2696 Webb Street

Detroit, MI 48206
Square Ft.
3,480
$259,900
INCOME PRODUCING MULTIFAMILY!A;Turnkey income-producing brick Colonial duplex on Detroit's West Side! Excellent cash-flow opportunity with two 3-bed, 1-bath units, both tenant occupied at strong rents. Lower unit at $1,400/mo and upper at $1,500/mo, both month-to-month with tenants paying separate gas and electric.A;A;Features include refinished hardwood floors, natural slate flooring, graniteRead MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of KW Professionals, (734) 459-4700
Listing Snapshot
Days Online
1
Last Updated
Property Type
Multifamily
Square Ft.
3,480
Lot Size
0.11 Acres
Year Built
1926
MLS Number
20261023577

Source: Home Junction

30 Days Snapshot Of 48206
$70k
-30%
(avg) sold price
18
+12%
homes sold
92
+12%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
2 total units, 2 leased units, 2 three-bedroom units, Built in 1926, Architectural style: Colonial, Brick, 3,480 total square feet, 3,480 combined square feet, 1,740 total basement square feet, Unit count: 2
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.11, Lot size dimensions: 40X123.19
Miscellaneous
Gross scheduled income: $34,800, Income projection: Actual, Monthly rental income: $2,900, Net operating income: $33,800, Operating expense: $1,000
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $3,839, Tax amount (winter): $200
Sewer
Sewer (Sewer-Sanitary)
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