3728 Webb St, Detroit, MI 48206

8 beds4 baths4,560 sqft Edit

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Zestimate®: $129,831
Rent Zestimate®: $739/mo
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My Notes

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INVESTORS SPECIAL! Here is a beautiful 4 unit family flat with a strong foundation. Each unit has 2 bedrooms and 1 bathroom in each flat. This property is located in the Dexter and Elmhurst area on Detroit's West side. All of the bedrooms in this property are spacious and there is a large shared basement. The hot water tanks and the furnaces are not in the property. This home has cameras on the outside of the property for protection for the tenants. Overall, the neighborhood where this property is located is in a decent area which has working class people. The estimated cost to rehab this property is $15,000-$20,000. The estimated rent amount you could collect per unit could range from $450-$500. The income you would receive per month could range from $1,800-$2,000 per month. If that rent amount is collected consistently for 12 months, you will make more than half of your investment back in return. With a deal like this, it doesn't make sense to pass it up. IF YOU HAVE ANY QUESTIONS OR CONCERNS, PLEASE FEE FREE TO CALL OR TEXT ME, JOSEPH AT 248-595-2671.  More Less 

Facts

  • Lot: 4,661 sqft
  • Multi Family
  • Built in 1925
  • Heating: Forced air

    Construction

    • Exterior material: Brick
    • Roof type: Asphalt
    • # Stories: 2.0

    Other

    • Floor size: 4,560 sqft
    • Lot depth: 104
    • Lot width: 45
    • Parcel #: 14003986
    • Zillow Home ID: 88319347

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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    $129,831
    +$2,590 Last 30 days
    $93K
    $169K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $739/mo
    -$9 Last 30 days
    $480
    $1K
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    Popularity on Zillow

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    Comparable Homes

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    Market guide

    Zillow predicts Petosky-Otsego home values will increase 3.1% next year, compared to a 0% increase for Detroit as a whole. Among Petosky-Otsego homes, this home is valued 191.8% more than the midpoint (median) home, and is valued 3.7% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Petosky-Otsego, the number of foreclosures waiting to be sold is 21.2% greater than in Detroit, and 1104.7% greater than the national average. This higher local number may prevent Petosky-Otsego home values from rising as quickly as other regions in Detroit.

    Learn more about forecast calculations or Petosky-Otsego home values.
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      Nearby Schools in Detroit

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org