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Listed price in listed location currency (USD).
$80,000
$84,900

020

MLS® 20230100541

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2050 sqft
Garage No
Taxes $1,031
Lot Size 0.09 acres
Approx. Age 1924
Avg. Price Per Sqft $41
MLS® Number 20230100541

Property Address: 12365 Griggs St, Detroit, MI, 48204-1075

Average square foot calculated using Size range provided by listing agent.

Description

**INVESTORS** Add this performing 2-family property to your rental portfolio or let it be the cornerstone if this is your first property! The property features 2 spacious units, each with 2 bedrooms, living room, dining room, kitchen, and full bathroom. Market rent rates for each unit are $850-900/month for a cash paying tenant and up to $1, 100/month for a Section 8 tenant. The property has updated kitchens & bathrooms in the lower unit, hardwood floors throughout, updated circuit breaker panels with romex wiring, some updated PVC drain pipe, PEX supply plumbing, new blinds in the 1st floor unit, and vinyl siding around the 1st floor unit. The property is also located just north of Grand River Avenue, one of the major thoroughfares in the city of Detroit and one that has seen considerable investment and development in the last few years!
MLS® Number20230100541
Laundry Level
Central VacNo
FireplaceNo
Acreage0.09
Exterior
GarageNo
Approx. Age1924
BasementUnfinished
DrivewayOn Street, Unassigned
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Price History

Mar 31, 2024End Date
$80,000Sold Price

Sold

Jul 31, 2024List Date
$84,900List Price
  • Commute

Commute

Starting Address
Destination Address
12365 Griggs St, Detroit, MI

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