1423 Lakewood Street
Property Description
Multifamily opportunity at 1423 Lakewood in Detroit! This 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!
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $99,900 |
| No. of Units: | 2 |
| Year Built: | 1915 |
| Lot Size: | 2,300.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $49,950 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 2 |
ID: 3yd-REALCOMPMI-20261030037
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout