$50,000 for Sale

4631 meldrum street, detroit, MI 48207

Beds 4 Baths 2 2,282 Sqft 0.14 Acres 1 of 1
0
Property Description
****Buy and hold, investor special, also Land Contract available*** Great opportunity in a booming neighborhood. Occupancy status is unknown to the seller. No showings. ARV of 240,000. "12.5 million was awarded to Detroit from USDOT and the state of Michigan to make the Gratiot corridor from 8 Mile Road to Downtown Detroit safer. - Sep 25, 2024." Land Cntrt Price: 60,000 / Land DWP: 30,000 / Land Int Rate: 0 / Land Payment: 1,000 / Land Cntrt Term: 30. This is part of a package deal or can be purchased separately. Other 2 from the package are: 18036 Mackay St, Detroit, and 19662 Mitchell St, Detroit. All 3 properties can be purchased as a package deal for 85,000 or on a Land Contract for 100,000 w/ 60,000 and 2,000 a month for 20 months. Total ARV for all 3 is 320,000 plus.
General Information
Sale Price: $50,000
Price/SqFt: $22
Est. Payments: $234*
Status: Active
MLS#: rcomi20240081804
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: more than one subdivision involved
Acres: 0.14
Lot Dimensions: 30.00 x 200.00
Bedrooms:4
Bathrooms:2   (2 full, 0 half)
House Size: 2,282 sq.ft.
Acreage: 0.14 est.
Year Built: 1905
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Paved Road:  Paved
Garage:  1 Car
Garage Description:  Detached
Construction:  Aluminum
Exterior:  Aluminum
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Heating:  Hot Water
Fuel:  Natural Gas
Waste:  Sewer at Street
Watersource:  Water at Street
Tax, Fees & Legal
Home warranty:  No
Est. Summer Taxes:  $495
Est. Winter Taxes:  $31
Legal Description:  W MELDRUM 1 PETER FISCHERS SUB L23 P26 PLATS, W C R 15/57 N 33.67 FT 7 MALOW BROS SUB L23 P2 PLATS, W C R 15/147 29.5 IRREG
Map


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Hasnat Khan of IKONIK REALTY

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This Single-Family Home located at
4631 meldrum street, detroit MI, 48207
is currently for sale. This property is listed for $50,000.
For Sale | $50,000 | 4 Bed, 2 Bath | 2,282 Sq Ft MLS ID rcomi20240081804
4631 meldrum street has 4 bedrooms, approximately 2,282 square feet. This home is in the detroit school district and has a lot size of 30.00 x 200.00 with 0.14 acres and was built in 1905. 4631 meldrum street is in detroit and in ZIP Code 48207 area.
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