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Backup Offers

706 Continental St, Detroit, MI, 48215

$25,000

Home List Price

$297*

Closing Credit

2 Full Baths
2,226 SqFt
$11/SqFt
Multi
Schools Nearby

Location

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706 Continental St, Detroit$25,000

Buyer Closing Credits

$297*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1917
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240027387
Lot Size0.07 Acres
StatusAccepting Backup Offers

About 706 Continental St

Multiple offers received. Attention investors! This duplex multifamily property is being sold as-is and presents a lucrative investment opportunity. Ideal for seasoned investors or those looking to enter the rental market, this property offers potential for rental income and value appreciation. Explore the possibilities of renovating and renting out both units or making improvements for future resale. Located in a convenient area, this property is poised for success in the rental market. Don't miss out on this exciting investment opportunity—schedule a showing today to learn more!

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1917
  • Stories: 2
  • Living Area: 2,226 SqFt

Listing Office:

  • Office Name: Keller Williams Realty-Great Lakes
  • Office Phone: (586) 541-4000
  • Listing Agent: Erick Monzo

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: S of Freud / W of Dickerson

Price Information

Listing Price Info

Price Summary:

  • List Price: $25,000
  • Price Per SqFt: $11/SqFt

Tax Information:

  • Annual Amount: $1,198
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$82.6K

Med. Price/SqFt

$71

Avg. Days On Market

49

# of Sold Homes

433

706 Continental St vs Detroit

38 DAYS ON ROCKET

-11 Days

$25,000

-$57.6K Less

$11/SqFt

-$61 Less

KEY TAKEAWAY

This property is $57.6K less than the Median Sold Price and $61/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240027387

Listing Office:

  • Office Name: Keller Williams Realty-Great Lakes
  • Office Phone: (586) 541-4000
  • Listing Agent: Erick Monzo

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2024, 9:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 09, 2019Home Sold
$46,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,198$10,600
2020$785$10,000
2018$785$7,200
2017$783$7,300

History based on county public records data.

Payment Calculator

$192

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$141

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-7732605
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.37 miles

  • Public District Grades KG-5

school-card-donut-7732606
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 3.24 miles

  • Public Charter Grades KG-5

school-card-donut-7732607
1
/10

  • Detroit Academy of Arts and Sciences

  • 2985 E Jefferson Ave

  • 3.84 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,287. The most common annual income of people living in Detroit, MI is less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48215›706 Continental St

This home is located at 706 Continental St in Detroit, MI and zip code 48215 in the Lower East neighborhood. This 2,226 square foot home, which was built in 1917, sits on a 0.07 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $25,000.

In May 2024 more than 116 listings in Detroit, MI were sold above the asking price. During the same period more than 71 listings were sold at asking price, while more than 246 were sold below. In May 2024 in Detroit, MI there were 9.9% more homes for sale than in April 2024. Listings spent 49 days on the market in May 2024, and had a median list price of $82,639 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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