661 W FOREST Avenue
Detroit, MI 48201

$1,100,000
Est. Mortgage: $5,340/mo
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Pending
  • 8
    baths
  • 6,198
    sq.ft.
Multi-Family Home

LOCATION LOCATION LOCATION! INCREDIBLE INVESTMENT OPPORTUNITY TO OWN 8 UNIT BUILDING IN THE WAYNE STATE UNIVERSITY AREA! THERE ARE TWO 4BDRM UNITS, TWO 3BDRM UNITS, TWO 2BDRM UNITS AND TWO 1BDRM UNITS! POTENTIAL INCOME OF $10,200+/MONTH! CLASSIC, VINTAGE, FULLY OCCUPIED, NEW ROOF IN 2017, UPDATED FURNACES JUST AROUND THE CORNER FROM THE WSU WELCOME CENTER! DID WE SAY THIS WAS AN INCREDIBLE INVESTMENT OPPORTUNITY? THIS WON'T LAST LONG! BRING YOUR BEST OFFER QUICKLY! CONTACT AGENT FOR YOUR APPOINTMENT TO SEE OR FOR MORE INFORMATION TODAY!

Property Details
  • Detroit
    school district
  • Common Entry Building,Upper/Lower Apartment
    architecture
  • $2,943.00
    taxes
  • 1908
    built
  • 218014790
    MLS#
Electric heat
Forced air heat
Electric water heater
Basement
School district: Detroit
Brick exterior
Lot size: 50.00X110.00
Subdivision: BUTLERS WM A SUB (PLATS)
Lot zoned: Multi-Family
Frontage: 50
Sewer
City water
Units in building(s): 8
Leased units: 8
1 Bedroom units: 2
2 Bedroom units: 2
3 Bedroom units: 4
Total square feet: 6198
Basement square feet: 3099
For sale
Summer tax: 2679.0000
Winter tax: 264.0000
Courtesy of:
Johnson Premier Realty Co

Call (855) 464-2662

855-GO-HANNA
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Name Type GreatSchools
Rating
Distance
Edward 'Duke' Ellington @ Beckham Pre-School, Elementary School, Middle School / Public 2 5.27 mi.
Bates Academy Elementary School, Middle School / Public 5 7.5 mi.
Burton International School Elementary School, Middle School / Public 4 1.03 mi.
Detroit International Academy For Young Women Elementary School, Middle School, High School / Public 2 2.19 mi.
Foreign Language Immersion And Cultural Studies Elementary School, Middle School / Public 4 7.89 mi.
Spain Elementary-Middle School Elementary School, Middle School / Public 2 0.86 mi.
Clippert Academy Middle School / Public 2 2.66 mi.
Douglass Academy For Young Men Middle School, High School / Public 1 0.79 mi.
Ludington Magnet Middle School Middle School / Public 2 11.43 mi.
Cass Technical High School High School / Public 6 1.05 mi.
Communication And Media Arts High School High School / Public 4 7.64 mi.
Detroit School of Arts High School / Public 3 0.46 mi.
King High School High School / Public 3 2.83 mi.
Address Distance Sale date Sale price
51 E WARREN AVE 0.48 mi. 1/19/2018 $5,088,000
3739 CASS AVE 0.48 mi. 8/31/2016 $150,000
3729 CASS AVE 0.49 mi. 8/31/2016 $150,000
100 FARNSWORTH ST 0.49 mi. 1/19/2018 $5,088,000
4238 TRUMBULL ST 0.5 mi. 12/2/2016 $10,000
4232 TRUMBULL ST 0.5 mi. 12/2/2016 $10,000
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{"markerType": "Sold", "lat": "42.357856", "lng": "-83.062848", "Address": "51 E WARREN AVE", "City": "DETROIT", "StateProv": "MI", "ZipCode": "48201"}
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{"markerType": "Sold", "lat": "42.358279", "lng": "-83.063158", "Address": "100 FARNSWORTH ST", "City": "DETROIT", "StateProv": "MI", "ZipCode": "48202"}
{"markerType": "Sold", "lat": "42.347253", "lng": "-83.075537", "Address": "4238 TRUMBULL ST", "City": "DETROIT", "StateProv": "MI", "ZipCode": "48208"}
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The approximate monthly principal & interest payment for this property would be $5,340.28.

This payment is based on a 30-year loan at a fixed rate of 4.500 % - APR 4.573 % with a down payment of $55,000. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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661 W FOREST Avenue, Detroit, MI 48201, 8 bath multi-family home offered for sale at $1,100,000.
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School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.