Last Sold Price
6 beds2,600 sqft$32/sqft
2475 Gladstone Street, Detroit, MI 48206

Description

Amazing investment opportunity in an up and coming area with a strong promise of appreciation of value and a potential for a net return of 12%! Super spacious upper and lower flats each include 3 bedrooms, 1 full bath, kitchen, and huge living room! Recent updates include upgraded heating system to forced air, updated electrical, new sewer line, and professional paint throughout! Property includes 2 furnaces, 2 electrical boxes, and 2 water heaters for each unit! Excellent location within minutes...Amazing investment opportunity in an up and coming area with a strong promise of appreciation of value and a potential for a net return of 12%! Super spacious upper and lower flats each include 3 bedrooms, 1 full bath, kitchen, and huge living room! Recent updates include upgraded heating system to forced air, updated electrical, new sewer line, and professional paint throughout! Property includes 2 furnaces, 2 electrical boxes, and 2 water heaters for each unit! Excellent location within minutes of schools, shopping, parks, and more! Must see! Will not last!
LISTING CLOSED: 03/19/2021 12:00 AM

  1. Listed by Robert Kabbani • Brokerage DRE #6505416803 • Keller Williams Legacy
    P: (313)-926-2200 C: (313)-926-2200 robertkabbani@gmail.com

Property Details for 2475 Gladstone Street

Status
MLS #
2210007203
Days on Market
2
Taxes
$1,994 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Multi Family
Year Built
1924
Lot Size
0.11 AC / 4,791 SF
Subdivision Name
GARDEN ANNEX SUB (PLATS)
Architectural Style
Upper Lower Apartment
Waterfront
No
Zoning Description
Residential

Location

Listing Courtesy of Keller Williams Legacy

Sold By National Realty Centers, Inc

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Building Information for 2475 Gladstone Street

Stories-Residences2Year Built1924Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$588 per month

30 year fixed, 6.55% Interest

Principal and Interest

$422

Property Taxes

$166

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2475 Gladstone Street

Summary
Location and General Information
  • Directions: SOUTH OF CHICAGO AND WEST OF ROSA PARKS
  • Latitude: 42.371007
  • Longitude: -83.105236
  • Cross Street: S of CHICAGO/W of ROSA PARKS
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W10I002054S
  • Tax Amount Summer: $1,873.00
  • Tax Amount Winter: $121.00
  • Tax Annual Amount: $1,994.00
  • Tax Assessed Value: $19,400.00
  • Tax Legal Description: S GLADSTONE 33 GARDEN ANNEX SUB L39 P34 PLATS, W C R 10/119 35 X 138.96A
  • Tax Other Annual Assessment Description: 340
School Information
  • High School District: Detroit
Parking
  • Parking Features: On Street
Property
Lot Information
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Dimensions: 35.00X139.00
  • Encroachment: No
  • Lot Size Units: Acres
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 19400.0
  • Living Area: 2600.0
  • Building Area Total: 2600.0
  • Above Grade Finished Area: 2600.0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Total Area: 1100.0
  • Below Grade Total Area Units: Square Feet
  • Class Name: Residential Income
  • Living Area Source: Measured
  • Living Area Units: Square Feet
  • Year Built: 1924
Building Features
  • Construction Materials: Brick
  • Foundation Details: Basement, Block
  • Levels: Two
  • Year Remodeled: 2020
  • Roof: Built Up
  • Stories Total: 2
Utilities
  • Sewer: Public Sewer, Sewer At Street
  • Utilities: Water Available
  • Water Source: Public, Waterat Street
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 2.0
  • Appliances: Gas Water Heater
  • Basement: Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Water Heater Fuel: Natural Gas
Exterior Features
  • Community Features: Sidewalks
  • Exterior Features: Balcony, Lighting
  • Fencing: Fenced
  • Patio And Porch Features: Covered, Deck, Porch
Multi Family
Multi Family Information
  • Number of Units Leased: 1
  • Number of Units Total: 2
  • Unit Records: 1
Income & Expenses
  • Gross Scheduled Income: $18,000.00
  • Net Operating Income: $10,218.00
Unit Information
Unit 1
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 1300.0
  • Type: Three Bedroom
  • Total Units: 2.0
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $1,500.00
  • Existing Lease: Yes
  • Pets Allowed: Call
  • Rent Includes: Sewer, Water

Property History for 2475 Gladstone Street

DateEvent & SourcePriceAppreciation
Mar 19, 2021

Sold

MiRealSource #40142507

$83,000
Mar 19, 2021

Sold

Realcomp #2210007203

$83,000
Feb 26, 2021

Sold (Public Record)

Public Record #693717884

$83,000
DateEvent & SourcePrice
03/19/2021

Sold

MiRealSource #40142507

$83,000
03/19/2021

Sold

Realcomp #2210007203

$83,000
02/26/2021

Sold (Public Record)

Public Record #693717884

$83,000

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

Public Records for 2475 Gladstone Street

Taxable ValueLand-Additions-Total-
Tax Record2025$2,127 ($177 / month)
Home Facts
Baths2.5Total Finished SqFt2,600 SqFtAbove Grade Finished SqFt2,600 SqFtUnfinished Basement SqFt1,300 SqFtStories2Lot Size4,792 SqFtStyleDuplexYear Built1924Year Renovated1924ZoningR2CountyWAYNEAPN10002054.

Schools near 2475 Gladstone Street

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 12
Rating
School
Distance
Bates Academy
PublicPK to 8

Thirkell Elementary School
PublicPK to 8

Detroit International Academy For Young Women
PublicPK to 12

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2475 Gladstone Street, Detroit, MI 48206
$83,000
6
2,600
4,791
$232,000
2,850
4,791
2.5
2,646
4,792
2.5
2,900
4,792
$115,000
3
2,988
7,405
$115,000
2,988
7,405

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Legacy

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