Detroit, MI 48210,7406 EDWARD Street
Detroit, MI 48210,7406 EDWARD Street
Detroit, MI 48210,7406 EDWARD Street
$133,500
Est. payment /mo
$129,000
3.5%
Est.Price: ?

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2 Baths
3,049 Sqft Lot
SOLD DATE : 06/13/2025

Key Details

Sold Price $133,500

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 20250017275

Sold Date 06/13/25

HOA Y/N true

Year Built 1920

Annual Tax Amount $1,371

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 30.00 x 100.00

Source Realcomp

Property Description

Adorable duplex on the western border of Detroit's Michigan-Martin neighborhood with tons of potential!! Close to both downtown Detroit & Dearborn, this vinyl sided multifamily has a 2 car garage and has been owned & well maintained by the same owner for over a decade. The upper unit is currently rented below market value and the lower unit is currently vacant. All utilities are metered separately except of water is paid by the owner. Recently poured concrete patio/seating area in the backyard, new carpet flooring throughout the lower unit, laundry available in the basement. The lower unit is a 3 bedroom, 1 full bath unit with a bonus room overlooking the front yard that could function as a home office or 4th bedroom. The upper unit is a spacious 2 bedroom floor plan with a large eat-in kitchen and living area. Based on the current market, rent for the upper unit could be up to $800/month while the lower unit could command up to $900/month.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Multi-Family

Direction Take Michigan Ave, South on Central St, East on Edward St between Central St and Freer Ave.

Interior

Heating Forced Air

Exterior

Amenities Available Pets Allowed

View Y/N No

Building

Sewer Public

Water Public

Structure Type Vinyl Siding

Schools

School District Detroit

Others

Tax ID W18I001839S

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

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Listed by Nika & Co

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agent

Jared Stout

+1(269) 599-2008

Agent | License ID: 6501411647

Agent License ID: 6501411647

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