INVESTMENT GEM! – (4766 Commonwealth St)

  • $1,200,000
4766 Commonwealth St, Detroit, MI 48208
  • Multi-Family
  • Property Type
  • 16
  • Bedrooms
  • 8
  • Bathrooms
  • 7264
  • sf
  • 1911
  • Year Built
For Sale
4766 Commonwealth St, Detroit, MI 48208
  • $1,200,000

Overview

  • Multi-Family
  • Property Type
  • 16
  • Bedrooms
  • 8
  • Bathrooms
  • 7264
  • sf
  • 1911
  • Year Built

Description

Neighborhood NEXT | Investment Gem Global Real Estate Consulting is proud to present 4766 Commonwealth Apartments. Two beautiful brownstone quad (4 Unit) buildings located in the historical Woodbridge neighborhood. Rare opportunity to own one of these two-quad properties. These twin grand dames have stood majestically in this well manicured neighborhood since 1911 and has been under the same ownership for over 40 years. Professionally managed. Two of the 8 units have been utilized as one townhouse and await your creative remodeling to transform it into a high demand, large luxury apartment unit or be converted back to two separate units. Central and convenient to lifestyle ammenities and entertainment, makes this location a top pick for tenants. Just . 5 miles to Wayne State University, 1.4 miles to Motorcity Casino, 1.5 miles to Midtown, 1.6 Mile to Corktown, , 1.7 Miles to Whole Food Market, 1.8 Mile to Starbucks, 2.1 miles to Little Caesars Area, 2.3 miles to Downtown Detroit, 2.4 miles to Comerica Park, 2.5 miles to Campus Martius Park, 3.8 Miles to Eastern Market, just to name a few. There is one vacant unit and the one modified unit which are available to tour. Proof of purchasing power (approved Mortgage letter or bank statements for cash buyers) is required BEFORE a tour will be confirmed. Tour Requires a Licensed MI Agent. Income projections are based on full occupancy.

  • Address 4766 Commonwealth St, Detroit, MI 48208
  • City Detroit
  • State/county MI

Details

Updated on January 15, 2023 at 10:28 pm
  • Price: $1,200,000
  • Property Size: 7264 sf
  • Bedrooms: 16
  • Bathrooms: 8
  • Year Built: 1911
  • Property Type: Multi-Family
  • Property Status: For Sale

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