$86,500
$95,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,480 SqFt
SOLD DATE : 02/14/2024
Key Details
Sold Price $86,500
Property Type Single Family Home
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,480 sqft
Price per Sqft $58
Subdivision Drennan & Seldons Lasalle College Park No 1(Plats)
MLS Listing ID 20240001074
Sold Date 02/14/24
Style Colonial
Bedrooms 3
Full Baths 2
HOA Y/N no
Originating Board Realcomp II Ltd
Year Built 1930
Annual Tax Amount $1,611
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 38.00 x 131.00
Property Description
**TURNKEY INVESTOR SPECIAL**PRICED BELOW MARKET VALUE**SKY HIGH ROI, CAP RATE OF 15%PERCENT**UPDATED
3 BED/2 FULL BATH is currently rented to a section 8 tenant for $1350 per month. Professionally managed with rental ledgers available = Monthly income without the hassle. With almost 1500 square feet, this home is in demand. Located on a well kept block on Detroit's southeast side, near Osborn high school. This property offers easy access to nearby amenities such as shopping centers, restaurants, and parks. With rising property values in the area, this is a terrific asset to add to your portfolio. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!
Location
State MI
County Wayne
Area Det 8 To Gratiot/Houston To 7
Direction Located south of McNichols between Conner and Gunston Ave
Rooms
Basement Partially Finished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Fenced
Garage Detached
Garage Description 2 Car
Fence Back Yard, Fenced
Pool No
Waterfront no
Road Frontage Paved
Garage yes
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial
Warranty No
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I013888S
Ownership Short Sale - No,Private Owned
Assessment Amount $240
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with EXP Realty