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5832 2ND Avenue

$ 899,900
5832 2ND AVE ,
41
Active

Description

BASKETBALL LOVER’S DREAM! A rare find in hottest area just 3 blocks s/o new DETROIT PISTON’S PERFORMANCE CENTER in MIDTOWN! This former Emma A Fox residence is ideal for a $1+million 2-unit condo conversion, single/multi-family! SD-2 zoning makes many uses possible (residential, long- or short-term rental (Air BnB), hostel, fraternity/sorority house, group home, single room occupancy, live-work, mixed-use, office, co-work (shared) facility, retail, art gallery, cafe, restaurant, etc.) Perfect location, lots of space (4,723 sf) on Wayne State U campus, walking distance to cultural center, Tech Town, New Center, Q-LINE (M-1) Rail, bus line in front, rental scooters/bicycles. Features: 2.5 stories, 2 units (Lower 1-story, 2/2.5, 1779 sf), (Upper 1.5-story, 5/3, 2944 sf), solid triple brick, many french doors, 2-fireplaces, 12 rms, 5.5 baths, 2 kits, tons of storage, steam heat, bsmt walk-out, and glass block windows. All offers considered. Accepted offer showings only. Broker-owned.

Address: 5832 2ND AVE
City:
State/County:
Zip: 48202
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Property Id : 26484
Price: $ 899,900
Bedrooms: 2
Bathrooms: 5.1
Building size: 0.11 acres
Available Space: 4723 sq.ft.
Active Openhouse Count: 0
Architecture Level: 3 Story
Architecture Style: Upper/Lower Apartment
Assessment: 100
Basement Type: Private,Walkout Access
Baths Full: 5
Baths Half: 1
CDOM: 10
Construction Materials: Brick
County Or Parish: Wayne
Cooling: Ceiling Fan(s),Window Unit(s)
Deposit Amount: 249000.00
Directions: East or West Grand Blvd to 2nd Ave, then south 5-6 blocks to property
Directions From EastWest: W
Directions From EastWest Detail: Woodward Ave
Directions From NorthSouth: S
Directions From NorthSouth Detail: West Grand Blvd
DOM: 10
Exterior Features: Fenced,Outside Lighting
Foundation Details: Basement
Foundation Materials: Brick
Frontage Feet: 40
Gross Scheduled Income: 0.00
Heating: Steam
Heating Fuel: Natural Gas
Income Projection: Actual
Interior Features: Cable Available,High Spd Internet Avail,Laundry Facility,Programmable Thermostat,Security Alarm (owned)
Land Interest Rate: 5
Land Payment: 4349
Land Terms: 180
Last Change Type: Price Increase
List Office Name: Amazing Real Estate Solutions
List Price By Acre: 8180909.0909
Lock Box Type: Appointment
Living Area Source: Appraiser
Lot Size Dimensions: 40 x 165
MLS: Realcomp II Ltd
MLS Area Major: Det: Livernois-I75 6-Gd River
MLS Area Major Number: 05043
MLS Number: 219103849
MF Parking: On Street,Paved,Unassigned/General
Monthly Rental Income: 0
Number Of Units Leased: 0
Annual Net Income: 0.00
Number Of Units Total: 2
Original List Price: 799000.00
Ownership Status: Short Sale - No
Parcel Number: W02I002425S
Postal City: Detroit
Postal Code Plus 4: 3624
Property Type: Multifamily
Protection Period: 90
Parking Total: 5
Pets Allowed: Yes
Porch Type: Balcony,Porch
Road Frontage Type: Paved,Private,Pub. Sidewalk
Roof Material: Asphalt
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
Side Of Street: E
State Equalized Value: 10500.0000
Street Name: 2ND
Street Number: 5832
Street Suffix: Avenue
Subdivision Name: MANDLEBAUMS SUB OF OL 11 7
Sqft Combined: 4723
Sqft Total Bsmt: 1779
Table: Multi Family
Tax Amount Summer: 1252.0000
Tax Amount Winter: 163.0000
Tax Legal Description: E SECOND BLVD S 30 FT 7 & N 1/2 OF VAC ALLEYS & ADJ EXC FORD EXPWAY AS OP MANDLEBAUMS SUB L2 P8 PLATS, W C R 2/62 40 IRR
Title: Broker/Agent Owned
Total Tax: 1415.0000
Unit Count: 2
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 1
Unit Loft Number Of: 0
Unit One Bed Number Of: 0
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 1
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1914
Year Remodeled: 1999
Zoning: Multiple
Customer Comment: Yes
Encroachment: No
Exclusions: No
Existing Lease: No
Inventory List: No
Land Contract: Yes
Legal Rental Certified: No
Publish Sale Price: Yes
Restrictions: No
Waterfront: No
Zone Conform: Yes
Basement: Yes
Down Payment Resource: No
Percent Homestead Exempt: No
Pool: No
IDX provided courtesy of Realcomp II Ltd., via Amazing Real Estate Solutions and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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