405 Newport Street

Detroit, MI 48215
Square Ft.
2,500
$200,000
Great time to buy this beautiful muti-unit with 3 bedroom each unit in Jefferson/Chalmers area, owner has maintained property very well. Live in one unit & rent one unit out to cover monthly expenses. BATVAI.
Provided through IDX through Realcomp II Ltd. Courtesy of Realtyflo Inc, (313) 466-7253.
Listing Snapshot
Days Online
7
Last Updated
Property Type
Multifamily
Square Ft.
2,500
Lot Size
0.11 Acres
Year Built
1925
MLS Number
20261021431
30 Days Snapshot Of 48215
$36k
-78%
(avg) sold price
3
-40%
homes sold
62
-62%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Partially Finished, Basement?: 1
Building
2 total units, 2 three-bedroom units, Built in 1925, Architectural style: Colonial, Brick, 2,500 total square feet, 3,750 combined square feet, 1,250 lower floor square feet, 1,250 total basement square feet, Unit count: 2
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal), Water at Street
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.11, Lot size dimensions: 40X120
Miscellaneous
Gross scheduled income: $33,600, Income projection: Projected, Monthly rental income: $1,400, Net operating income: $33,600, Operating expense: $28,000
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $1,620, Tax amount (winter): $149
Sewer
Sewer (Sewer-Sanitary), Sewer at Street
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Ed Roberts
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IDX provided courtesy of Realcomp II Ltd., via KNE Realty 360 and Kristi Roberts, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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