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Sold for $255,000
  • $255,000

    540-542 Holbrook St, Detroit, MI 48202

    4beds
    2,112sqft
    Multi Family
    Built in 1915
    -- sqft lot
    $272,100 Zestimate®
    $121/sqft
    $1,585 Estimated rent

    Home value

    $272,100

    $242,000 - $305,000

    $1,585/mo

    Zestimate® history
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    $1,585/mo

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    $1,749/mo

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    What's special

    Welcome to 540-542 Holbrook Ave, a beautifully updated duplex in a prime Michigan Opportunity Zone, offering exceptional tax advantages and long-term growth potential! Perfect for investors or owner-occupants, each unit features 2 spacious bedrooms, 1 bathroom, and gorgeous hardwood flooring throughout. Recent updates include a new roof, modern plumbing, gutters, and electrical systems, ensuring worry-free ownership. Both units have been freshly painted, creating a bright and inviting atmosphere. The upstairs unit boasts a fully renovated kitchen with new cabinets, luxury vinyl flooring, countertops, and doors, along with an updated bathroom featuring a new tub, flooring, sink, and vanity. Additional highlights include a 2-car garage and a sizable adjacent lot, offering outdoor space for recreation, gardening, or potential development. Currently rented on month-to-month leases at $1,000 per unit, with area rental comps averaging $1,200 per unit, this property offers substantial cash flow potential. Don’t miss this rare opportunity to own a move-in-ready duplex with incredible tax advantages—schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Antonio Wells 248-747-4834,

    Max Broock, REALTORS®-Birmingham

    Bought with:

    Kelley L Merritt, 6501387232

    Maxim Properties LLC

    Source: Realcomp II,MLS#: 20240085991MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Window Units
    Appliances
    • Laundry: Laundry Room
    Features
    • High Speed Internet, Programmable Thermostat
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,112 sqft
    • Finished area above ground: 2,112

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered
    • Exterior features: Balcony, Gutter Guard System
    • Pool features: None
    • Fencing: Back Yard
    Lot
    • Size: 3,484 sqft
    • Dimensions: 30.00 x 113.00
    Details
    • Parcel number: W03I002414S
    • Zoning description: MultiFamily, Residential
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1915
    • Major remodel year: 2019

    Utilities & green energy

    • Electric: Service 100 Amp
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Above Ground Utilities

    Community & neighborhood

    Security
    • Security features: Smoke Detectors
    Location
    • Region: Detroit
    • Subdivision: HOWLANDS

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA

    Price history

    DateEventPrice
    12/30/2024Sold$255,000+2%$121/sqft
    Source: Realcomp II #20240085991 Report a problem
    11/28/2024Pending sale$250,000$118/sqft
    Source: Realcomp II #20240085991 Report a problem
    11/20/2024Listed for sale$250,000$118/sqft
    Source: Realcomp II #20240085991 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: North End

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $272,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $272,100