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$109,000
Est. payment /mo
3 Beds
1 Bath
955 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 955 sqft
Price per Sqft $114
MLS Listing ID 20251023281
Bedrooms 3
Full Baths 1
Year Built 1944
Annual Tax Amount $1,873
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 35X134.26
Property Sub-Type Single Family Residence
Property Description
FULLY TENANT-OCCUPIED SECTION 8 INVESTMENT GENERATING $1,270/MONTH IN GUARANTEED RENT. WITH 20% DOWN AND STANDARD INVESTOR FINANCING, YOU'RE LOOKING AT OVER 21% CASH-ON-CASH RETURN ANNUALLY.LOCATED IN A STRONG RENTAL POCKET OF DETROIT'S WEST SIDE, THIS PROFESSIONALLY MANAGED PROPERTY REQUIRES ZERO REHAB AND MINIMAL MAINTENANCE. TAXES AND INSURANCE ARE LOW, AND INCOME IS STABLE FROM DAY ONE.WHETHER YOU'RE EXPANDING YOUR LOCAL PORTFOLIO OR INVESTING FROM OVERSEAS, THIS IS A RARE OPPORTUNITY TO SECURE HIGH-YIELD CASH FLOW WITH LOW RISK IN AN APPRECIATING MARKET.PROOF OF FUNDS OR PRE-APPROVAL REQUIRED. DO NOT DISTURB TENANT. SHOWING ONLY WITH ACCEPTED OFFER.
Location
State MI
County Wayne
Area Wayne County - 100
Direction South of West Chicago East of Greenfield
Interior
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 2
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 22044687
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Own It Realty