8450 3RD Street
Detroit, MI 48202

$89,000
Est. Mortgage: $432/mo
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Active
  • 1
    bed
  • 1
    partial bath
  • 1,451
    sq.ft.
Single Family Home

Development opportunity. Close to Boston Edison, New Center and the Q-Line. Former service station. All gas tanks were removed in 1965 according to the Detroit Fire Department. The property is zoned R5 (Medium Density Residential) and has current legal land use permitted as "carry out restaurant" since 1984. The structure requires full rehab. Bedrooms, baths and kitchen sizes are estimates only and do not exist. Incredible location for single family or multi family development option's. Architectural rendering's under photo's showcase one option as a single family home, easily adding a second floor would then become a 2 family unit. Seller is a licensed real estate agent. Land Contract terms are available.

Property Details
  • Detroit
    school district
  • Other
    architecture
  • $776.00
    taxes
  • 1932
    built
  • 218002576
    MLS#
Slab Foundation
School district: Detroit
No garage
Brick exterior
Corner lot
Lot size: 50.00X122.00
Subdivision: MACKS SUB OF S 1/2 OF LOT 2 OF 1/4 SEC 45
Frontage: 122
Sewer
City water
Total square feet: 1451
For sale
Summer tax: 486.0000
Winter tax: 290.0000
Bedroom 1 is 10 x 10
Bedroom 1 Level: Entry
Kitchen is 11 x 13
Kitchen Level: Entry
Number of rooms: 4
Courtesy of:
City Living Detroit

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Name Type GreatSchools
Rating
Distance
Edward 'Duke' Ellington @ Beckham Pre-School, Elementary School, Middle School / Public 2 4.99 mi.
Bates Academy Elementary School, Middle School / Public 5 5.78 mi.
Detroit International Academy For Young Women Elementary School, Middle School, High School / Public 2 0.55 mi.
Foreign Language Immersion And Cultural Studies Elementary School, Middle School / Public 4 6.39 mi.
Spain Elementary-Middle School Elementary School, Middle School / Public 2 2.38 mi.
Thirkell Elementary School Elementary School / Public 1 0.93 mi.
Clippert Academy Middle School / Public 2 3.86 mi.
Douglass Academy For Young Men Middle School, High School / Public 1 1.82 mi.
Ludington Magnet Middle School Middle School / Public 2 10.06 mi.
Cass Technical High School High School / Public 6 2.84 mi.
Communication And Media Arts High School High School / Public 4 6.37 mi.
Detroit School of Arts High School / Public 3 2.19 mi.
Address Distance Sale date Sale price
59 HENRY Street 2.89 mi. 5/12/2017 $103,000
7610 MILLER Road 4.64 mi. 8/8/2017 $90,000
6950 MANOR Street 4.75 mi. 8/16/2018 $63,000
1820 MILTON AVE 5.15 mi. 7/14/2018 $72,500
3507 WASMUND Avenue 5.28 mi. 6/30/2017 $65,000
386 W MILTON Avenue 5.3 mi. 8/8/2017 $85,386
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{"markerType": "Sold", "lat": "42.34004", "lng": "-83.05434", "Address": "59 HENRY Street", "City": "Belleville", "StateProv": "MI", "ZipCode": "48111"}
{"markerType": "Sold", "lat": "42.34816", "lng": "-83.16696", "Address": "7610 MILLER Road", "City": "Dearborn", "StateProv": "MI", "ZipCode": "48126"}
{"markerType": "Sold", "lat": "42.34236", "lng": "-83.16547", "Address": "6950 MANOR Street", "City": "Dearborn", "StateProv": "MI", "ZipCode": "48126"}
{"markerType": "Sold", "lat": "42.45014", "lng": "-83.08434", "Address": "1820 MILTON AVE", "City": "Hazel Park", "StateProv": "MI", "ZipCode": "48030"}
{"markerType": "Sold", "lat": "42.45117", "lng": "-83.06893", "Address": "3507 WASMUND Avenue", "City": "Warren", "StateProv": "MI", "ZipCode": "48091"}
{"markerType": "Sold", "lat": "42.45013", "lng": "-83.10827", "Address": "386 W MILTON Avenue", "City": "Hazel Park", "StateProv": "MI", "ZipCode": "48030"}
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The approximate monthly principal & interest payment for this property would be $432.08.

This payment is based on a 30-year loan at a fixed rate of 4.500 % - APR 4.573 % with a down payment of $4,450. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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8450 3RD Street, Detroit, MI 48202 is a 1 bedroom, 1.5 bath single family home offered for sale at $89,000.
Provided through IDX through Realcomp II Ltd. Courtesy of Howard Hanna Real Estate Services
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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.