6123 Commonwealth Street, Detroit, Michigan 48208

$315,000

Property Details

MLS#: 20261041221
Bedrooms: N/A
Bathrooms: 2
Square Feet: 1,050
Price per Sqft: $300
Lot Size: 0.09 acres
Year Built: 1915
Property Type: ResidentialIncome
Status: Active

Description

Renovated two-family flat producing roughly $19,000 a year in net income. The lower unit is short-term and turns over this summer; the upper is leased through June 2027 at $1,425/month. That mix gives an owner-occupant room to live in one unit and let the other help carry the note, or an investor a stabilized upper with upside on the turnover below. The renovated units offer 1,050 sq ft of hardwood floors, a bay window, and an exposed brick column that runs from the living space into the kitchens. The kitchens pair quartz counters with a gas ranges, dishwashers, subway tile backsplashes, and open shelving; the full baths are finished in floor-to-ceiling tile. Fenced backyard and separate washer and dryer in shared basement with lots of extra storage space. Location carries the value. The home sits near the Motown Museum, whose $75 million expansion is under construction on West Grand Boulevard, and a short walk from Henry Ford Health's $2.2 billion Destination: Grand hospital campus, a 20-story tower set to open by the end of 2029, part of a broader New Center plan with Michigan State University and the Detroit Pistons that adds a medical research center and mixed-use housing. With Wayne State, CCS, and Henry Ford all close, rental demand should stay healthy for years. Steps to New Center and Milwaukee Junction, adjacent to LaSalle Gardens and Virginia Park, minutes from the North End, and a quick ride to Corktown and downtown.

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 6123 Commonwealth Street?

6123 Commonwealth Street is listed at $315,000, or $300 per square foot.

How many bedrooms does 6123 Commonwealth Street have?

This property has N/A bedrooms and 2 bathrooms, with 1,050 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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