1202 Lawrence Street, Detroit, Mi 48202

$284,900
  • 1202 Lawrence Street, Detroit, Mi 48202 Main Photo

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(Short Sale) - Active
BEDS0 BATHS2 full SQUARE FEET2,058 MLS#20261049953
STATUS(Short Sale) - Active PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONL A W R E N C E P A R K SCHOOLDetroit

Property Description

MOTIVATED SELLER MAKE OFFER!! Whether you're looking to house hack or step into a strong, income-producing investment, let your home work for you. This fully renovated duplex, with an included SIDE LOT, sits in the Lawrence Park neighborhood just outside the iconic Boston-Edison District. You're minutes from Wayne State University, Henry Ford Hospital, and New Center, with quick access to the Lodge for easy trips downtown or out to the suburbs. Restored in 2018, the property blends historic character with clean, modern updates-so you can move right in or lease both units and start generating income.Inside, everything is already done: Updated electrical, plumbing, and mechanical systems, including central air on the first floor; New roof, windows, and interior/exterior doors; Fresh drywall and modern finishes throughout; Two updated kitchens with stainless steel appliances; Fully renovated bathrooms; Out back, a large paved parking area adds convenience for tenants or guests. The attic offers future upside, with the potential to expand into a third unit or additional living space. Live in one unit and offset your costs, or rent both and maximize returns. Either way, you're building equity in a location that continues to grow-while your property works for you. Tenant on month to month lease. The side lot address is 1208 Lawrence.

1202 Lawrence Street | MLS# 20261049953

This multi-family property located at 1202 Lawrence Street, Detroit, Mi 48202 is currently listed for sale with an asking price of $284,900. Lawrence Street is located within the Detroit school district. Search Detroit real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: Central Air
Heating: Forced Air, Natural Gas
Home Style: Upper Lower Apartment
Lot Size: 0.20 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $570
Year Built: 1913

Amenities

Balcony

Feature Descriptions

Community Features: Sidewalks
Days on Site: 22
Exterior: Brick, Vinyl Siding
Laundry: Common Area, Electric Dryer Hookup, Washer Hookup
Lot Dimensions: 70 X 129
Parcel#: W06I003001S
Parking: Parking Lot, Paved
Parking Notes: Parking Lot, Paved
Patio/Porch: Covered, Porch
Pets Allowed: Yes
Sewer: Public Sewer
Summer Tax: 547
Units: 2
Water: Public
Winter Tax: 23

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway HomeServices The Loft Warehouse
Agency Phone: 3136586400

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 1,724.25 per month $1,593.65 Principal & Interest $47.50 Property Tax $83.10 Homeowner's Insurance

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