6123 Commonwealth ST, Detroit, MI 48208
6123 Commonwealth ST, Detroit, MI 48208
6123 Commonwealth ST, Detroit, MI 48208
6123 Commonwealth ST, Detroit, MI 48208
6123 Commonwealth ST, Detroit, MI 48208
6123 Commonwealth ST, Detroit, MI 48208
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$ 315,000
Est. payment | /mo

2 Baths

1,050 SqFt


Save
$ 315,000
Est. payment | /mo
Save

2 Baths

1,050 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 1,050 sqft

Price per Sqft $300

Subdivision Stimsons E I & A K

MLS Listing ID 20261041221

Style Historic,UpperLowerApartment

Full Baths 2

Year Built 1915

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type MultiFamily

Property Description

Renovated two-family flat producing roughly $19,000 a year in net income. The lower unit is short-term and turns over this summer; the upper is leased through June 2027 at $1,425/month. That mix gives an owner-occupant room to live in one unit and let the other help carry the note, or an investor a stabilized upper with upside on the turnover below.

The renovated units offer 1,050 sq ft of hardwood floors, a bay window, and an exposed brick column that runs from the living space into the kitchens. The kitchens pair quartz counters with a gas ranges, dishwashers, subway tile backsplashes, and open shelving; the full baths are finished in floor-to-ceiling tile. Fenced backyard and separate washer and dryer in shared basement with lots of extra storage space.

Location carries the value. The home sits near the Motown Museum, whose $75 million expansion is under construction on West Grand Boulevard, and a short walk from Henry Ford Health's $2.2 billion Destination: Grand hospital campus, a 20-story tower set to open by the end of 2029, part of a broader New Center plan with Michigan State University and the Detroit Pistons that adds a medical research center and mixed-use housing. With Wayne State, CCS, and Henry Ford all close, rental demand should stay healthy for years. Steps to New Center and Milwaukee Junction, adjacent to LaSalle Gardens and Virginia Park, minutes from the North End, and a quick ride to Corktown and downtown.

Location

State MI

County Wayne

Area Area05043Detlivernoisi756Gdriver

Rooms

Basement Common, Daylight, Full, Unfinished

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Laundry CommonArea

Exterior

Exterior Feature Balcony, Lighting

Parking Features OnStreet, Paved

Pool None

Utilities Available AboveGroundUtilities

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation Basement, BrickMortar

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, WarrantyDeed

Listing Terms Cash, Conventional, WarrantyDeed

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Call

Realcomp MLS
Listed by Garrett Blair of Douglas Rose Realty

Nearby Locations

Michael Broadwell

+1(248) 219-5161

broadwell@realmilife.com

8840 Dwyer Rd, Howell, Michigan, 48855, USA

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