671 PHILIP Street Detroit, MI ^$ 299,000

671 PHILIP Street

^$ 299,000

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671 PHILIP Street

Detroit, MI, 48215

^$ 299,000

Studio Baths4.0 Sq 3,904

Monthly Estimate*

^$ 1,791

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Studio

Multi-Family Home for sale in Detroit, MI

for $299,000 with 4 full baths. This 3,904 square foot home was built in 1923 on a lot size of 0.13.

Here is your opportunity to own a great property in the red-hot Jefferson Chalmers neighborhood! Large two-bedroom units with updated kitchens, furnaces, hot water tanks, and windows. Rents in the area are $1200 and more for section 8. Just steps away from Grosse Pointe and 10 min to downtown. The buyer will receive a warranty deed, clear title, and title insurance. The buyer is to pay a $495 transaction fee to Downtown Realty. Can also be bought in a package deal with 830 Philip (not yet listed)

Multi-Family Active

Price

^$ 299,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,277

Style

Lot Size

0.13

Year Built

1923

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60319739

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Accepting Backup Offers

Full Baths 4

Half Baths 0

Bathrooms 4

Year Built 1923

Subdivision MARSHLAND BLVD SUB (PLATS) MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality Detroit

Zoning Multi-Family

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Jefferson to Philip

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional FHA

Legal Description W PHILIP 306 MARSHLAND BLVD SUB L26 P92 PLATS W C R 21/293 40 X 144.99A

DOM 61

Postal Code 48215

Price Per Sq Ft Total AG 76.59

Coming Soon Here is your opportunity to own a great property in the red-hot Jefferson Chalmers neighborhood! Large two-bedroom units with updated kitchens furnaces hot water tanks

Interior

Basement Block

Fireplace? No

Total Number of Units 4

Fuel Type Natural Gas

Exterior

Exterior Brick

Frontage 0

Lot Size Area 0.13

Lot Dimensions 40.00 x 145.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Guy Gailliard

Listing Agent

Downtown Realty

Broker

guy@dtrdetroit.com

Affordability Calculator

$2,147

Per Month

Monthly Principal & Interest: $1,791
Monthly Property Taxes: $356
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$225,767

Percent of Sale Price 24%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/22/2024	$299,000	-10.75%	Price Down
6/29/2024	$335,000		Listed Price

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671 PHILIP Street, Detroit, MI, 48215 is a Multi-Family Home for sale at $299,000 with 3,904 sqft and a lot size of 0.13. 671 PHILIP Street is a studio with 4.0 baths and was built in 1923. The property's zip code is 48215 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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671 PHILIP Street

Multi-Family Home for sale in Detroit, MI

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