2513 Concord Street, Detroit, Michigan 48207

$230,000

Great Deal - This property is priced $48,730 below comparable homes in the area.

Property Details

MLS#: 58050179357
Bedrooms: 4
Bathrooms: 2
Square Feet: 1,710
Price per Sqft: $135
Lot Size: 0.11 acres
Year Built: 1911
Property Type: Residential
Status: Active
Days on Market: 190

Market Analysis

Estimated Value (CMA): $278,730
Area Avg Price/Sqft: $163
This Property: $135/sqft ($28 below area average)
Price Position: -17.0% vs comparable homes
Comparable Properties Analyzed: 1

Description

Welcome to your next great investment! This beautifully remodeled home is not only spacious and located in a highly desirable area, it also comes with a 2-year lease already in place. The current tenant is paying $2,200 per month, bringing in a solid $26,400 per year in rental income from day one. Whether you're an experienced investor looking to expand your portfolio or a first-time buyer ready to start earning passive income, this turnkey property is a smart and secure choice. Opportunities like this don't last long. Submit your offer today! Showings will only be scheduled once an offer is accepted.

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 2513 Concord Street?

2513 Concord Street is listed at $230,000, or $135 per square foot.

How many bedrooms does 2513 Concord Street have?

This property has 4 bedrooms and 2 bathrooms, with 1,710 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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