$50,000 for Sale

4631 meldrum street, detroit, MI 48207

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Beds 4 Baths 2 2,282 Sqft 0.14 Acres 1 of 3
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Property Description
****Buy and hold, investor special, also Land Contract available*** Great opportunity in a booming neighborhood. Occupancy status is unknown to the seller. No showings. ARV of 240,000. "12.5 million was awarded to Detroit from USDOT and the state of Michigan to make the Gratiot corridor from 8 Mile Road to Downtown Detroit safer. - Sep 25, 2024." Land Cntrt Price: 60,000 / Land DWP: 30,000 / Land Int Rate: 0 / Land Payment: 1,000 / Land Cntrt Term: 30. This is part of a package deal or can be purchased separately. Other 2 from the package are: 18036 Mackay St, Detroit, and 19662 Mitchell St, Detroit. All 3 properties can be purchased as a package deal for 85,000 or on a Land Contract for 100,000 w/ 60,000 and 2,000 a month for 20 months. Total ARV for all 3 is 320,000 plus.
General Information
Sale Price: $50,000
Price/SqFt: $22
Est. Payments: $328
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Status: Active
MLS#: rcomi20240081804
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: more than one subdivision involved
Acres: 0.14
Lot Dimensions: 30.00 x 200.00
Bedrooms:4
Bathrooms:2   (2 full, 0 half)
House Size: 2,282 sq.ft.
Acreage: 0.14 est.
Year Built: 1905
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Bedroom 1: 
Bedroom 2 : 
Bedroom 3: 
Bedroom 4: 
Family Room: 
Greatroom: 
Dinning Room: 
Kitchen: 
Livingroom: 
Pole Buildings: 
Paved Road:  Paved
Garage:  1 Car
Garage Description:  Detached
Construction:  Aluminum
Exterior:  Aluminum
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Heating:  Hot Water
Fuel:  Natural Gas
Waste:  Sewer at Street
Watersource:  Water at Street
Tax, Fees & Legal
Home warranty:  No
Est. Summer Taxes:  $495
Est. Winter Taxes:  $31
Legal Description:  W MELDRUM 1 PETER FISCHERS SUB L23 P26 PLATS, W C R 15/57 N 33.67 FT 7 MALOW BROS SUB L23 P2 PLATS, W C R 15/147 29.5 IRREG


IDX provided courtesy of Realcomp II Ltd. via Oakland Corners and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Hasnat Khan of IKONIK REALTY, Phone: (313) 240-1331
(248) 431-3060 Call Julie Gutman for more information about this property.

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This Home located at
4631 meldrum street, detroit MI 48207
is currently for sale priced at $50,000 and was listed on October, 29, 2024 and has been on the market for 55 days.

4631 meldrum street has 4 bedrooms, 2 bathrooms, and approximately 2,282 square feet. This home is in the detroit school district and has a lot size of 30.00 x 200.00 with 0.14 acres and was built in 1905. 4631 meldrum street is in the 48207 ZIP Code area of detroit.

If you have any question about this property or any others, please don't hesitate to contact me.