Sold
Last Sold Price
2 beds2,242 sqft$2/sqft
5259 Balfour Road, Detroit, MI 48224
Multi FamilyProperty Type
5,662 sq ftLot Size
1929Year Built
$2/sq ftPrice per sq ft
2 carsParking Spaces

Description

Perfect investment opportunity! 2 unit multifamily home with full brick exterior. Each unit has 1 bedroom/ 1 bath. Priced to sell & seller is motivated, bring all offers!Perfect investment opportunity! 2 unit multifamily home with full brick exterior. Each unit has 1 bedroom/ 1 bath. Priced to sell & seller is motivated, bring all offers!
  • Listed by: Gregory White 313.456.9898 gwhite@imaginehomerealty.com Brokerage DRE #6505374364 • Imagine Home Realty
Listing closed: 04/30/2015 12:00 AM • Source: Realcomp, MLS#: 215032746

Location

Listing Courtesy of Imagine Home Realty

Sold By Non Realcomp Office

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Payment Calculator

$121 per month

30 year fixed, 6.55% Interest

Principal and Interest

$25

Property Taxes

$95

HOA Dues

$0

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Property Information for 5259 Balfour Road

Property Details
  • Taxes: $1,143 / year
  • MLS Type: Residential Income / Multi Family
  • County: Wayne County
  • Subdivision Name: EAST DETROIT DEVELOPMENT COS NO 3 (PLATS)
  • Architectural Style: Upper Lower Apartment
  • Waterfront: No
  • Zoning Description: Multi-Family
Building Information
  • Residences: 2
  • Year Built: 1929
  • Lot Size: 0.13 AC / 5,662 SF
Summary
Location and General Information
  • Directions: S OF E OUTER DRIVE WEST OF WHITTIER
  • Latitude: 42.402223
  • Longitude: -82.948701
  • Cross Street: S of E OUTER/W of WHITTIER
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W21I068756S
  • Tax Amount Summer: $1,056.00
  • Tax Amount Winter: $87.00
  • Tax Annual Amount: $1,143.00
  • Tax Legal Description: W BALFOUR 1616 E DETROIT DEVELOPMENT COS SUB NO 3 L38 P32 PLATS, WCR 21/468 40 X 144.27A
School Information
  • High School District: Detroit
Parking
  • Parking Total: 2.0
  • Garage: Yes
  • Parking Features: Unassigned
Property
Lot Information
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Dimensions: 40.00X144.27
  • Lot Size Units: Acres
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • Living Area: 2242.0
  • Building Area Total: 2242.0
  • Above Grade Finished Area: 2242.0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Total Area: 800.0
  • Below Grade Total Area Units: Square Feet
  • Class Name: Residential Income
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Year Built: 1929
Building Features
  • Construction Materials: Brick
  • Foundation Details: Basement, Brick Mortar
  • Levels: Two
  • Roof: Asphalt
  • Stories Total: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 2.0
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • UnitOneBedNumberOf: 2
Multi Family
Multi Family Information
  • Number of Units Total: 2
Income & Expenses
  • Gross Scheduled Income: $12,000.00
  • Net Operating Income: $12,000.00
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $1,000.00

Property History for 5259 Balfour Road

DateEvent & SourcePriceAppreciation
Apr 30, 2015

Sold

Realcomp #215032746

$5,000
Apr 30, 2015

Sold

MiRealSource #20591356

$5,000
Apr 20, 2015

Contract Signed

Realcomp #215032746

DateEvent & SourcePrice
04/30/2015

Sold

Realcomp #215032746

$5,000
04/30/2015

Sold

MiRealSource #20591356

$5,000
04/20/2015

Contract Signed

Realcomp #215032746

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

Public Records for 5259 Balfour Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,603 ($134 / month)
Home Facts
Baths2Total Finished SqFt2,180 SqFtAbove Grade Finished SqFt2,180 SqFtUnfinished Basement SqFt1,100 SqFtStories2Lot Size5,663 SqFtStyleDuplexYear Built1929Year Renovated1929ZoningR2CountyWAYNEAPN21068756.

Schools near 5259 Balfour 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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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 Imagine Home Realty

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