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3918 Lillibridge Street Detroit, MI 48214
2 Baths
3,049 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261025043
Year Built 1923
Annual Tax Amount $966
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 30X102.86
Source Realcomp
Property Description
Land contract available with flexible terms at a higher purchase price! Multi-family property featuring two 2 bed / 1 bath units, each with a basement. Property is currently livable but in need of a full renovation throughout. Major updates required including siding, windows, roof, and mechanicals. No existing furnace or hot water tanks. Upstairs unit is currently tenant-occupied paying $300 monthly. Property has a total "projected" annual income of $24,000. Strong value-add opportunity for investor looking to reposition or fully rehab. Property being sold as-is.Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction. Closing will be conducted via contract assignment or double closing, with preference given to assignment. Seller to provide marketable title at closing. Title commitment available. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including transfer taxes, title insurance, closing fees. Sold AS IS - Buyer to verify all information listed.
Location
State MI
County Wayne
Zoning Residential
Direction E of Cadillac/N of Mack
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Public
Structure Type Wood Siding
Schools
School District Detroit
Others
Tax ID W21I042732S
Acceptable Financing Cash, Land Contract
Listing Terms Cash, Land Contract
Listed by Wise Property Buyers
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