$55,000
$55,000
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2 Beds
2 Baths
2,538 SqFt
SOLD DATE : 05/01/2019
Key Details
Sold Price $55,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,538 sqft
Price per Sqft $21
Subdivision Drennan & Seldons Lasalle College Park No 1(Plats)
MLS Listing ID 219022635
Sold Date 05/01/19
Style Duplex
Bedrooms 2
Full Baths 2
Originating Board Realcomp II Ltd
Year Built 1966
Annual Tax Amount $776
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40.00X124.00
Property Description
Cash flowing investment property at a net return of 20.5% after overhead and management fees. Manage the property yourself at 23% ROI. Section 8/MSHDA certified, units are 100% occupied with long term tenants. HAP Contracts available upon request. Tenants pay all utilities. Low maintenance. Multiple offers in hand. Seller is calling for highest and best by Friday, March 29th at 5:00PM eastern standard time.
Location
State MI
County Wayne
Area Det 8 To Gratiot/Houston To 7
Zoning Multi-Family
Direction From Detroit, head E on Cadillac Square toward Bates, left on Randolph St, right on Gratiot Ave, left on Conner St, on Right
Interior
Hot Water Natural Gas
Heating Forced Air, Hot Water
Heat Source Natural Gas
Exterior
Exterior Feature Private Entry
Pool No
Road Frontage Paved, Pub. Sidewalk
Building
Foundation Slab
Sewer Sewer-Sanitary
Water Municipal Water
Architectural Style Duplex
Level or Stories 1 1/2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W21I046364S
Ownership Private Owned,Short Sale - No
SqFt Source PRD
Assessment Amount $340
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with City Management Group