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$65,000
Est. payment /mo
5 Beds
3 Baths
1,489 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,489 sqft
Price per Sqft $43
MLS Listing ID 20251020215
Bedrooms 5
Full Baths 2
Half Baths 1
Year Built 1938
Annual Tax Amount $1,273
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 35X117
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Investor Special on Detroit's Eastside!This spacious 5-bedroom, 1,400 sq ft colonial has serious cash flow potential! With newer electrical, plumbing, and a recently updated furnace, much of the heavy lifting has already been done. Some updated windows are already in place, and the property is currently being monitored for added peace of mind. The home does need some TLC and the roof is an older 3-tab, but the upside is strong—after-repair value (ARV) is estimated around $140,000, and rental rates of $1,400/month make this an excellent buy-and-hold opportunity. Don't miss out—schedule your showing today!
Location
State MI
County Wayne
Area Wayne County - 100
Direction Take Stotter off of 8 mile
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Spaces 2.0
View Y/N No
Roof Type Asphalt
Garage Yes
Building
Story 2
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 15005742
Acceptable Financing Cash
Listing Terms Cash
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Listed by Keller Williams Advantage