See all 26 photos
26 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$129,000
Est. payment /mo
3 Beds
1 Bath
898 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Pending
Purchase Type For Sale
Square Footage 898 sqft
Price per Sqft $143
Subdivision Madison Park
MLS Listing ID 60963651
Style 2 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 898
Year Built 1949
Annual Tax Amount $1,509
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 42x110
Property Sub-Type Single Family
Property Description
TURNKEY, CASH-FLOWING BRICK HOME NEAR THE SOUTHFIELD BORDER - JUST 4 BLOCKS FROM THE CITY LINE. THIS SOLID 3-BEDROOM CORNER-LOT PROPERTY OFFERS 898 SQ. FT. OF LIVING SPACE PLUS A LARGE 2-CAR GARAGE, MAKING IT A STRONG, LOW-MAINTENANCE INVESTMENT. THE HOME HAS BEEN FULLY RENOVATED WITH EXTENSIVE RECENT CAPITAL IMPROVEMENTS INCLUDING BRAND NEW PLUMBING, UPDATED ELECTRICAL, A NEW FURNACE AND HOT WATER TANK, NEW TILE AND LVT FLOORING THROUGHOUT, FRESH PAINT, NEW LIGHT FIXTURES, UPDATED WINDOWS, ROOFING WORK, NEW DOORS, A COMPLETELY REMODELED BATHROOM, AND A MODERN KITCHEN WITH NEW CABINETS AND COUNTERTOPS - THE LIST GOES ON. THIS PROPERTY IS FRESHLY LEASED TO A SECTION 8 TENANT GENERATING $1,620 PER MONTH IN RELIABLE INCOME, WITH THE TENANT RESPONSIBLE FOR ALL UTILITIES EXCEPT WATER/SEWER. AT THE LISTING PRICE, THIS DEAL DELIVERS AN IMPRESSIVE 15% ROI, MAKING IT AN EXCELLENT ADDITION TO ANY INVESTOR'S PORTFOLIO. A TRUE TURNKEY OPPORTUNITY WITH STRONG CASH FLOW FROM DAY ONE. NO SHOWINGS WITHOUT AN ACCEPTED OFFER.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Exterior
Parking Features Detached Garage
Garage Spaces 2.0
Garage Yes
Building
Story 2 Story
Foundation Basement
Water Public Water at Street
Architectural Style Bungalow
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Read Less Info
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Realtyflo Inc
GET MORE INFORMATION