17342 Warrington Drive, Detroit, MI 48221 2767
17342 Warrington Drive, Detroit, MI 48221 2767
17342 Warrington Drive, Detroit, MI 48221 2767
35
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$350,000
Est. payment /mo
5 Baths
2,673 SqFt
New

17342 Warrington Drive Detroit, MI 48221 2767

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,673 sqft

Price per Sqft $130

Subdivision Mi

MLS Listing ID 61032813

Full Baths 5

Year Built 1928

Annual Tax Amount $8,839

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 38.00 x 100.00

Property Sub-Type Multi-Family

Property Description

A compelling income-producing opportunity in Detroit's University District, offering extensive renovations, established rental income, and additional value-add potential. Currently occupied, the property features two beautifully renovated primary units, each with an open layout, refinished original hardwood floors, solid wood cabinetry, updated bathrooms including an ensuite bath, and dedicated in-unit laundry hookups. Major improvements include new electrical, plumbing, HVAC, water heaters, windows, and roof. The upper residence also extends to a bonus third-floor en-suite with luxurious bathroom. The lower level has been framed and drywalled with a completed bathroom and separate laundry area, providing an opportunity to further maximize the property. Ideally positioned near the University of Detroit Mercy, Marygrove, Livernois Avenue of Fashion, restaurants, shopping, and continued redevelopment along McNichols. An excellent opportunity to acquire a substantially renovated property with rental income already in place and additional upside. One unit is currently leased at $1,700/month through May 31, while the second is leased at $1,800/month on a month-to-month basis.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Residential

Rooms

Basement Partially Finished

Interior

Interior Features Cable/Internet Avail.

Heating Forced Air

Cooling Central A/C

Fireplace No

Exterior

Exterior Feature Brick

Amenities Available Laundry Facility

Building

Foundation Basement

Water Public Water at Street

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by @properties Christie's Int'l R.E. Birmingham

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Jody Kosanke

Jody Kosanke

Realtor

+1(586) 770-6977

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17342 Warrington Drive