Price Reduction
1094 Waterman Street Detroit, MI
$ 199,900
Property Attributes
  • ID#2210046722
  • TypeMulti-Family
  • CountyWAYNE
  • CityDetroit
  • AreaDet South Of Grand River
  • NeighborhoodKAIERS SUB OF LOTS 16 THRU 29
  • Zip48209
  • StyleUpper/Lower Apartment
  • Year Built1925
  • Taxes$ 801
  • Price$ 199,900
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3868
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Source Realty LLC
Data Source:
RealComp - 83 - MI
Property Description

4 family brick property in the Southwest - Mexican Town area. All utilities are separate except water. All units are good size and 2 bed and 1 bath. Ceramic tile baths. Hardwood floors in living areas. 2 newer furnaces of the 4. All 4 water heaters are newer. Updated electrical and new roof 2 years ago. Full tear. Current rents are low at $2400 for the whole building per month. Do not approach tenants. Agent related to sellers.

Price History
6/17/2021 Listed $239,900
7/26/2021 17% - $199,900

General Features

Basement Type Common, Interior Access Only, Unfinished
Construction Materials Brick
Cumulative Days on Market 40
Down Payment Resource Yes
Gross Scheduled Income 28800.00
Heating Forced Air, Separate Meters
Listing Agent Public Id 299990
Net Operating Income 27999.00
Ownership Status Private Owned, Short Sale - No
Parcel Number W18I008121S
Property Type Multifamily
Rent Includes Water/Sewer
School District Detroit
Sewer Sewer-Sanitary
Short Sale No
Status Active
Subdivision Name KAIERS SUB OF LOTS 16 THRU 29 (PLATS)
Terms Offered Cash, Conventional
Total Sq Ft 3868
Transaction Type Sale
Year Built 1925
Zoning Multi-Family

Interior Features

Basement Y/N Yes
Full Baths 4
Heating Fuel Natural Gas
Interior Features Cable Available
Total Baths 4.00
Total Units 4
Unit Count 3

Exterior Features

Architecture Level 2 Story
Architecture Style Upper/Lower Apartment
Foundation Basement
Foundation Materials Brick
Frontage Feet 40
Lot Size Area 0.14
Lot Size Dimensions 40.00X158.00
Porch Balcony, Porch - Covered
Roof Material Asphalt
Water Source Municipal Water


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

IDX provided courtesy of Realcomp II Ltd., via eXp Realty in Michigan and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of July 31, 2021 1:09 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Multi-Family Average in 48209

AVG $500K
AVG $3,039
AVG 11
Year Built
AVG 1923
AVG 71
Data Provided by Walkscore ® not using MLS data