Earlier this week, we saw multi-family properties in Woodbridge and Corktown list for $500-600K. Readers weren’t buying. Today we have a three-unit, recently renovated property in Southwest Detroit that comes with a bonus side lot. The price? $275,000.
The house went through a gut renovation in 2015 and since then, the owner has lived in one unit and rented out the other two as successful Airbnb units. The property has all new systems, plus a new furnace, skylight, windows, roof, insulation, fencing, and more.
The house comes in at 2,500 square feet and it’s divided into three units; two have two beds and one bath, and the other is a one bed, one bath loft. The home has new fixtures, hardwood floors, exposed brick, and many original details. It’s fairly close to the new Gordie Howe International Bridge and Historic Fort Wayne, and a few blocks away from West Vernor. It’s listed for sale by owner.
- 1081 North Rademacher Street [Zillow]