2480 Calvert Street Detroit, MI $ 180,000
2480 Calvert Street
$ 180,000
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2480 Calvert Street

Detroit, MI, 48206
$ 180,000
Bedrooms7 Baths3.1 Sq 3,750

Monthly Estimate*

$ 1,196

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Multi-Family Home for sale in Detroit, MI

for $180,000 with 7 bedrooms and 3 full baths, 1 half bath. This 3,750 square foot home was built in 1924 on a lot size of 0.11.

Welcome to 2480 Calvert, located in the up-and-coming city of Detroit, MI. This TURNKEY investment property is a rare find, offering the perfect opportunity for savvy investors looking to add to their portfolio. Situated near the prestigious Boston Edison district, this property is already a gem in the making. Featuring a total of three units, all of the heavy rehab work has already been taken care of, allowing you to start making money from day one. One unit is already filled, showcasing the high demand for rental properties in the area. With an average ARV of $200,000, this property has immense potential for growth and appreciation in value. Rental rates in the area are averaging at an impressive $2,650 per month for all three units once fully occupied. This means you have the opportunity to increase your profits significantly by filling the remaining vacant unit. With a little bit of effort, you can maximize your returns and enjoy a steady stream of rental income for years to come. Don't miss out on this fantastic opportunity to own a piece of Detroit's real estate market. Take advantage of the thriving rental market and start reaping the benefits of owning a profitable investment property. Schedule a viewing today and see for yourself the potential that 2480 Calvert has to offer. BATVAI

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Multi-Family Active

Price

$ 180,000

Bedrooms

7

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 2,889

Style

Colonial

Lot Size

0.11

Year Built

1924

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240027464

Features
Interior
Heating Fuel Natural Gas
Basement Y/N 1
Total Units 3
Fireplace 0
Street Suffix Street
Total Baths 3.10
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Hot Water
Possession At Close
Pets Allowed Call
Zoning Multi-Family
Pool Y/N 0
Full Baths 3
Half Baths 1
Year Built 1924
Property Type Multifamily
Subdivision Name JOY FARM (ALSO P39 PLATS)
Transaction Type Sale
Basement Type Unfinished
Status Active
Short Sale No
Parking Total 2
Construction Materials Brick
Cumulative Days on Market 41
MLS Area Det: Livernois-I75 6-Gd River
Directions Chicago to Linwood to Calvert
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Down Payment Resource 1
Ownership Status Short Sale - No Private Owned
Street Name CALVERT
Homestead 0
Assessment 340.00
Total Sq Ft 3750
DOM 41
Taxes 2889.0000
Legal Description N CALVERT 1273 JOY FARM SUB L32 P39-40 PLATS W C R 10/99 35 X 138.43A
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Exterior
Waterfront 0
Lot Size Area 0.11
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions 35.00 x 138.00
Garage Y/N 1
Architecture Level 3 Story
Architecture Style Colonial
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Joseph A Fortuna

Listing Agent

Fortuna & Associates Real Estate Services Llc

Broker

(586) 615-2868

Phone

Affordability Calculator

$1,437
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,196
Monthly Property Taxes
$241
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/26/2024$180,000 Listed Price

Map


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2480 Calvert Street, Detroit, MI, 48206 is a Multi-Family Home for sale at $180,000 with 3,750 sqft and a lot size of 0.11. 2480 Calvert Street has 7 bedrooms, 3.1 baths, and was built in 1924. The property's zip code is 48206 which is in Detroit, MI