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Detroit, MI 48224,5541 & 5543 Balfour Street
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Detroit, MI 48224,5541 & 5543 Balfour Street
Detroit, MI 48224,5541 & 5543 Balfour Street
Detroit, MI 48224,5541 & 5543 Balfour Street
Detroit, MI 48224,5541 & 5543 Balfour Street
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AMY SHAW

AMY SHAW

+1(517) 610-2896
$ 89,900
Est. payment /mo
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Active

5541 & 5543 Balfour Street Detroit, MI 48224

4 Beds

2 Baths

1,944 SqFt

UPDATED:

12/17/2024 07:08 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,944 sqft

Price per Sqft $46

Subdivision Mi

MLS Listing ID 50161997

Style 2 Story

Bedrooms 4

Full Baths 2

Year Built 1941

Annual Tax Amount $3,631

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 40 x 146

Property Description

Charming 2-Unit Multi-Family Property in Detroit – Great Investment or Conversion Opportunity. This well-maintained 2-unit multi-family home is an ideal investment opportunity or can easily be converted into a spacious single-family residence. Located in an up-and-coming area of Detroit, this property offers convenience and potential for growth. Both units have 2 bedrooms, full bathroom, kitchen and living room. Entry level's inviting living room offers a beautiful fireplace, perfect for cozy evenings. Functional layout offering ample living space in both units. 2 Car detached garage. Shared basement with laundry facility. The home is in a prime location with easy access to major expressways, making commuting to Downtown Detroit, The Points, or St. Clair Shores a breeze. Whether you're looking to capitalize on the rental market or transform it into your dream home, this property offers flexibility and fantastic value in a rapidly growing neighborhood. Don't miss out on this fantastic opportunity to own a property in a high-demand area with so much potential!

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Residential

Rooms

Basement Block

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplaces Type LivRoom Fireplace

Fireplace Yes

Appliance Range/Oven, Refrigerator

Exterior

Exterior Feature Brick

Parking Features Detached Garage

Garage Spaces 2.0

Building

Lot Description Sidewalks

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Bank Owned

SqFt Source Estimated

Energy Description Natural Gas

Financing Cash,Conventional,FHA 203K

MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Innovation Real Estate Specialists Inc.

AMY SHAW

Managing Broker | License ID: 6506046873

+1(517) 610-2896

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5541 & 5543 Balfour Street