3918 Lillibridge Street, Detroit, Michigan 48214

$22,000

Property Details

MLS#: 20261025043
Bedrooms: N/A
Bathrooms: 2
Square Feet: 1,856
Price per Sqft: $12
Lot Size: 0.07 acres
Year Built: 1923
Property Type: ResidentialIncome
Status: Active
Days on Market: 7

Description

Land contract available with flexible terms at a higher purchase price! Multi-family property featuring two 2 bed / 1 bath units, each with a basement. Property is currently livable but in need of a full renovation throughout. Major updates required including siding, windows, roof, and mechanicals. No existing furnace or hot water tanks. Upstairs unit is currently tenant-occupied paying $300 monthly. Property has a total "projected" annual income of $24,000. Strong value-add opportunity for investor looking to reposition or fully rehab. Property being sold as-is. Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction. Closing will be conducted via contract assignment or double closing, with preference given to assignment. Seller to provide marketable title at closing. Title commitment available. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including transfer taxes, title insurance, closing fees. Sold AS IS - Buyer to verify all information listed.

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 3918 Lillibridge Street?

3918 Lillibridge Street is listed at $22,000, or $12 per square foot.

How many bedrooms does 3918 Lillibridge Street have?

This property has N/A bedrooms and 2 bathrooms, with 1,856 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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