5050 Yorkshire Road

Beds
2,405 Sq. Ft.
$100 / Sq. Ft.
2,405
Sq. Ft.
$100
per Sq. Ft.

Description

Welcome to East English Village! Great opportunity to invest in this profitable, renovated Duplex. So many thriving restaurants and businesses surrounding the area and new ones popping up! There are plans for an East Warren Public Market a block over, as well as La Jalisciense Supermercado y Taqueria making its way to the corner of Yorkshire and Warren. It is possible to occupy one unit as the owner, and rent the other if you wish. Updates include in the past 5 years- both kitchens, appliances, electrical,...Welcome to East English Village! Great opportunity to invest in this profitable, renovated Duplex. So many thriving restaurants and businesses surrounding the area and new ones popping up! There are plans for an East Warren Public Market a block over, as well as La Jalisciense Supermercado y Taqueria making its way to the corner of Yorkshire and Warren. It is possible to occupy one unit as the owner, and rent the other if you wish. Updates include in the past 5 years- both kitchens, appliances, electrical, roof, refinished hardwood, pex plumbing, windows, and a new washer. There is a tenant in the second unit and that lease needs to be honored until March 31st. The half bathroom is in the basement, and that area can potentially be converted into a third Studio unit adding additional revenue. Laundry is shared in the basement. Parking pad is new (within the past 5 years) as well. Each unit has a private sunroom, and the first floor has a fireplace. Very endearing, cozy units full of unique and original designs throughout both units that were maintained through upgrades. This is a classic Detroit home full of architectural brilliance.
  1. Listed by Alexis M Carmona • Den Real Estate Group
    P: (313)-818-8835 C: (313)-818-8835 alexis@denregroup.com

Property Details for 5050 Yorkshire Road

Architectural Style
2 Story
Subdivision Name
GROSSE POINTE VIEW NO 1
Has Waterfront
No
Zoning Description
Multi-Family
LISTING CLOSED: 02/22/2024 12:00 AM

Property Details for 5050 Yorkshire Road

StatusClosed
MLS #60276186
Days on Market50
Taxes$3,117 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1929
Lot Size0.11 AC / 4,791 SF
CountyWayne County

Location

Listing Courtesy of Den Real Estate Group

Sold By LPS

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Building Information for 5050 Yorkshire Road

Stories2Residences2Year Built1929Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$1,456 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,196

Property Taxes

$260

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5050 Yorkshire Road

Summary
Location and General Information
  • Cross Street: Outer Drive E and E Warre
  • Directions: Turn Right Onto Yorkshire From E Warren
  • Latitude: 42.40538201
  • Longitude: -82.93433201
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W21I073185S
  • Tax Annual Amount: $3,117.00
Property
Lot Information
  • Frontage Length: 40.0
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
Property and Assessments
  • Above Grade Finished Area: 2405.0
  • Building Area Total: 2405.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1929
Building Features
  • Construction Materials: Brick
  • Total Stories: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Has Fireplace: No
  • Heating: Hot Water, Natural Gas
  • Has Heating: Yes
Multi Family
Multi Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Net Operating Income: $24,244

Property History for 5050 Yorkshire Road

DateEvent & SourcePriceAppreciation
Feb 22, 2024

Sold (Public Record)

Public Record #1528103290

$240,000

+7.4% / yr

Feb 22, 2024

Sold

MiRealSource #60276186

$240,000
Jan 23, 2024

Contract Signed

MiRealSource #60276186

DateEvent & SourcePrice
02/22/2024

Sold (Public Record)

Public Record #1528103290

$240,000

+7.4% / yr

02/22/2024

Sold

MiRealSource #60276186

$240,000
01/23/2024

Contract Signed

MiRealSource #60276186

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

Public Records for 5050 Yorkshire Road

Taxable ValueLand-Additions-Total-
Tax Record2023$2,893 ($241 / month)
Home Facts
Baths2.5Total Finished SqFt2,405 SqFtAbove Grade Finished SqFt2,405 SqFtStories2Lot Size4,792 SqFtStyleDuplexYear Built1929ZoningR1CountyWAYNEAPN21073185.Fireplace TypeHas Fireplace

Schools near 5050 Yorkshire Road

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

Brown Ronald Academy
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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Listing Courtesy of Den Real Estate Group

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