REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 99,900
Est. payment /mo
New
1423 Lakewood Street Detroit, MI 48215
2 Baths
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261030037
HOA Y/N true
Year Built 1915
Annual Tax Amount $1,447
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 60X123
Source Realcomp
Property Description
Turnkey multifamily opportunity at 1423 Lakewood in Detroit! This well-maintained property features two spacious units, each offering 3 bedrooms and 1 full bathroom, A full kitchen, living room and dining room making it ideal for both investors and owner-occupants.The property includes a shared basement, providing additional storage and utility space for tenants. Outside, you'll find a large driveway with ample parking along with two separate garages—a 2.5-car garage and an additional 1.5-car garage, a rare and valuable feature for rental properties.Situated on two parcels of land, this property offers added flexibility and long-term potential for expansion or increased value. Conveniently located near major roads, shopping, and local amenities, this is a strong income-producing asset with room to grow.**Second floor unit's address is 1427 Lakewood St, Detroit, MI 48215****Second parcel included is 1407 Lakewood St, Detroit, MI 48215**Don't miss out on this versatile Detroit investment opportunity!
Location
State MI
County Wayne
Zoning Residential
Direction SE of Kercheval Ave and SW Chalmers St
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I054913C4
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Listed by EXP Realty Main