5208 Commonwealth Street, Detroit, MI 48208

$409,000 Asking Price

5 beds
3 baths
3,000  sqft
Built in 1900

Wonderful Woodbridge! Here's your opportunity to own your dream home in Woodbridge where everyone wants to live! Recent history shows this home as a 2 unit income property, converted from a single family home in 1997 but could easily be a single family once more. This solid brick home features nice sized rooms, most with hardwood flooring. Multiple bedrooms with a kitchen on the first and second floors. The third floor has the potential to be a spectacular main bedroom suite. As an income property recent rental income averaged an estimated $2200 per month with each unit having separate heating and electric. The Woodbridge Historic District is a highly desirable neighborhood near Wayne Sate University and Midtown, known for its diversity and strong sense of community. A special place.

Features & Amenities

Interior

Laundry:
Gas dryer hookup, In basement
Basement:
Full
Heating:
Forced air, Natural gas

Exterior

Style:
Historic
Parking:
Detached, Garage door opener, Garage faces rear

Construction

General:
Brick, Basement

Location

Originating MLS:
Greater Metropolitan Association of REALTORS
School District:
Detroit
County:
Wayne

Lot

Zoning:
E COMMONWEALTH 17 DUDLEY B WOODBRIDGES SUB L9 P74 PLATS, W C R 8/92 30 X 100, 08006060

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
Greater Metropolitan Association of REALTORS

This listing courtesy of:
Renaissance Investment Co. Inc, Margaret Palmer

About Detroit, MI

Housing

Number of Units
292,561
Median Home Value
$70,234
Median Rent
$679

53.65% of housing units are renter occupied.

18.25% are vacant.

Commute

Car
71.17%
Public Transportation
5.99%
Walk to Work
3.15%
Work from Home
17.73%
Other
1.42%

The median travel time to work is 23 minutes.

People

Population
593,210
Median Age
36.40
Median Household Size
2.38

Education

High School
33.32%
Associate’s Degree
7.33%
Bachelor’s Degree
9.43%
Graduate Degree
6.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: