5900 SEMINOLE Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48213
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $111
Subdivision Stephens Elm Pk (Plats)
MLS Listing ID 20240070471
Style Quadruplex
Bedrooms 4
Full Baths 4
Originating Board Realcomp II Ltd
Year Built 1923
Annual Tax Amount $3,442
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 30.00 x 110.00
Property Description
MULTIPLE OFFER SITUATION! HIGHEST AND BEST DUE BY MONDAY AT 5PM. REDUCED! LOCATED 6 MINUTES FROM THE HISTORIC INDIAN VILLAGE AND WEST VILLAGE, YOU WILL FIND 5900 SEMINOLE NESTLED ON A 3,484 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF AND CONSISTS OF 4 RECENTLY REMODELED, TWO BED ROOM HOMES. SHE HAS BEEN CAREFULLY UPGRADED AND HAS NEWLY INSTALLED FURNACE’S AND HOT WATER TANKS. IN ADDITION, EACH UNIT HAS BRAND NEW PLUMBING BRAND NEW ELECTRICAL AS WELL TO INSURE MAINTENANCE FREE CASH FLOW. EACH SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 4 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 5,002 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 % THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Location
State MI
County Wayne
Area Det: 6-Mack I75-Conner
Zoning Multi-Family
Direction Seminole & Medbury
Rooms
Basement Unfinished
Interior
Heating Hot Water
Fireplace no
Heat Source Natural Gas
Exterior
Pool No
Waterfront no
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Sewer at Street
Water Water at Street
Architectural Style Quadruplex
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W17I007809S
Ownership Short Sale - No,Private Owned
Assessment Amount $340
Acceptable Financing Cash,Conventional
Rebuilt Year 2024
Listing Terms Cash,Conventional
Financing Cash,Conventional