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Buildings By Owner | Buy, Sell & Lease Commercial Real Estate. Privately.
Home For Sale Michigan Detroit 2611
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Multiplex For Sale By Owner

4-Plex in the Delray area Price to sale today

217 S Fortune St, Detroit, Michigan 48209 United States

Iam leaving the State in less than 72 hours, so I price this four plex for lennies for fast sale. Said sale will be by quick claim deed. This four plex has four one bedroom units. But, I had started to turn it into a two unit featuring three bedrooms each. This home only needs a clean up. There was tenants living in all of the units less than four weeks ago. Can easy be turn back into the four plex. I Started working on the units but have ran out of time. I have to be back in California by May 1 of 2013. "MUST SEE TO APPRECIATE"
Things that has been done:
I removed a wall to turn this into a two unit
all four kitchen and bathrooms are still attached
All four entrance doors are still attached.
I rewire the home last week
I placed a trash container there to removed the trash
I painted the upper unit
I removed the carpet and started to remove the tiles from the floors (I had planed to sand the floors and make them wooden floors
Things that need to be done

To keep as a four unit put up a sheet of dry walls (cost about $50.00
Sand the floors or place carpet on the floors (You can rent a floor sander for ($40.00 for 24 hours at lowest home improvement for 24 hours)
Put a new pouch or rail up for the upper unit
Paint the lower units
clean the trash from the basement and back of the stair way

There are $1,100.00 in back taxes due for this year
There is a $400.00 water bill due
This home needs minor repairs. It is located in the delaray areaand is price to sale. I received about 10 calls per day on prospect tenants this home could bring in $1800 per month income as a four unit or $1100 as a two unit.
The home has four furnace working great was checked out two weeks ago by a lic heat and cooling company and four hot water heater
sits on a arce of land fence In. This deal is a steal first come first serve

Price: $950
Property Sub-Type: Multiplex
Listing ID: 2611

Map of: 217 S Fortune St, Detroit, Michigan 48209 United States

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