8762 Epworth Street
Detroit, MI 48204
- – beds
- 4 baths
- 3,500 sqft
- 5,227 sqft lot
- $100 per sqft
- 1924 build
- – on site
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WELCOME TO 8762 EPSWORTH, DETROIT, MI – AN INCREDIBLE INVESTMENT OPPORTUNITY IN THE HEART OF THE CITY! THIS 4-UNIT MULTIFAMILY HOME FEATURES 2 BEDROOMS AND 1 BATHROOM IN EACH UNIT. IMAGINE THE POTENTIAL FOR PASSIVE INCOME WITH AN ESTIMATED $5,200 PER MONTH IN RENTS, TOTALING AN IMPRESSIVE $62,400 ANNUALLY. THIS PROPERTY IS A SAVVY INVESTOR'S DREAM, PROVIDING AN EXCELLENT RETURN ON INVESTMENT. THIS MULTIFAMILY GEM IS NOT JUST ABOUT NUMBERS; IT'S ABOUT LIFESTYLE TOO. THE STRATEGIC LOCATION PUTS YOU JUST 7 MINUTES AWAY FROM DOWNTOWN DETROIT, MAKING IT AN IDEAL CHOICE FOR THOSE WHO VALUE CONVENIENCE AND ACCESSIBILITY. SITUATED RIGHT OFF THE FREEWAY, COMMUTING BECOMES A BREEZE, OFFERING EASY ACCESS TO ALL THAT THE CITY HAS TO OFFER. ONE OF THE UNIQUE FEATURES OF THIS PROPERTY IS ITS SUITABILITY FOR HOUSE HACKING. LIVE IN ONE UNIT AND LET THE OTHER THREE UNITS CONTRIBUTE TO YOUR MORTGAGE OR PROVIDE A STEADY STREAM OF RENTAL INCOME. IT'S A SMART WAY TO MAKE YOUR HOUSING EXPENSES WORK FOR YOU. THE PROPERTY HAS UNDERGONE EXTENSIVE RENOVATIONS WITH ALL NECESSARY PERMITS PULLED. THE ENTIRE BUILDING HAS BEEN REFRAMED, ENSURING STRUCTURAL INTEGRITY AND LONGEVITY. UPGRADES INCLUDE NEW PLUMBING, HEATING, AND COOLING SYSTEMS, AS WELL AS ELECTRICAL IMPROVEMENTS. THE INTERIOR BOASTS TOP-OF-THE-LINE FINISHES, INCLUDING GRANITE COUNTERTOPS, PROVIDING A TOUCH OF LUXURY TO EACH UNIT. ENJOY THE BENEFITS OF MODERN LIVING WITH HIGH-EFFICIENCY FURNACES, ENSURING COMFORT WHILE KEEPING UTILITY COSTS IN CHECK. DON'T MISS OUT ON THIS FANTASTIC OPPORTUNITY TO INVEST IN A TURNKEY PROPERTY THAT COMBINES MODERN AMENITIES WITH A PRIME LOCATION. WHETHER YOU'RE A SEASONED INVESTOR OR LOOKING TO START YOUR REAL ESTATE JOURNEY, 8762 EPSWORTH IS A MUST-SEE. SCHEDULE YOUR VIEWING TODAY AND MAKE YOUR MARK ON THE DETROIT REAL ESTATE SCENE!
Listing courtesy of REALCOMP / 1st Michigan Real Estate
Last checked:
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Last updated Oct 23, 2024
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MLS# 20230105313 —
The Building
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Year Built:1924
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Year Remodeled:2023
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Construction Materials:Brick
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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:2 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:3,500 Sqft
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Total Combined:3,500 Sqft
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Total Basement:1,485 Sqft
Financial & Terms
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Land Contract:No
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Short Sale:No
Location
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Directions:N of Tireman / E of Livernois
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Directions From North South Detail:N of Tireman / E of Livernois
The Property
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Property Type:Multifamily
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Parcel Number:W16I014866S
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Exclusions:No
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Zoning:Multi-Family
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Homestead:No
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Lot Size Dimensions:35.00 x 143.00
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Lot Size Area:0.12
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Encroachment:No
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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:
- (734) 301-6553
Baths
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Total Baths:4
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Full Baths:4
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:Water at Street
Schools
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School District:Detroit
The Community
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Subdivision Name:DAILEY PARK SUB (PLATS)
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Pets Allowed:Call
Extra Units
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Unit Two Bed Number Of:4
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2024 Realcomp II Ltd. Shareholders
1st Michigan Real Estate
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 |
---|---|---|---|---|
9/13/24
Sep 13, 2024
|
Sold | REALCOMP | $350,000 | |
7/31/24
Jul 31, 2024
|
Price Changed | REALCOMP | $350,000 | -6.7% |
7/22/24
Jul 22, 2024
|
Price Changed | REALCOMP | $375,000 | -8.5% |