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Sold for $100,000
  • $100,000

    14405 Eastwood Ave, Detroit, MI 48205

    0beds
    10,918sqft
    SingleFamily
    Built in 1929
    5,227 Square Feet Lot
    $-- Zestimate®
    $9/sqft
    $1,504 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,504/mo

    Zestimate® history
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    What's special

    Incredible Investment Opportunity: Transformative 17-Unit Apartment Building in Detroit Welcome to a property with profound potential, located in the heart of Detroit. This 17-unit apartment building represents an unmatched opportunity for the right investor. The renovation on this building has already begun In the past two years over $200,000 have been spent on a Major Structural Overall top to bottom as a precautionary measure, Additional Framing on exterior walls, Brand New Roof, A Complete Clean Out on all floors (over $100k in clean out costs), as well as the lot next door being added to the sale both lots had an incredible amount of trees removed. This blank slate is ready to be transformed into much needed homes in the community. This is a chance not just to renovate a building, but to breathe new life into an entire community. The prior layout contained 18, 1 bedroom units but could be reconfigured to maximize the return on this investment. Located just off of 7 mile near another large multi family project currently underway and a FULLY OCCUPIED 14 Unit as well. This property is not just about brick and mortar, it's about potential and vision. It's an opportunity to create a legacy, to contribute to the regeneration of Detroit and provide some much needed housing in the community. 18 unit floor plan in photos. Please reach out directly for information on a total renovation quote.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 17
    • Full bathrooms: 17
    Heating
    • Forced air
    Interior area
    • Total interior livable area: 10,918 sqft

    Property

    Lot
    • Size: 5,227 Square Feet

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1929

    Community & HOA

    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $9/sqft

    Price history

    DateEventPrice
    6/28/2024Sold$100,000-50%$9/sqft
    Source: Agent Provided Report a problem
    10/17/2023Listing removed--
    Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate Report a problem
    8/28/2023Price change$199,900-20%$18/sqft
    Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate #20230063007 Report a problem
    8/1/2023Listed for sale$250,000$23/sqft
    Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate #20230063007 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Mapleridge

    Nearby schools

    GreatSchools rating
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