5541 & 5543 Balfour Street new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48224
Key Details
Property Type Multi-Family
Sub Type Colonial
Listing Status Active
Purchase Type For Sale
Square Footage 1,944 sqft
Price per Sqft $46
MLS Listing ID 58050161997
Style Colonial
Full Baths 2
Originating Board MiRealSource
Year Built 1941
Annual Tax Amount $3,631
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 40 x 146
Property Description
Charming 2-Unit Multi-Family Property in Detroit "“ Great Investment or Conversion Opportunity. This well-maintained 2-unit multi-family home is an ideal investment opportunity or can easily be converted into a spacious single-family residence. Located in an up-and-coming area of Detroit, this property offers convenience and potential for growth. Both units have 2 bedrooms, full bathroom, kitchen and living room. Entry level's inviting living room offers a beautiful fireplace, perfect for cozy evenings. Functional layout offering ample living space in both units. 2 Car detached garage. Shared basement with laundry facility. The home is in a prime location with easy access to major expressways, making commuting to Downtown Detroit, The Points, or St. Clair Shores a breeze. Whether you're looking to capitalize on the rental market or transform it into your dream home, this property offers flexibility and fantastic value in a rapidly growing neighborhood. Don't miss out on this fantastic opportunity to own a property in a high-demand area with so much potential!
Location
State MI
County Wayne
Area Det Con-Mors/Grat. Hstn/7 Mack
Zoning Residential
Interior
Heating Forced Air,Separate Meters
Cooling Ceiling Fan(s)
Fireplace yes
Heat Source Natural Gas
Exterior
Porch Porch
Road Frontage Pub. Sidewalk
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID 21068743
Ownership Bank Owned,Short Sale - No
Acceptable Financing Cash,Conventional,FHA 203K
Listing Terms Cash,Conventional,FHA 203K
Financing Cash,Conventional,FHA 203K