2506 W Philadelphia St

Detroit, MI 48206 View Map $350,000 Schedule a Tour
Beds8
Baths4
Sq.Ft.3,552
Year1923

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(313) 658-6400

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Status: Active Under Contract - Accepting Backup Offers
Property Type:Residential
MLS #:20221024021
Sq. Feet:3,552
On Site:127 Days
Lot Size:0.12 Acres
County:Wayne
RARE Opportunity - live in one unit and rent out the other to cover your mortgage payment! Upper & lower unit - Each with 4 beds/2 full baths! Estimated projected rental income is $2000 per month from EACH unit! Located in the beautiful La Salle Gardens area neighboring Virginia Park and just blocks away from Henry Ford Hospital. This property was carefully rehabbed with permits pulled and features tons of updates, including a brand new roof, new furnaces and HWTs. Each unit is identical in floorplan and has beautiful open floorplans with refinished hardwood floors, paint, doors, fixtures, new bathrooms w/tile showers, & new kitchens with shaker cabinets and granite countertops. 2 car garage. Separate utilities. Experience the renaissance that is going on in this hot area with several houses already rehabbed on this street.

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$000 Monthly Payment
Loan and interest only.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
8/10/2022$399,900$375,000-6.2%
9/29/2022$375,000$350,000-6.7%

Community Information

Address:2506 W Philadelphia St Detroit, MI 48206
Area:Det: Livernois-I75 6-Gd River
County:Wayne
City:Detroit
School System:Detroit
Subdivision:Dorans La Salle Blvd Annex (Plats)
Zip Code:48206

Architecture

Bedrooms: 8
Bathrooms: 4
Year Built:1923
Stories:2
Style:Traditional
Construction Materials: Brick
Architecture Level: 2 Story
Year Remodeled: 2022
Roof: Asphalt
Foundation: Basement
Foundation Materials: Brick/Mortar
Basement: Unfinished
Garage Features: Detached
Garage Size: 2 Car

Features / Amenities

Fireplace(s): Living Room
Fireplace Fuel: Natural
Exterior Features: Fenced
Porch: Balcony, Porch
Entry Location: Ground Level w/Steps
Heating: Forced Air
Heating Fuel: Natural Gas
Water Heater Fuel: Natural Gas
Total Rooms:18

Rooms

SizeLevelDescription
BedroomFirst/Entry
Dining RoomFirst/Entry
Dining RoomSecond
Bath - FullSecond
BedroomFirst/Entry
KitchenSecond
BedroomSecond
KitchenFirst/Entry
Bath - FullSecond
BedroomFirst/Entry
BedroomSecond
BedroomSecond
BedroomFirst/Entry
BedroomSecond
Living RoomFirst/Entry
Bath - FullFirst/Entry
Bath - FullFirst/Entry
Living RoomSecond

Property Features

Lot Size: 0.12 Acres
Lot Dimensions:40.00 x 128.00
Road Frontage: Paved, Pub. Sidewalk
Sewer: Public Sewer (Sewer-Sanitary)
Water: Public (Municipal)
Fencing: Fenced
Directions:Chicago Blvd To Linwood South To W Philadelphia East

Tax and Financial Info

Tax Amount Summer: $2,357
Tax Amount Winter: $322
Total Tax: $2,679
Financing: Cash, Conventional
Possession: At Close

Schools

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2506 W Philadelphia St Detroit, MI 48206
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2506 W Philadelphia St Detroit, MI 48206
 
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Listing Information Last Updated 12/1/2022
Listing provided courtesy of Good Company (248-733-5811).
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Berkshire Hathaway HomeServices The Loft Warehouse are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.