#81024062838, Nadia Kassim, Ali Karem, Listing Office: Network Realty LLC
$653
closing credit¹
9611 Otsego St Detroit, MI 48204
Property details
About 9611 Otsego St
Seize this incredible investment opportunity with a multifamily property located in a highly desirable suburb of Detroit. This great income-producing property is priced to sell and offers substantial returns on investment.Key Features:Location: Situated in a good suburb of Detroit, providing a prime location for tenants seeking suburban living with easy access to the city's amenities.Income-Producing: This multifamily property is designed to generate consistent rental income, making it an ideal addition to your investment portfolio.Affordable Pricing: Priced at a low cost, this property offers significant value and potential for appreciation.Land Bank Terms: Subject to land bank terms, providing a unique investment opportunity with potential incentives and benefits.
Highlights
Summary
- MLS Number: 81024034695
- MLS Name: Greater Metropolitan Association of REALTORS
- Office Name: Detroit Metro Realty
- Office Phone: (313) 488-5585
- Listing Agent: Kingsley Ifezue
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Last updated on: 2/12/2025, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of home's exterior with a balcony](/homes/listing-images/54300954_S0469/S0469/S0469-R0100/203401673/203401710.jpg?version=1732452174&width=640)
$55,000
9611 Otsego St
$653
closing credit¹
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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 | $500 | $- |
2023 | $500 | $- |
2022 | $500 | $- |
History based on county public records data.
Nearby schools
2
Barton Elementary School
Public District KG-5
1.7 mi
•8530 Joy Rd
2
University Preparatory Art Design Elementary School
Public Charter KG-5
2.0 mi
•10225 3rd St
5
McDonald Elementary School
Public District PK-5
2.3 mi
•10151 Diversey 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 $22,768. Most Detroit, MI residents have annual incomes less than $<35k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
Similar homes for sale
This home is located at 9611 Otsego St in Detroit, MI and zip code 48204 in the Winterhalter neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 9, 2024 and is currently priced at $55,000.
Detroit, MI housing market in January 2025 saw over 76 listings sold above listed price, more than 63 sold at listed price and over 192 sold below. In January 2025 in Detroit, MI there were 8.7% more homes for sale than in December. Listings spent 58 days on the market in January 2025, and had a median list price of $87,445 during the same period.