1407 Lakewood Street, Detroit, MI 48215
1407 Lakewood Street, Detroit, MI 48215
1407 Lakewood Street, Detroit, MI 48215
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$99,900
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2 Baths
7,405 Sqft Lot
New

1407 Lakewood Street Detroit, MI 48215

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20261087401

HOA Y/N true

Year Built 1915

Annual Tax Amount $40

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 60X123

Source Realcomp

Property Description

Multifamily opportunity at 1423 Lakewood in Detroit! This property features two spacious units, each offering 3 bedrooms and 1 full bathroom, A full kitchen, living room and dining room making it ideal for both investors and owner-occupants. The property includes a shared basement, providing additional storage and utility space for tenants. Outside, you'll find a large driveway with ample parking along with two separate garages—a 2.5-car garage and an additional 1.5-car garage, a rare and valuable feature for rental properties. Situated on two parcels of land, this property offers added flexibility and long-term potential for expansion or increased value. Conveniently located near major roads, shopping, and local amenities, this is a strong income-producing asset with room to grow. **Second floor unit's address is 1427 Lakewood St, Detroit, MI 48215** **Second parcel included is 1407 Lakewood St, Detroit, MI 48215** Don't miss out on this versatile Detroit investment opportunity!

Location

State MI

County Wayne

Zoning Residential

Direction MAP

Interior

Heating Forced Air

Exterior

Amenities Available Pets Allowed

View Y/N No

Building

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W21I054915S

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by EXP Realty Main

NEARBY SCHOOL & BUSINESS

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Ron Otto

Ron Otto

Agent License ID: 6501430575

+1(989) 370-1245

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1407 Lakewood Street