18804-18806 Kelly Road

Beds
704 Sq. Ft.
$131 / Sq. Ft.
704
Sq. Ft.
$131
per Sq. Ft.

Description

Great Investment Opportunity on the East Side, just 2 Miles from Grosse Pointe! This property offers incredible potential as a high-income-generating asset. It's a two-for-one deal with side-by-side units sold together, each with separate utilities (water, gas, and electric). This setup makes it ideal for tenants who value independence while offering you hassle-free management. With the right vision, this property can become a solid, steady income stream.Great Investment Opportunity on the East Side, just 2 Miles from Grosse Pointe! This property offers incredible potential as a high-income-generating asset. It's a two-for-one deal with side-by-side units sold together, each with separate utilities (water, gas, and electric). This setup makes it ideal for tenants who value independence while offering you hassle-free management. With the right vision, this property can become a solid, steady income stream.
  1. Listed by Ryan Berns • Jim Saros Real Estate Services
    P: (313)-929-3151 C: (313)-929-3151 rberns@sarosres.com

Property Details for 18804-18806 Kelly Road

Architectural Style
1 Story
Subdivision Name
PARK DRIVE NO 4 (PLATS)
Has Waterfront
No
Zoning Description
Multi-Family
LISTING CLOSED: 04/21/2025 12:00 AM

Property Details for 18804-18806 Kelly Road

StatusClosed
MLS #60375584
Days on Market24
Taxes$1,878 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1942
Lot Size0.07 AC / 3,049 SF
CountyWayne County

Location

Listing Courtesy of Jim Saros Real Estate Services

Sold By LPS

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Building Information for 18804-18806 Kelly Road

Stories1Residences2Year Built1942Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$615 per month

30 year fixed, 6.36% Interest

Principal and Interest

$458

Property Taxes

$157

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 18804-18806 Kelly Road

Summary
Location and General Information
  • Cross Street: Kelly & Moross
  • Directions: Kelly to Moross
  • Latitude: 42.433121
  • Longitude: -82.953766
  • MLS Area Major: Detroit (82001)
  • Senior Community: No
Taxes and HOA
  • Parcel Number: W21I056945S
  • Tax Annual Amount: $1,878.00
  • Tax Assessed Value: 20500
School Information
  • High School District: Detroit
Parking
  • Attached Garage: No
Property
Lot Information
  • Direction Faces: East
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Units: Acres
  • Lot Size Dimensions: 30.00 x 100.00
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • Above Grade Finished Area: 704.0
  • Building Area Total: 704.0
  • Living Area: 704.0
  • Living Area Source: Other
  • New Construction: No
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1942
Building Features
  • Construction Materials: Brick
  • Foundation Details: Basement, Brick Mortar
  • Levels: One
  • Total Stories: 1
Utilities
  • Sewer: Sewer At Street
  • Utilities: Natural Gas Available, Sewer Available
  • Water Source: Waterat Street
Interior and Exterior Features
Interior Features
  • Basement: Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Has Cooling: No
  • Has Fireplace: No
  • Heating: Hot Water, Natural Gas
  • Has Heating: Yes
Multi Family
Multi Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Gross Scheduled Income: $26,400
  • Operating Expense: $7,503.72

Property History for 18804-18806 Kelly Road

DateEvent & SourcePriceAppreciation
Apr 21, 2025

Sold

Realcomp #20250015619

$92,000
Apr 21, 2025

Sold

MiRealSource #60375584

$92,000
Apr 7, 2025

Contract Signed

Realcomp #20250015619

DateEvent & SourcePrice
04/21/2025

Sold

Realcomp #20250015619

$92,000
04/21/2025

Sold

MiRealSource #60375584

$92,000
04/07/2025

Contract Signed

Realcomp #20250015619

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 18804-18806 Kelly Road

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Carleton Elementary School
PublicPK to 5

Bates Academy
PublicPK to 8

Fisher Magnet
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Jim Saros Real Estate Services

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