Welcome to your investment opportunity just minutes away from the vibrant heart of downtown Detroit! This multifamily property boasts two units, one features 4 bedrooms and 1 bathroom. This one unit features an amazing hidden gem 2 of the bedrooms is Jack and Jill's room. While the other unit has 2 bedrooms and 1 bathroom. Also, the basement has a half bathroom. Last but not least the property has a studio waiting for a buyer to add their touch. Strategically positioned in a prime location, this property is perfect for those considering Airbnb hosting, with the added advantage of an adjacent Airbnb property already in operation, promising a steady stream of potential guests. Discover convenience with a half bathroom located in the basement, providing added functionality and appeal. Additionally, seize the potential of the studio upstairs, equipped with plumbing infrastructure, awaiting the creative touch of an investor to transform it into a lucrative space. Don't miss out on this incredible opportunity! With its desirable features and promising location, this property is sure to attract attention. Act fast and schedule a viewing today before it's gone! BATIVI
Property Details
Property Features
Property Information:
Architectural Style: Duplex
Year Built: 1913
Stories: 2
Living Area: 3,168 SqFt
Listing Office:
Office Name: Front Page Properties
Office Phone: (313) 877-9020
Listing Agent: Jalen James
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 2
Full Bathrooms: 2
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.13 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Other
Directions Information:
Directions: Take West Chicago Blvd West then make a right on Third Street. Take third st south and make a right on Clairmont.
Price Information
Listing Price Info
Price Summary:
List Price: $230,000
Price Per SqFt: $73/SqFt
Tax Information:
Annual Amount: $1,193
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $148.9K more than the Median Sold Price and $2/SqFt more than other homes in Detroit, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240028100
Listing Office:
Office Name: Front Page Properties
Office Phone: (313) 877-9020
Listing Agent: Jalen James
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,215
Per Month
Principal & Interest
$1,148
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$756
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Henry Ford Academy:School For Creative Studies-Ele
10225 3rd St
Distance between this listing and this school0.51 miles
Public Charter Grades KG-5
2
/10
University Preparatory Academy (Psad) Elementary School
435 Amsterdam St
Distance between this listing and this school1.26 miles
Public Charter Grades KG-5
1
/10
University Preparatory Academy (PSAD) Elementary School
957 Holden St
Distance between this listing and this school1.41 miles
Public Charter Grades KG-5
Nearby Schools
1
/10
Barber Elementary School
45 E Buena Vista St
Distance between this listing and this school1.46 miles
Public Charter Grades PK-8
2
/10
Kosciuszko School
2333 Burger St
Distance between this listing and this school1.66 miles
Public District Grades 7-8
3
/10
Holbrook School
2361 Alice St
Distance between this listing and this school1.68 miles
Public District Grades KG-8
Nearby Schools
2
/10
Henry Ford Academy: School for Creative Studies (PSAD)
485 W Milwaukee St
Distance between this listing and this school1.05 miles
Public Charter Grades 6-12
2
/10
Central Collegiate Academy
2425 Tuxedo St
Distance between this listing and this school1.34 miles
Public District Grades 9-12
4
/10
University Preparatory Academy (Psad)-High School
600 Antoinette St
Distance between this listing and this school1.42 miles
The neighbors living near this home have an average income of $30,500. Most Detroit, MI residents have annual incomes less than $35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 681 Clairmount St in Detroit, MI and zip code 48202 in the Midtown neighborhood. This 3,168 square foot home, which was built in 1913, sits on a 0.13 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $230,000.
Detroit, MI housing market in April 2024 saw over 94 listings sold above listed price, more than 89 sold at listed price and over 243 sold below. The number of homes for sale in Detroit, MI increased by 12.7% between March 2024 and April 2024. In April 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $81,036.
From Rocket Homes Real Estate and based on county public records data.