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$ 99,900
Est. payment /mo
New
1407 Lakewood Street Detroit, MI 48215
2 Baths
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261087401
HOA Y/N true
Year Built 1915
Annual Tax Amount $40
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 60X123
Source Realcomp
Property Description
Multifamily opportunity at 1423 Lakewood in Detroit! This property features two spacious units, each offering 3 bedrooms and 1 full bathroom, A full kitchen, living room and dining room making it ideal for both investors and owner-occupants. The property includes a shared basement, providing additional storage and utility space for tenants. Outside, you'll find a large driveway with ample parking along with two separate garages—a 2.5-car garage and an additional 1.5-car garage, a rare and valuable feature for rental properties. Situated on two parcels of land, this property offers added flexibility and long-term potential for expansion or increased value. Conveniently located near major roads, shopping, and local amenities, this is a strong income-producing asset with room to grow. **Second floor unit's address is 1427 Lakewood St, Detroit, MI 48215** **Second parcel included is 1407 Lakewood St, Detroit, MI 48215** Don't miss out on this versatile Detroit investment opportunity!
Location
State MI
County Wayne
Zoning Residential
Direction MAP
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I054915S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by EXP Realty Main
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CJ Johnson
Agent License ID: 6501457704