14578 Forrer Street Detroit, MI
$ 55,900
Property Attributes
  • ML#219124626
  • TypeMulti-Family
  • CountyWAYNE
  • CityDetroit
  • AreaDet - Schcraft-6 Grnfld-Limits
  • NeighborhoodRUGBY
  • Zip48227
  • StyleUpper/Lower Apartment
  • Year Built1926
  • Taxes1490
  • Price$ 55,900
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1945
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Five Star Real Estate-Detroit
Property Description

Instant Equity! Great Investment opportunity to add to your portfolio. VA appraisal $63,122 as of July 2019. Walk to shopping, transportation and restaurants. Next to Grandmont Rosedale Park! Spacious brick 2 family home with 2 bedrooms in each unit. This home features separate entrances, newer roof and gutters (2017), 1 new boiler (2018) and a finished basement with full kitchen, full bath and more. The lower unit is currently rented to a long-term tenant and upper unit has been renovated to include new paint, carpet, flooring, light fixtures, toilet, tub, vanity, stove, refrigerator and enclosed upper porch. Land Contract terms available. Buyers agent is required to be physically present for all showings.

Price History
1/26/2020 Listed $55,900

General Features

Cumulative Days on Market 326
Deposit Amount 30000.00
Gross Scheduled Income 15600.00
Land Contract Yes
Listing Agent Public Id 202557
Net Operating Income 11500.00
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number W22I053916S
Property Type Multifamily
School District Detroit
Short Sale No
Status Active
Subdivision Name RUGBY (PLATS)
Terms Offered Cash, Conventional, FHA, Land Contract, VA
Total Sq Ft 1945
Transaction Type Sale
Year Built 1926
Zoning Multi-Family

Interior Features

Basement Type Finished
Basement Y/N Yes
Cooling Ceiling Fan(s)
Full Baths 3
Heating Steam
Heating Fuel Natural Gas
Interior Features High Spd Internet Avail
Total Baths 3.00
Total Units 2
Unit Count 2

Exterior Features

Architecture Level 2 Story
Architecture Style Upper/Lower Apartment
Construction Materials Aluminum, Brick
Exterior Features Fenced, Outside Lighting
Foundation Basement
Foundation Materials Poured
Frontage Feet 40
Lot Size Area 0.14
Lot Size Dimensions 40.00X150.00
Porch Porch - Covered
Roof Material Asphalt
Sewer Sewer at Street
Water Source Municipal Water


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

IDX provided courtesy of Realcomp II Ltd., via Metro Detroit and The Originating MLS(found above), © 2020 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of February 24, 2020 5:57 AM. Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48227

AVG $80K
AVG $1,360
Year Built
AVG 1933
AVG 47
Data Provided by Walkscore ® not using MLS data

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