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2017 BURLINGAME Street
Detroit MI 48206 US

$775,000

Active Listing ID 20240091921
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10.00 Bath (10 Full)
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Lot: 0.27 Acres
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Other

$775,000

Active Listing ID 20240091921
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2017 BURLINGAME Street Prime Multifamily Investment Opportunity in Detroit! Discover the potential of 2017 Burlingame Street, a high upside value add 10-unit multifamily property in the desirable Boston Edison District. Spanning 7, 884 sq. ft. this brick and block building combines timeless charm with modern upgrades. The property features 7 one-bedroom units and 3 two-bedroom units, potentially generating a monthly rental income of $9, 500 with utilities included, and a projected net annual income of $84, 000. Key features include a full basement with storage, laundry facilities, newer boiler, upgrades to units, windows roof and many other upgrades. Ample parking for 20 vehicles. Financing options include cash, conventional, or a land contract with a $350, 000 down payment and a 7.5% interest rate. Don’t miss this exceptional investment opportunity—schedule your showing today!

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Property Features

  • Facts
  • Lot Size: 0.27 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 10
  • Cooling System: Window Unit(s) A/C
  • Exterior Finish: Awning/Overhang(s), Chimney Cap(s), Lighting, Permeable Paving, Private Entry, Fenced
  • Roof Type: Asphalt
  • Heating Fuels: Hot Water, Other, Radiant

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 775000
  • unparsedaddress: 2017 BURLINGAME Street
  • postalcity: Detroit
  • stateorprovince: MI
  • country: US
  • postalcode: 48206
  • bathroomsfull: 10
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.27
  • lotsizeunits: Acres
  • lotsizearea: 0.27
  • livingarea: 7884
  • livingareaunits: Square Feet
  • listagentfullname: Fadi Dabaja
  • listagentemail: fdabaja@dabajateam.com
  • listagentkey: 3yd-REALCOMPMI-362745
  • listagentmlsid: 362745
  • listagentpreferredphone: 3136006189
  • listagentofficephone: 8885017085
  • listofficekey: 3yd-REALCOMPMI-375382
  • listofficemlsid: 375382
  • disclaimer: Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: REALCOMPMI
  • yearbuilt: 1948
  • yearbuilteffective: 2022
  • listingcontractdate: 2024-12-12
  • listagenturl: http://www.fadidabaja.com
  • countyorparish: Wayne
  • parcelnumber: W08I003376C94
  • elementaryschooldistrict: Detroit
  • middleorjuniorschooldistrict: Detroit
  • highschooldistrict: Detroit
  • cooling: Window Unit(s) A/C
  • constructionmaterials: Block, Brick, Concrete
  • heating: Hot Water, Other, Radiant
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 20
  • parkingfeatures: Offsite, On Street, Paved or Surfaced, Unassigned
  • roof: Asphalt
  • waterfrontyn: False
  • interiorfeatures: Smoke Alarm, Cable Available, Carbon Monoxide Alarm(s), Laundry Facility, Other, High Spd Internet Avail, Programmable Thermostat
  • exteriorfeatures: Awning/Overhang(s), Chimney Cap(s), Lighting, Permeable Paving, Private Entry, Fenced
  • architecturalstyle: Cape Cod
  • rooms: Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
  • utilities: Cable Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[{"ExpenseCategory":"Security Deposit", "ExpenseFrequency":"Once", "ExpenseValue":350000}], "GeocodeOptions":null, "LeadRoutingEmail":"fdabaja@dabajateam.com", "ListBrokerageCity":"Royal Oak", "ListBrokerageCountry":"US", "ListBrokerageEmail":"edward.hudson@exprealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/151/264087/20140423200110529.png", "ListBrokerageName":"eXp Realty", "ListBrokeragePhone":"(888) 501-7085", "ListBrokeragePostalCode":"48067", "ListBrokerageStateOrProvince":"MI", "ListBrokerageUnitNumber":"Suite 105b", "ListBrokerageUnparsedAddress":"811 N. Main St.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"39555 Orchard Hill Place Ste 600", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"046884", "ListOfficeCity":"Novi", "ListOfficeCountry":"US", "ListOfficeEmail":"mi.broker@exprealty.net", "ListOfficePostalCode":"48375", "ListOfficeStateOrProvince":"MI", "ListPriceCurrencyType":"USD", "ListingTitle":"Cape Cod, Common Entry Building - Detroit, MI", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2017-Burlingame-St_Detroit_MI_48206_M40936-14362?f=listhub&s=REALCOMPMI&m=20240091921&c=rexren", "MLSModificationTimestamp":"2024-12-15T09:55:20Z", "Neighborhoods":[{"Description":null, "Name":"Det: Livernois-I75 6-Gd River"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3135, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/18/2024 8:06:18 AM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: Fadi Dabaja, EXP Realty Main, fdabaja@dabajateam.com

Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.