About This Home
This 8-bedroom, 4-bathroom residential multi family at 5312 Maxwell Street in Detroit, MI is listed for $89,500 ($19 per sqft). Built in 1914, the home offers 4,792 sqft of living space on a 0.11 acres lot.
Key Features
- Built in 1914
- 0.11 acre lot
- 2 stories
Property Details
Price reduction! Very motivated seller. Excellent opportunity to acquire a spacious 4-unit multifamily property located just minutes from Downtown Detroit, major freeways, shopping, dining, and entertainment. Situated in an area experiencing continued investment and development, this property offers strong long-term potential for the right buyer.
The building provides generous square footage and is ready for renovation and updates. The corner lot is included in the sale. Ideal for those looking to add value and build equity in Detroit's evolving real estate market. With a solid layout and multi-unit configuration, this property presents a compelling opportunity to create income-producing potential. The Agent is related to the Seller. Back on the market due to the buyer's financing contingency not being satisfied. No fault of seller..
Monthly Cost Estimate
$479/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5312 Maxwell Street
Detroit, MI 48213
Currys Cook Farm Sub
Property Details
Heating
Questions & Answers
This 8-bedroom, 4-bathroom residential multi family at 5312 Maxwell Street is listed at $89,500 ($19/sqft). The estimated monthly payment is $479 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1914, 0.11 acre lot, 2 stories.
This property is listed by Shafina Barnett Wiggens and can be reached at 3137482869.
