Sold
Last Sold Price
4 beds2,405 sqft$100/sqft
5050 Yorkshire Road, Detroit, MI 48224
Multi FamilyProperty Type
4,791 sq ftLot Size
1929Year Built
$100/sq ftPrice per sq ft
2 carsParking Spaces

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.
Listing closed: 02/22/2024 12:00 AM • Source: Realcomp, MLS#: 20230098971

Location

Listing Courtesy of Den Real Estate Group

Sold By Match Realty LLC

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Payment Calculator

$1,480 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,220

Property Taxes

$260

HOA Dues

$0

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Property Information for 5050 Yorkshire Road

Property Details
  • Taxes: $3,117 / year
  • MLS Type: Residential Income / Multi Family
  • County: Wayne County
  • Subdivision Name: GROSSE POINTE VIEW NO 1
  • Architectural Style: Colonial, Duplex
  • Waterfront: No
  • Zoning Description: Multi-Family
  • Senior Community: No
Building Information
  • Residences: 2
  • Year Built: 1929
  • Lot Size: 0.11 AC / 4,791 SF
Summary
Location and General Information
  • Directions: Turn Right Onto Yorkshire From E Warren
  • Latitude: 42.40536741
  • Longitude: -82.93427975
  • Cross Street: Outer Drive E and E Warren Road
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W21I073185S
  • Tax Amount Summer: $2,795.00
  • Tax Amount Winter: $322.00
  • Tax Annual Amount: $3,117.00
  • Tax Assessed Value: $35,901.00
  • Tax Legal Description: E YORKSHIRE 400 GROSSE POINTE VIEW SUB NO 1 L50 P23 PLATS, W C R 21/735 40 X 124.01A
  • Tax Other Annual Assessment Amount: $340.00
School Information
  • High School District: Detroit
Parking
  • Garage Spaces: 2.0
  • Parking Total: 2.0
  • Attached Garage: No
  • Garage: Yes
  • Parking Features: Two Car Garage
Property
Lot Information
  • Frontage Length: 40.0
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Dimensions: 40.00 x 124.00
  • Lot Size Units: Acres
  • Road Frontage Feet: 40
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 70700.0
  • Living Area: 2405.0
  • Building Area Total: 2405.0
  • Above Grade Finished Area: 2405.0
  • Below Grade Total Area: 1017.0
  • Class Name: Residential Income
  • Living Area Source: See Remarks
  • New Construction: No
  • Year Built: 1929
Building Features
  • Construction Materials: Brick
  • Foundation Details: Basement, Block
  • Levels: Two
  • Stories Total: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 2.1
  • Basement: Common, Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Has Cooling: No
  • Fireplace: No
  • Heating: Hot Water, Natural Gas
  • Has Heating: Yes
  • UnitTwoBedNumberOf: 2
Multi Family
Multi Family Information
  • Number of Units Leased: 1
  • Number of Units Total: 2
  • Unit Records: 1
Income & Expenses
  • Gross Scheduled Income: $27,000.00
  • Net Operating Income: $24,244.00
  • Operating Expense: $2,756.00
Unit Information
Unit 1
  • Actual Rent: $1,250.00
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 1200.0
  • Type: Two Bedroom
  • Total Units: 2.0
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $2,250.00
  • Existing Lease: Yes
  • Pets Allowed: Yes
  • Rent Spree: No

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

Realcomp #20230098971

$240,000
Feb 22, 2024

Sold

MiRealSource #60276186

$240,000
DateEvent & SourcePrice
02/22/2024

Sold (Public Record)

Public Record #1528103290

$240,000

+7.4% / yr

02/22/2024

Sold

Realcomp #20230098971

$240,000
02/22/2024

Sold

MiRealSource #60276186

$240,000

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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