Detroit, MI 48203,475 W GOLDEN GATE

$140,500

$150,000

6.3%
Est.Price: ?

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Est. payment /mo

2 Beds

2.5 Baths

2,916 SqFt


SOLD DATE : 02/27/2025

Key Details

Sold Price $140,500

Property Type Multi-Family

Sub Type Colonial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,916 sqft

Price per Sqft $48

Subdivision Grix Home Park Sub Of Ely Pt Of Lots 3 & 4

MLS Listing ID 20240076764

Sold Date 02/27/25

Style Colonial

Bedrooms 2

Full Baths 2

Half Baths 1

Originating Board Realcomp II Ltd

Year Built 1925

Annual Tax Amount $837

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 50.00 x 118.00

Property Sub-Type Colonial

Property Description

AWESOME deal for this RARE Investment opportunity in a highly desirable area across from Palmer Park and the Woodward Corridor. Rock Solid 6 bedroom, 2.5 bath Spacious Brick Duplex. (3 beds, 1 bath each unit). A great Income opportunity for anyone else who might think that being only 10 minutes from the "D" -think Ford Field, Comerica Park, Little Caesars Arena- and just a short walk to Woodward Avenue is an ideal location! Living in one unit while renting out the other provides great financial benefits! Properties are being quickly snatched up and renovated all along the Woodward Corridor, an area that provides renters with convenience and close proximity not only to Downtown Detroit, but to more cool cities like Ferndale, Pleasant Ridge, Royal Oak, and Birmingham and to popular employers like Amazon, the Detroit Medical Center Hospitals, and many other places that close-by access to the Woodward Avenue provides. Currently owner occupied but ready for new tenants in both units after closing. Hardwood floors throughout! Large common basement with one washer and dryer set for common use, 2 access doors to basement, one for each unit. The separate electric and water bills are the only utility bills. The upper unit has a newer electric boiler and the lower unit is heated with space heaters. The refrigerator and stove in the upper unit are included with the sale. The stove, refrigerator and mounted TVs in the lower flat are excluded from the sale.
All showings much be scheduled and accompanied by a licensed Michigan Realtor. Please do not go onto the property or walk around the duplex without an appointment. This classic and spacious Brick Duplex will not last long!

Location

State MI

County Wayne

Area Det 6-8 Grfld-Dequindre

Zoning Residential

Direction Go South of 7 Mile, or North of 6 Mile, East off of Woodward Avenue 1 1/2 blocks, on the South side of street.

Rooms

Basement Unfinished, Walkout Access, Common

Interior

Hot Water Electric

Heating Hot Water

Cooling Ceiling Fan(s), Wall Unit(s)

Fireplace no

Heat Source Electric

Exterior

Garage Spaces 2.0

Road Frontage Paved

Garage yes

Building

Foundation Basement

Sewer Sewer at Street

Architectural Style Colonial

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W01I006378S

Ownership Short Sale - No,Private Owned

Assessment Amount $340

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

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Realcomp MLS
Listed by Janet Trafeli of National Realty Centers, Inc
Bought with EXP Realty Main
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(248) 910-9991

julius.harris@exprealty.com

39555 Orchard Hill Place, Suite 600, Novi, Michigan, 48375

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