For Sale
$235,000

3417 Longfellow StDetroit, MI 48206

Four-unit brick building, vacant on delivery.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a well-maintained four-unit apartment building located at 3417 Longfellow Street in Detroit, Michigan. Built in 1925 and extensively renovated in 2020, this two-story brick structure offers a total of 2,862 square feet situated on a 0.08-acre lot. The property is zoned for multi-family use (APN: 12002797) and features four units, each boasting two bedrooms and one bathroom. Residents enjoy the convenience of basement storage and laundry capabilities. Currently occupied, the property will be delivered vacant to the new owner, providing immediate potential for rental income generation. This is a prime opportunity for investors seeking a solid return in a growing Detroit neighborhood. The building's recent renovation ensures minimal immediate maintenance needs, allowing for a smooth transition into ownership. The property's location in Wayne County, Michigan, zip code 48206, offers convenient access to local amenities and transportation. This is a rare chance to acquire a well-maintained multifamily property in a desirable location at an attractive asking price of $235,000.

Highlights

  • Well-maintained four-unit apartment building in Detroit, MI.
  • 2,862 sq ft on a 0.08-acre lot, built in 1925, extensively renovated in 2020.
  • Four 2-bed/1-bath units with basement storage and laundry.
  • Currently occupied, to be delivered vacant.
  • Multi-family zoning (APN: 12002797), located in a growing Detroit neighborhood (48206).
  • Asking price: $235,000.

Property Details for 3417 Longfellow St

Property type
Apartment buildings
Square Feet
2,862 SF
Year Built/Renovated
1925/2020
Stories
2
Lot Size (sq. ft)
3,485 SF
Units
4

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3731181
Longitude
-83.1178448
3417 Longfellow St, Detroit, Michigan

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3417 Longfellow St
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