Detroit, MI 48204 9611 Otsego Street
$55,000
Presented By: Kingsley Ifezue at Detroit Metro Realty - (313) 488-5585
Home Details
Seize this incredible investment opportunity with a multifamily property located in a highly desirable suburb of Detroit. This great income-producing property is priced to sell and offers substantial returns on investment.
Key Features:
Location: Situated in a good suburb of Detroit, providing a prime location for tenants seeking suburban living with easy access to the city's amenities.
Income-Producing: This multifamily property is designed to generate consistent rental income, making it an ideal addition to your investment portfolio.
Affordable Pricing: Priced at a low cost, this property offers significant value and potential for appreciation.
Land Bank Terms: Subject to land bank terms, providing a unique investment opportunity with potential incentives and benefits.
Presented By: Kingsley Ifezue at Detroit Metro Realty - (313) 488-5585
Interior Features for 9611 Otsego Street
Bathrooms
Total Baths
Other Interior Features
BasementCrawl Space
Basement (Y/N)Yes
Heating Y/NYes
Total Fireplaces1
General for 9611 Otsego Street
Additional Parcels Y/NNo
CityDetroit
Construction MaterialsBrick
CountyWayne
DirectionsTake I-96 E to Scotten St. Continue on Scotten St to Dexter Ave. Turn left onto Dexter Ave and continue. Turn left onto W Boston Blvd then turn left onto Otsego St. Your destination will be on the ri
Electric On Property Y/NNo
HeatingForced Air
High School DistrictDetroit
Land Lease Y/NNo
Lease Renewal Y/NNo
Legal DescriptionPROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2025. W OTSEGO S 15 FT 150 151 GRAHAM & CARROLLS GRAND RIVER SUB L30 P73 PLATS, W C
Listing TermsVA Loan, Cash, Conventional
Lot Size Square Feet5663.0
Lot Size UnitsAcres
MLS AreaWayne County - 100
MLS Area MinorWayne County - 100
MobileHomeRemainsYNNo
ModificationTimestamp2025-03-17T21:49:01Z
New ConstructionYes
Number Of Units Total4
Occupancy TypeVacant
OwnerPaysTrash Collection, Water, Sewer
PossessionClose Of Escrow
Property Subtype2 to 4 Units
Property TypeMulti Family
Rent Control Y/NNo
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameGraham & Carrolls Grand River Sub
Tax Annual Amount43.0
Tax Assessed Value500
Tax Year2023
Tenant PaysElectric, Gas
TownshipDetroit City
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
Waterfront Y/NNo
Year Built1923
Exterior for 9611 Otsego Street
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions45 x 124 x 45 x 124
Lot Size Acres0.13
Lot Size Area0.13
Number of Buildings1
Open Parking Y/NNo
SpaNo
Total Parking3.0
Additional Details
Price History
Schools
Middle School
N/A
High School
N/A
Elementary School
Durfee Elementary-Middle School
Erin Redmon
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