Welcome to your new investment opportunity in the charming neighborhood of LaSalle Gardens in Detroit! This renovated multi-family home offers the best of both worlds: a place to call home and a smart investment opportunity. When you come inside you will notice right away, the new modern finishes and updates throughout. With each unit totally renovated and holding its certificate of occupancy, you can purchase knowing that your investment is in top-notch condition. Located in a prime location, this two-unit home has a total of six bedrooms and two baths, with each unit featuring three bedrooms and one bath. The shared basement space provides ample storage for both units, shared laundry facilities, and side door access making entry into the home from the parking so easy. All this, adding to the convenience and functionality of the property. Outside, you'll find a large fenced-in backyard, plenty of driveway space for off-street parking, and a huge front porch, great for relaxing and getting to know your neighbors Currently, both units are occupied with reliable tenants, providing immediate rental income for savvy investors. However, if you're looking to live in one unit while generating income from the other, this property offers the perfect opportunity to do just that. Investing in Detroit has never been more promising, and this property exemplifies the strength and potential of the market. Whether you're seeking a steady stream of rental income or looking to establish roots in the community, this multi-family home in LaSalle Gardens offers a great investment opportunity. Don't miss out on your chance to own a piece of Detroit's thriving real estate market. Schedule your showing today.
Property Details
Property Features
Property Information:
Year Built: 1923
Listing Office:
Office Name: Elite Realty
Office Phone: (734) 513-2166
Listing Agent: Tracy A Petersen
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Attached Garage: No
Parking: Concrete, Driveway, Paved
Lot Features
Lot Information:
Lot: Sidewalk
Lot Size: 0.12 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: Window Unit(s)
Other
Directions Information:
Directions: Take Linwood south to W. Euclid. Make a left on Euclid. The home is on the south side of the street.
Price Information
Listing Price Info
Price Summary:
List Price: $195,000
Tax Information:
Annual Amount: $824
Tax Year: 2021
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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
3
/10
University Preparatory Academy (PSAD) Elementary School
957 Holden St
Distance between this listing and this school1.40 miles
Public Charter Grades KG-5
5
/10
Henry Ford Academy:School For Creative Studies-Ele
10225 3rd St
Distance between this listing and this school1.44 miles
Public Charter Grades KG-5
4
/10
University Preparatory Academy (Psad) Elementary School
435 Amsterdam St
Distance between this listing and this school1.56 miles
Public Charter Grades KG-5
Nearby Schools
5
/10
George Crockett Academy
4851 14th St
Distance between this listing and this school1.53 miles
Public Charter Grades KG-8
2
/10
Hope Academy
12121 Broadstreet Ave
Distance between this listing and this school1.83 miles
Public Charter Grades KG-8
7
/10
University Preparatory Science and Math (PSAD) Middle School
5100 John R St
Distance between this listing and this school2.17 miles
Public Charter Grades 6-8
Nearby Schools
2
/10
Central Collegiate Academy
2425 Tuxedo St
Distance between this listing and this school1.21 miles
Public District Grades 9-12
2
/10
Henry Ford Academy: School for Creative Studies (PSAD)
485 W Milwaukee St
Distance between this listing and this school1.43 miles
Public Charter Grades 6-12
3
/10
University Preparatory Academy (Psad)-High School
600 Antoinette St
Distance between this listing and this school1.56 miles
The neighbors living near this home have an average income of $38,387. Most Detroit, MI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
This home is located at 2513 W Euclid St in Detroit, MI and zip code 48206 in the Rosa Parks neighborhood. This home, which was built in 1923, sits on a 0.12 acre lot. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $195,000.
In March 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 74 listings were sold at asking price, while more than 224 were sold below. The number of listings in Detroit, MI increased by 10.7% between February 2024 and March 2024. While the average time on the market in March 2024 was 49 days, the median list price was $80,163.
From Rocket Homes Real Estate and based on county public records data.