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Image 1 - 12700 Hampshire St, Detroit, Michigan, 48213 - House for sale
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Home For Sale In Detroit, Michigan
12700 Hampshire St, Detroit, Michigan, 48213

Home For Sale In Detroit, Michigan

house for sale
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Listed: 05/26/24

12700 Hampshire St, Detroit, Michigan, 48213

Studio Bed:
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Price
$ 65,000

About This House

Previous Offer didn't go through because of buyer side. Accepting serious offers only, Non refundable EMD of$5, 000must be in offer. This beautiful solid structure has been standing on Hampshire since 1929. While it hasn't had tenants recently, it was a 9 unit previously but has 10 units in total. 6 in the front part and 4 in the back. Each unit is 1 bed 1 bth and has two entrances in each unit. There is a courtyard in the back with vacant lots adjacent to property. Those lots could be purchased for parking or other ideas to add value to this building's future residents. This is a full rehab project but would be a great buy and hold property for investors. Ideal for government funded housing such as for veterans or. Just 10 minutes within downtown and off of

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Ravendale Housing & Living

Household Income

Median household income: $31,283
Number of households: 266,333
The average household income in Detroit, MI grew from $30,344 to $31,283 in the past year. This data is an estimate based upon 266,333 households in Detroit, MI.
The chart below presents how household income is distributed in Detroit, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Detroit, MI compared to median property taxes around the country. The prevalent amount of property taxes in Detroit, MI equals $800-$1,500 , which is less than the national average.