$750,000
For Sale

284 ERSKINE STREET

Detroit, MI 48201
5442 sqft | 8 beds | 4 baths | #20240018650
Browse 53 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Discover A Promising Historic Renovation Opportunity In The Thriving Brush Park Neighborhood. This Well-located Property, Situated In An Opportunity Zone, Is Primed For Development of a Single Family Home, Four Potential Condo Units Or As Income-Generating Rentals. The Property Allows For A Versatile Blend Of Short & Long Term Rental Options. Benefit From Installed Electrical And Gas Infrastructure, A New Roof, And Completed Rough Framing. Alley Access for Parking/ Room to Build Garage or Carriage House. Enjoy Tax Advantages As The Property Falls Within A Qualified Opportunity Zone And May Also Qualify For NEZ Status, Offering Potential Tax Reductions. Seize The Chance To Invest Strategically In Historic Brush Park, One of The Fastest-growing Communities In Detroit, Centrally Located To Key Attractions & Amenities Including Downtown, Entertainment District, Sports Venues, Midtown, DMC, Wayne State University, Eastern Market, Gratiot & Woodward Corridors Making This A Unique & Endless Opportunity.

  • Interior Details
      • CoolingCentral Air
      • HeatingHot Water
    • Beds & Baths
      • Total Baths4.00
      • Bedrooms8
      • Bathrooms4
      • Full Baths4
  • Property Details
      • Exterior FeaturesFenced
    • Measurements
      • Square Feet5442
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1900
  • Community and Neighborhood Details
      • School DistrictDetroit
      • RegionDetroit
      • CountyWayne
  • Financial Details
      • Original List Price$750,000
  • Other
      • MLS #20240018650

Location

Workhorse Realty LLCReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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