$83,000
Detroit, MI 48202
MLS# 24028968
Status: Sold
1 / 16
Property Description
This 2 Family Flat is YOURS TO DESIGN from the inside and out, whichever way your heart desires. Welcome to 616 + 618 BELMONT STREET located just a hop skip and a jump from DOWNTOWN DETROIT which takes you just about 11 Minutes when driving. This properties potential has yet to be touched! With comparable property selling for upwards of $350K, THE ROI IS UNMATCHED. Ever heard of house hacking? With this property you can live in one unit, and rent out the other in no time with rental amounts for 3 bedroom units renting out for upwards of $1,300/MONTH you can live RENT FREE all while staying close to the latest happenings. Do not miss this opportunity before it is gone. Start building your portfolio today!**PURCHASER MUST ASSUME DLBA COMPLIANCE, BUY USING CASH, AND RECEIVE A QCD FOR TITLE**
Details
Maps
Location Property Info
County: Wayne
Street #: 616
Street Name: Belmont
Suffix: Street
State: MI
Zip Code: 48202
Zip (4): 1363
Area: Wayne County - 100
OfficeContract Info
Status: Sold
Current Price: $83,000
List Price: $95,000
Listing Date: 2024-06-07
General Property Info
Lot Measurement: Acres
Lot Square Footage: 4356
Lot Acres: 0.1
Lot Dimensions: 127' x 35'
Year Built: 1915
New Construction: No
Financial Available: No
Cert of Compliance: No
Road Frontage: 30
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 1824
Total Parking Spaces: 1
Waterfront: No
School District: Detroit
Tax Info
Tax ID #: 03002708.
Taxable Value: 21800
SEV: 43600
For Tax Year: 2023
Seller's Annual Property Tax: 1598
Tax Year: 2023
Spec Assessment & Ty: N/A
Remarks Misc
Directions: USE GPS
Status Change Info
Under Contract Date: 2024-06-14
Sold Date: 2024-10-15
Sold Price: $83,000
Sold Price/SqFt: 45.5
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Unit 1
Unit #: 616
Unit Description: Upstairs Unit
SqFt: 912
Occupied: No
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 618
Unit Description: Downstairs Unit
SqFt: 912
Occupied: No
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Property Features
Exterior Material: Brick
Roofing: Other
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Public Sewer; Public Water
Owner Pays: None
Tenant Pays: None
Heat Source: Other
Heat Type: None
Air Conditioning: None
Terms Available: Cash; Other
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: Keller Williams Professionals
Listing Agent: Nathaniel Richards
Last Updated: January - 19 - 2026
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