For Sale
$99,000

5393 Seebaldt StDetroit, MI 48204

Renovation Project, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a two-unit duplex located at 5393 Seebaldt St, Detroit, MI 48204. The property, built in 1923 and boasting a total of 2,020 square feet, offers a blend of completed and unfinished renovations. One unit is move-in ready, featuring a tasteful renovation with modern finishes, including two bedrooms and one bathroom. The second unit requires completion of electrical work, flooring, and some finishing touches. Both units currently lack heating systems. The exterior is attractively clad in Hardie siding. This property is situated in a revitalizing neighborhood, close to Downtown Detroit, Henry Ford Hospital, major freeways, and W Grand Blvd, providing unparalleled convenience and access to key amenities. The asking price is $99,000, representing a fantastic opportunity for an investor to add value by completing the renovations and capitalizing on the strong rental demand in this desirable location. The property is sold as-is, and the buyer is responsible for conducting their own due diligence. This is a unique chance to acquire a multifamily property with significant upside potential in a rapidly developing area of Detroit. The solid block construction and the progress already made on the renovations make this a compelling investment prospect.

Highlights

  • Two-unit duplex in Detroit, MI, totaling 2,020 sq ft.
  • One unit is fully renovated with modern finishes, featuring two bedrooms and one bathroom; the second unit requires finishing work (electrical, flooring).
  • Both units lack heating systems.
  • Exterior features Hardie siding.
  • Located near Downtown Detroit, Henry Ford Hospital, major freeways, and W Grand Blvd.
  • Asking price: $99,000.

Property Details for 5393 Seebaldt St

Property type
Residential income homes
Square Feet
2,020 SF
Year Built
1923

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.352805268869
Longitude
-83.125629653191
5393 Seebaldt St, Detroit, Michigan

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5393 Seebaldt St
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