$375,000
For Sale

5203 CECIL STREET

Detroit, MI 48210
3688 sqft | 3.5 baths | #20240010957
Browse 44 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Fantastic chance to acquire a 3-unit complex in Detroit with an added bonus of a storefront that's primed for your personalization. Currently gutted, the storefront offers an opportunity to transform it into a studio unit, potentially expanding the complex to a 4-unit property. Comprising two 1-bedroom units and one 2-bedroom unit, this complex promises great income potential in a highly desirable location. Featuring hardwood floors throughout, updated kitchens, and bathrooms, it offers modern amenities. Roof renovations are underway, ensuring structural integrity. This is an As-Is sale, with all buyers required to provide proof of available funds. Serious inquiries welcomed.

  • Interior Details
      • HeatingForced Air, Hot Water
      • CoolingWindow Unit(s)
    • Beds & Baths
      • Total Baths3.10
      • Bathrooms3.5
      • Full Baths3
      • Half Baths1
  • Property Details
      • Exterior FeaturesFenced
    • Measurements
      • Square Feet3688
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1931
  • Community and Neighborhood Details
      • ZoningMulti-Family
      • School DistrictDetroit
      • RegionDetroit
      • CountyWayne
  • Financial Details
      • Original List Price$420,000
  • Other
      • MLS #20240010957

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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