2017 Burlingame Street

Detroit, Michigan 48206

  • 13 Bed(s)
  • 10 Bath(s)
  • 7,884 Sqft
  • 0.27
    Acre(Lot)
$725,000

Description

Prime multifamily investment opportunity in detroit! discover the potential of 2017 burlingame street, a high upside value add 10-unit multifamily property with timeless charm and modern upgrades, offering a high upside in the desirable boston edison district. spanning at almost 8,000 sq. ft., this brick-and-block property features 7 one-bedroom and 3 two-bedroom units, with potential monthly rental income of $9,500 and projected net annual income of $84,000. recent updates include 3 new boilers, upgraded roof, upgraded windows, fresh paint, new flooring in 4 units, and updated kitchen counters and vanities. the property also includes new appliances (to be installed), a full basement with storage and laundry facilities, and parking for 20 vehicles. with 3 units already leased through section 8, generating immediate income, and owner-paid utilities costing just $760/month, this property is an outstanding investment. financing options include cash, conventional, or a land contract with a $350,000 down payment at a 7.5% interest rate. don’t miss this exceptional opportunity—schedule your showing today!

  • Property Type

    Multifamily

  • Subdivision

    Oakman & Stoll

  • County

    Wayne

  • Style

    Cape Cod,Common Entry Building

  • AD ID

    48031364

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Property Details

  • Bathroom Information

    • Total Baths: 10
    • Full Baths: 10

    Room Information

    • Porches: Porch

    Interior Features

    • Smoke Alarm,Cable Available,Carbon Monoxide Alarm(s),Laundry Facility,Entrance Foyer,High Spd Internet Avail,Programmable Thermostat,Fire Alarm
    • Roof : Asphalt
    • Basement Description: Interior Entry,Unfinished,Common Storage Locker,Common

    Heating & Cooling

    • Cooling: Window Unit(s)
    • Heating: Hot Water,Other,Radiant

    Water Heater

    • Common,Natural Gas

  • Building Information

    • Year Built: 1948
    • Building Stories: 2 Story
    • Total Units: 10
    • Roof: Asphalt
    • Foundation/Basement: Basement
    • Architecture: Cape Cod,Common Entry Building

    Exterior Features

    • Awning/Overhang(s),Chimney Cap(s),Lighting,Permeable Paving,Private Entry,Fenced
    • Construction: Block,Brick

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)
    • Water Heat: Common,Natural Gas

  • Lot Information

    • Lot Size: 0.27
    • Dimensions: 90.00 x 133.00

    Property Information

    • SQ ft: 7884
    • Subdivision: OAKMAN & STOLL
    • Financing: Cash,Contract,Conventional

  • Listing Price Information

    • Original List Price: $775,000

    Listing Information

    • Possession: At Close
    • Legal Description: S BURLINGAME 152 THRU 150OAKMAN & STOLL'S SUB L29 P92 PLATS, W C R 8/125 90 X 132.78A

  • Tax Information

    • Annual Tax: $3,135
    • Parcel Number: W08I003376C94

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: S BURLINGAME 152 THRU 150OAKMAN & STOLL'S SUB L29 P92 PLATS, W C R 8/125 90 X 132.78A

  • Parking Information

    • Parking: 20

    Multi-Unit Information

    • Presently Zoned: 1
    • Road Frontage: Paved,Pub. Sidewalk

    Unit 1 Information

    • # of Bedrooms: 7

    Unit 2 Information

    • # of Bedrooms: 3

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 06/15/2025 @ 17:48

  • MLS: 621509518
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 13 bedrooms which is for sale, it has 7,884 sqft, 0 sized lot, and Lighted,Off Site,On Street,Paved,Unassigned parking. are nearby neighborhoods.