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2405 FIELD Street Detroit, MI 48214
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Key Details
Sold Price $275,000
Property Type Multi-Family
Sub Type Victorian
Listing Status Sold
Purchase Type For Sale
Square Footage 4,646 sqft
Price per Sqft $59
Subdivision Frontenac
MLS Listing ID 20240083101
Sold Date 01/06/25
Style Victorian
Bedrooms 4
Full Baths 3
Half Baths 1
Year Built 1914
Annual Tax Amount $340
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 45.00 x 150.00
Property Sub-Type Victorian
Source Realcomp II Ltd
Property Description
Welcome to 2405 Field – A Unique Income-Generating Triplex in Detroit's Thriving Islandview Neighborhood!
Discover an extraordinary investment opportunity with this distinctive triplex, boasting four units across three levels in the sought-after Islandview area, right next to the historic Indian Village. This property is designed to attract long-term tenants, making it an ideal addition to any real estate portfolio.
Property features:
One spacious 2-bedroom, 1-bathroom unit
Two 1-bedroom units with a shared "boarding school" style bathroom, maximizing functionality
One 3-bedroom, 1-bathroom unit for additional rental potential
Recent improvements ensure peace of mind for future ownership, including a new roof installed in August 2023 and a 7-year-old boiler and hot water tank. Located in an area experiencing growth and revitalization, 2405 Field offers a promising investment in a burgeoning community with increasing demand.
Don't miss your chance to secure a high-potential asset in an exciting Detroit neighborhood. BATVAI
Location
State MI
County Wayne
Area Det Woodward-Mcclellan/So Mack
Zoning Residential
Direction Gratiot to Vernor turn left at Field
Rooms
Basement Partially Finished
Interior
Hot Water Common
Heating Other, Radiant
Fireplace no
Exterior
Garage Spaces 3.0
Road Frontage Paved
Garage yes
Private Pool No
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Architectural Style Victorian
Level or Stories 3 Story
Structure Type Aluminum,Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W15I007440S
Ownership Short Sale - No,Private Owned
Assessment Amount $340
Acceptable Financing Cash, Conventional, FHA 203K, Warranty Deed
Listing Terms Cash, Conventional, FHA 203K, Warranty Deed
Financing Cash,Conventional,FHA 203K,Warranty Deed
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Bought with Berkshire Hathaway HomeServices The Loft Warehouse