$54,590
$57,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
1,072 SqFt
SOLD DATE : 11/19/2024
Key Details
Sold Price $54,590
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,072 sqft
Price per Sqft $50
Municipality Detroit City
Subdivision Detroit City
MLS Listing ID 50157645
Sold Date 11/19/24
Bedrooms 3
Full Baths 1
Originating Board MiRealSource
Year Built 1953
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 35 X 101
Property Description
ATTENTION INVESTORS: ESTABLISHED RENTAL PROPERTY IN THE MORNINGSIDE COMMUNITY WITH EXCELLENT PAYING TENANT. $650/MONTH INCOME -MONTH TO MONTH.PERFECT TO START A RENTAL PORTFOLIO OR ADD TO AN EXISTING PORTFOLIO. CURRENTLY 9% CAP RATE. WELL-MAINTAINED VINYL-SIDED EXTERIOR, DOUBLE-PAVE SPACE ON DRIVEWAY, NEWER FURNACE AND WATER HEATER, AND VERY FAVORABLE NEIGHBORHOOD JUST WEST OF MACK AVE. CONVENIENTLY LOCATED TO THE GROSSE POINTES, DOWNTOWN AND MAJOR HIGHWAYS. PLEASE ALLOW 48-72 HRS FOR SHOWINGS. RENTAL DETAILS AND RENT ROLL AVAILABLE UPON REQUEST. LICENSED AGENT MUST BE PRESENT ON ALL SHOWINGS- BUYER AGENT TO VERIFY ALL INFORMATION/DETAILS PER LISTING.
Location
State MI
County Wayne
Area Wayne County - 100
Interior
Heating Forced Air
Exterior
Exterior Feature Fenced Back
Parking Features Detached
Garage Spaces 1.0
View Y/N No
Garage Yes
Building
Sewer Public
Structure Type Vinyl Siding
Schools
School District Detroit
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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