Backup offers
$5,926 Closing Credit¹
#20250014515, Heather Dell, Listing Office: RE/MAX Leading Edge
$725,000 List price
2017 Burlingame St Detroit, MI 48206
$8,609
Closing credit¹
10 full
7,984 sqft
0.3 acres
$91 / sqft
Multi-Family
Property details
About 2017 Burlingame St
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!
Highlights
Home typeMulti Family
HeatingHot Water, Radiant
StatusActive
CoolingWindow Unit(s)
Size7,984 sqft
BasementYes
Lot size0.27 Acres
Year built1948
ParkingLighted, Street Parking, Paved, Unassigned
MLS #20240091921
Summary
- MLS Number: 20240091921
- MLS Name: Realcomp II Ltd
- Office Name: EXP Realty Main
- Office Phone: (888) 501-7085
- Listing Agent: Fadi Dabaja, Jay Naim
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/13/2025, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$725,000
2017 Burlingame St
$8,609
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $261,500 | $2,858 |
| 2023 | $220,700 | $2,858 |
| 2022 | $193,600 | $4,140 |
| 2021 | $128,900 | $4,140 |
| 2020 | $101,800 | $2,683 |
| 2018 | $31,500 | $2,683 |
| 2017 | $29,400 | $2,667 |
History based on county public records data.
Nearby schools
2
University Preparatory Art Design Elementary School
Public Charter KG-5
0.8 mi
•10225 3rd St
1
George Washington Carver Elementary School
Public Charter PK-4
1.7 mi
•14510 2nd Ave
2
University Preparatory Academy Psad Elementary School
Public Charter KG-5
2.2 mi
•435 Amsterdam St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $12,852. The majority of Detroit, MI residents have income less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
78%
<35k
16%
35k-100k
4%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
70%
Single, No Kids
22%
Single, with Kids
5%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
42%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 2017 Burlingame St in Detroit, MI and zip code 48206 in the Midtown neighborhood. This 7,984 square foot home, which was built in 1948, sits on a 0.27 acre lot. Features: 10 bathrooms. It has been listed on Rocket Homes since December 15, 2024 and is currently priced at $725,000.
Over 91 listings were sold over their listed price in March 2025 in Detroit, MI. In the same period over 203 listings were sold below the listed price and 81 listings were sold for the listed price. The number of homes for sale in Detroit, MI increased by 14.9% between February and March 2025. Listings spent 51 days on the market in March 2025, and had a median list price of $89,542 during the same period.
From Rocket Homes Real Estate and based on county public records data.