND ONLY 10 MINUTES AWAY FROM DOWNTOWN. EXCELLENT OPPURTUNITY FOR PASSIVE INCOME WITH AN ESTIMATED $5,400 PER MONTH IN RENTS, TOTALING A WHOPPING $64,800 ANNUALLY. 3 OUT OF THE 4 UNIT ARE OCCUPIED. DREAM OF LIVING RENT FREE? NOW YOU CAN! LIVE IN ONE AND RENT THE OTHER THREE. ALL UNITS HAVE NEWER FURNACE, HOT WATER TANK, PLUMMING AND ELECTRICAL PANEL, ENSURING LONGEVITY. WHETHER YOU'RE A SEASONED INVESTOR OR LOOKING TO START YOUR REAL ESTATE JOURNEY, THIS PROPERTY IS A MUST-SEE. DO NOT APPROACH OR DISTURB TENANTS.
Last checked:
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Last updated Nov 15, 2024
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MLS# 20240003950 —
The Building
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Year Built:1923
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Construction Materials:Brick
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Roof Material:Asphalt, Other
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Architectural Style:Quadruplex
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Foundation:Block
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Foundation Details:Basement
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# of Units Total:4
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Stories:3 Story
Interior
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Basement:Yes
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Basement Type:Unfinished
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Fireplace:No
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Total:4,680 Sqft
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Total Combined:4,680 Sqft
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Total Basement:2,296 Sqft
Financial & Terms
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Land Contract:No
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Short Sale:No
Location
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Directions:S Lambert and W Fischer
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Directions From North South Detail:Between Medbury Ave and Lambert Street
The Property
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Property Type:Multifamily
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Parcel Number:W17I007335S
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Exterior Features:Fenced
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Zoning:Commercial, Multi-Family
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Homestead:No
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Lot Size Dimensions:60.00 x 110.00
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Lot Size Area:0.15
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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:
- (313) 485-6858
- Office phone:
- (313) 598-3055
Taxes
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Total Taxes:$6,812
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Tax Amount Summer:$6,768
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Tax Amount Winter:$44
Baths
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Total Baths:4
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Full Baths:4
Heating & Cooling
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Heating:Hot Water
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Heating Fuel:Natural Gas
Utilities
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Sewer:Public Sewer (Sewer-Sanitary), Sewer at Street
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Water Source:Public (Municipal), Water at Street
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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:STEPHENS ELM PK (PLATS)
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Pets Allowed:Yes
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Assessment:340.00
Parking
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MF Parking:On Street
Extra Units
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Unit Count:4
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Unit Two Bed Number Of:1
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Unit Three Bed Number Of:3
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 |
|---|---|---|---|---|
|
4/26/24
Apr 26, 2024
|
Sold | REALCOMP | $340,000 | -4.2% |
|
3/17/24
Mar 17, 2024
|
Pending | REALCOMP | $354,900 | |
|
2/9/24
Feb 9, 2024
|
Price Changed | REALCOMP | $354,900 | -1.4% |
