1930 Lamothe St, Detroit, MI 48206, USA

Located a few blocks from the Motown museum and Henry Ford Hospital. Multiple new construction residential developments are ongoing in the neighborhood. Property is conveniently located near Midtown, Wayne State University, entertainment/sports venues and minutes from downtown Detroit.

(4 UNIT)
1930 Lamothe St, Detroit, MI 48206.
1bed/1bath (each unit)
3188 sqft.
Brick
Separate metered utilities
On street parking
Property is distressed
Enclosed back porch stairwell has collapsed and needs to be rebuilt.
Property appears to have great bones

Requires complete remodel

*Buildable Side Lot*
1936 Lamothe Detroit, MI 48206
Total Acreage 0.099 AC
Total Square Footage 4312 sf
Depth x Frontage (ft) 125 x 35
Perfect for new development of a 2-4 unit multi.

Photos: https://drive.proton.me/urls/6MWY4BJ37R#72_d3Vf56jIE

Exit strategy: Maximize ROI utilizing as a mid-term rental...catering to tourists or traveling healthcare professionals with the proximity to WSU Henry Ford hospital and Detroit Medical Center.

ARV:$450K

Pkg price: $169K (4unit & side lot)

Please offer feedback/questions.