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About This Home
This 1-bedroom, 0-bathroom residential multi family at 3737 Scovel Place in Detroit, MI is listed for $900,000. Built in 1927, on a 0.15 acres lot.
Great investment opportunity! Newly updated 20 unit occupied apartment building with leases in place in a convenient location. Find your way downtown in less 10 minutes or to midtown in just 5 minutes!The building comes with ample parking in an attached concrete lot directly next to building.
The entire building has been rental certified and has passed lead inspection by the city of Detroit. There are 10 one bedroom units and 10 studio units. The majority of all units have newer flooring, paint, and lighting. All unit doors have are equipped steel doors with keyless/digital entry as well as deadbolt locks.
All units have their own electric meter along with heating and cooling units. Each unit is separately metered. All tenant pay thier own electric bills. All one bedroom units have new furnaces and AC units. Each studio units have new mini-split systems that have heat and AC.
The majority of the plumbing stacks have been replaced. The front door has new hinges and locking mechanism, the back door is an all new steel door. The roof was aluminum seal coated in 2016. The hot water tank was replaced for the entire building in 2016. The entire Building has newer windows. All common areas have new LED light fixtures. A new camera system has been installed throughout the entire building and outside.
Key Features
- Built in 1927
- 0.15 acre lot
- 12 parking spaces
Property Details
Monthly Cost Estimate
$4,813/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3737 Scovel Place
Detroit, MI 48208
Property Details
Construction
Heating
Questions & Answers
This 1-bedroom, 0-bathroom residential multi family at 3737 Scovel Place is listed at $900,000. The estimated monthly payment is $3,900 based on 20% down at 6.5% interest.
Key features include: Built in 1927, 0.15 acre lot, 12 parking spaces.
This property is listed by Ryan Heward and can be reached at 2482514670 or ryan.heward@goldenkeydetroit.com.
