15 days on rocket

2557 W Mcnichols Rd Unit 23-205, Detroit, MI, 48221

$49,000

Home List Price

$582*

Closing Credit

2 Bedrooms
1 Full Bath
981 SqFt
$50/SqFt
Condo
Schools Nearby

Location

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2557 W Mcnichols Rd Unit 23-205, Detroit$49,000

Buyer Closing Credits

$582*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Parking1 Assigned Space
Year Built1952
HeatingNatural Gas, Radiant, Steam
CoolingCeiling Fan(s), Window Unit(s)
BasementYes
MLS #20240023738
StatusActive

About 2557 W Mcnichols Rd Unit 23-205

Beautifully well maintained Spacious 2 bed room Condo. New Carpet installed last year. Beautiful fixtures, has a Private Balcony. Heat & Water are included in the association fee. Current tenant pays $750 a month. Right by University of Detroit and the University of Mercy. A few Blocks from the freeway, shopping, restaurant's, that are all back to back in the business district on Livernois. Can rent up to $900 in this area. Current tenant pays $750 a month.

Property Details

Property Features

Property Information:

  • Architectural Style: Common Entry Building, Townhouse
  • Year Built: 1952
  • Stories: 2
  • Living Area: 981 SqFt

Listing Office:

  • Office Name: KW Grosse Pointe
  • Office Phone: (313) 886-7239
  • Listing Agent: Roland C Walker III

Interior Features

Interior Information:

  • Appliances: Refrigerator, Microwave
  • Basement: Yes
  • Interior: Cable Available, Other, High Spd Internet Avail

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: 1 Assigned Space

Utilities

Utilities Information:

  • Heating: Natural Gas, Radiant, Steam
  • Cooling: Ceiling Fan(s), Window Unit(s)

Other

Directions Information:

  • Directions: Take the Lodge to Linwood. Take Linwood North to W Mcnichols make right and park on the front or the side of the building

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,000
  • Price Per SqFt: $50/SqFt

HOA Fees:

  • Amount: $395
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

2557 W Mcnichols Rd Unit 23-205 vs Detroit

15 DAYS ON ROCKET

-30 Days

$49,000

-$32K Less

$50/SqFt

-$21 Less

KEY TAKEAWAY

This property is $32K less than the Median Sold Price and $21/SqFt less 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: #20240023738

Listing Office:

  • Office Name: KW Grosse Pointe
  • Office Phone: (313) 886-7239
  • Listing Agent: Roland C Walker III

IDXDisclaimer: 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.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 8:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$707

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$213

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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.

Nearby Schools

school-card-donut-4369527
5
/10
  • Henry Ford Academy:School For Creative Studies-Ele

  • 10225 3rd St

  • 2.76 miles

  • Public Charter Grades KG-5

school-card-donut-4369528
3
/10
  • United Oaks Elementary School

  • 1001 E Harry Ave

  • 3.19 miles

  • Public District Grades KG-5

school-card-donut-4369529
3
/10
  • Dickinson West Elementary School

  • 2333 Burger St

  • 3.37 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,065. The majority of Detroit, MI residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2557 W Mcnichols Rd Unit 23-205

What is the listing price of this property?

The listing price of 2557 W Mcnichols Rd Unit 23-205 property is $49,000.

What type of property is this?

The property 2557 W Mcnichols Rd Unit 23-205 is a condo located in Detroit, Michigan, 48221.

Is this property for sale now?

Active Listing: 2557 W Mcnichols Rd Unit 23-205 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 2557 W Mcnichols Rd Unit 23-205 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2557 W Mcnichols Rd Unit 23-205 is 981 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2557 W Mcnichols Rd Unit 23-205 is 1952.

Rocket HomesMichiganWayne CountyDetroit482212557 W Mcnichols Rd Unit 23-205

This home is located at 2557 W Mcnichols Rd Unit 23-205 in Detroit, MI and zip code 48221 in the McNichols neighborhood. This 981 square foot home was built in 1952. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $49,000.

In April 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 243 sold below and more than 89 were sold right at the asked price. The number of listings in Detroit, MI increased by 12.7% between March 2024 and April 2024. The median list price of listings available in April 2024 was $81,036, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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