309 Melbourne Street, Detroit, Michigan 48202

$249,000

Property Details

MLS#: 58050200604
Bedrooms: 4
Bathrooms: 3
Square Feet: 1,884
Price per Sqft: $132
Lot Size: 0.11 acres
Year Built: 1915
Property Type: ResidentialIncome
Status: Active
Days on Market: 79

Description

Turnkey three-unit multi family investment opportunity in Detroit. Two of the three units are currently tenant-occupied while the third floor lease recently lapsed March 1st. Property features newer finishes throughout, minimizing up front capital expenditures. Ideally located just minutes from Woodward Avenue, Wayne State University and Little Caesars Arena, with convenient access to downtown amenities, dining and entertainment. Strong rental demand area makes this a sold cash-flow addition to any investors portfolio with long-term upside.

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 309 Melbourne Street?

309 Melbourne Street is listed at $249,000, or $132 per square foot.

How many bedrooms does 309 Melbourne Street have?

This property has 4 bedrooms and 3 bathrooms, with 1,884 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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