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$200,000

Beds
2
Baths
2.0
sq ft
1,200

1518 E George Ave, Hazel Park, MI 48030

1518 E George Ave

Hazel Park, MI 48030

  • 66 days on market
    • Price drop $15,000↓
Welcome to a rare find in the heart of Hazel Park. This meticulously renovated duplex combines contemporary luxury with a lucrative investment opportunity, making it a standout gem in the bustling real estate market. This duplex has undergone a comprehensive modernization, featuring brand-new flooring, upgraded kitchens , chic bathrooms, and fresh paint throughout. Every detail has been carefully curated to offer a blend of style and functionality. With two spacious units, this property is a landlord's dream. Whether you're an experienced investor or seeking your first income property, the potential for high rental income is undeniable.

Details

Property type

Single Family Residence

Est. home value

$144,740

Lot size

6,098 sq ft

Price per sq ft

$167

Year built

1955

Annual property taxes

$3,446

Price History

05/21/2024
Realcomp

Realcomp #20240029185

Price change
$200,000
-6.98%
05/01/2024
Realcomp

Realcomp #20240029185

Listed
$215,000
+115%
04/25/2019
Realcomp

Realcomp #219020288

Sold
$100,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Hazel Park

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Dynamic Property Solutions Llc

Loan start date

May 2018

Original loan amount

$27,551

Est. remaining balance

Not provided

Interest rate

4.45%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Blackwater Real Estate Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/07/2024 at 6:50 PM

Listing updated: 05/21/2024 at 4:58 PM

Listed by: Mark Kattula, DOBI Real Estate Phone #: (248) 385-3350

MLS: Realcomp #20240029185

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