Address unavailable., Detroit, MI 48234

$110,000 Asking Price

2 beds

1 bath

924 sqft

Built in 1927

Calling all investors! Fully TURNKEY opportunity and a great addition to your investment portfolio! Fully certified by the City of Detroit, rented, meeting all Section 8 standards, and a ROI of 12.09%. Property features a 2 bedroom 1 bathroom, Section 8 tenant on a yearly lease with a rent of $1,170/month. Seller has other similar properties for sale. Seller and agent are related.

Listing Status:: Active
Date Added:: November 19, 2024 — 37 days ago
Listing Office:: 3DX Real Estate, LLC., Roxana Yeh (248-444-1705)
Office Phone:: 888-304-1447
MLS ID:: 70442611

Features & Amenities

Interior

Basement:: MI Basement
Heating:: Natural Gas, Forced Air

Exterior

General:: Brick
Style:: Colonial

Construction

General:: 2 Story, Basement,Michigan Basement

Location

Originating MLS:: Greater Metropolitan Association of REALTORS
School District:: Detroit City School District
County:: Wayne

Lot

Zoning:: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2022. W GALLAGHER S 28.50 FT 27 FORD CONANT PARK SUB NO 2 L32 P53 PLATS, W C R 13/238 28.50 X 100, W13I023406S

Utilities

Water:: Public Water
Sewer:: Public Sanitary

Financial

Source:: Greater Metropolitan Association of REALTORS

This listing courtesy of:
3DX Real Estate, LLC., Roxana Yeh

About Detroit, MI

Housing

Number of Units: 292,561
Median Home Value: $70,234
Median Rent: $679

53.65% of housing units are renter occupied.

18.25% are vacant.

Commute

Car: 71.17%
Public Transportation: 5.99%
Walk to Work: 3.15%
Work from Home: 17.73%
Other: 1.42%

The median travel time to work is 23 minutes.

People

Population: 593,210
Median Age: 36.40
Median Household Size: 2.38

Education

High School: 33.32%
Associate’s Degree: 7.33%
Bachelor’s Degree: 9.43%
Graduate Degree: 6.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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Address unavailable., Detroit, MI 48234

$110,000 Asking Price