32
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$159,900
Est. payment /mo
3 Baths
2,600 SqFt
New
1014 Waterman ST Detroit, MI 48209
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $61
Subdivision Kaiers Sub Of Lts 16 Thru 29
MLS Listing ID 20261074154
Style Duplex
Full Baths 2
Half Baths 1
Year Built 1915
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type MultiFamily
Property Description
INVESTOR SPECIAL – HUGE VALUE-ADD OPPORTUNITY! This 2-unit multifamily duplex is priced to sell at $159,900 and ready for someone with vision to bring it back to life. Both units are in need of TLC and updating, making this an excellent opportunity for an investor looking to renovate, build equity, and maximize future rental or resale potential.
Priced approximately 20–30% below updated multifamily properties in the area, there is plenty of room to add value through improvements. Renovate and hold for rental income, explore a house-hack opportunity, or reposition for resale. Bring your contractor, your creativity, and your vision — the potential is here! A great opportunity to breathe new life into this property and turn it into something special.
Priced approximately 20–30% below updated multifamily properties in the area, there is plenty of room to add value through improvements. Renovate and hold for rental income, explore a house-hack opportunity, or reposition for resale. Bring your contractor, your creativity, and your vision — the potential is here! A great opportunity to breathe new life into this property and turn it into something special.
Location
State MI
County Wayne
Area Area05101Detsouthofgrandriver
Rooms
Basement Unfinished
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Poured
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Yes
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Listed by Candace Kiminaia Sawa of ICON Realty Experts, LLC
NEARBY SCHOOL & BUSINESS
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