Pending

3250 W 7 MILE Road

Detroit MI, 48221

$230,000


$72.24 per sqft

Pending

4 Beds

2 Baths

3,184 sqft

Residential

Discover an investor's dream with this extraordinary opportunity to own a duplex located in the highly sought-after historic Sherwood Forest. This unique property presents a genuine duplex configuration, offering each tenant exclusive access through private entrances at both the front and rear of the house, complete with separate basements for added privacy. Inside, each unit boasts the elegance of natural hardwood flooring throughout, encompassing every room except the kitchen, bathroom and foyer areas. While each unit features a single bathroom, the basements are equipped with toilet facilities, opening up the potential to enhance value by incorporating half baths in each basement. Situated within a security patrolled community, the property is conveniently located just minutes away from the local police station, ensuring peace of mind. Moreover, you'll be within walking distance of the blossoming Avenue of Fashion, the esteemed Detroit Golf Club, a diverse selection of popular dining establishments, the convenience of Mike's Fresh Market, and a host of other amenities. Residents will relish the opportunity to enjoy leisurely strolls with their canine companions or provide their children with a vibrant outdoor space for play in both Palmer Park and Hyde Park. Nature enthusiasts will also appreciate the hiking and biking trails available in Palmer Park. Notably, while the adjacent lot is owned by the Detroit Land Bank, both the current and previous property owner have successfully utilized the lot, as attested by the seller. The units primarily require cosmetic updates in regards to most of the work needed, with 3254 benefiting from additional attention in the kitchen and basement areas compared to 3250. Seize this unmissable investment prospect that awaits you. Explore the smart designed floor plan to gain a clearer visualization of the layout for both units. Your gateway to a rewarding investment opportunity awaits! Information is deemed reliable but is not guaranteed. All offers will be considered.

20230070528

MLS ID

August 21, 2023

Listed

November 28, 2023

Updated

Map

3250 W 7 MILE Road
Detroit MI, 48221

Interior Features

Bedrooms

4 Beds


Bathrooms

2 Baths


Interior Features

Circuit Breakers, Other, Programmable Thermostat


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Window Unit(s)


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.18 acres


Exterior Features

Lighting, Security Patrol


Lot Features

Wooded


Architectual Style

Colonial, Historic


Roof

Asphalt


Sewer

Public Sewer (Sewer-Sanitary)

School Information

School District

Detroit

Other Property Details

Area Name

Det 6-8 Grfld-Dequindre


Taxes

$1,511


Tax Frequency

Annually


Days on Market

99


Association Fee Frequency

Yearly


Association Amenities

Snow Removal, Security


Garage

Yes


Garage Spaces

3


Parking

Yes


View

No


County

Wayne


Water Source

Public (Municipal)


Pool

No


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

11/28/2023

Pending

10/15/2023

Price Change

$230,000

-7%

9/8/2023

Price Change

$245,000

-11%

 

Courtesy of Max Broock Realtors

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Austin Black II shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Originating MLS:
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Data last updated 8:04 PM UTC, 11/28/2023

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