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27
Photos
4609 VANCOUVER Street, Detroit, MI 48204
$200,000 Asking Price
$---/mo Est. Payment Get Prequalified »
6
beds
2
baths
2,214
sqft
Built in
1914
LOCATED 6 MINUTES FROM HISTORIC BOSTON EDISON DISTRICT YOU WILL FIND 4609 VANCOUVER NESTLED ON A 3,920 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A BRAND NEW 40 YEAR TEAR OFF ROOF TOWERING OVER TWO SPACIOUS 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND 2 HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS NEWER ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1595 AND $1360 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING TOTAL OF $2955. THESE TENANTS PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Features & Amenities
Interior
- Basement:
- Full, Unfinished
- Heating:
- Natural gas, Wall furnace
Exterior
- Style:
- Other
- Pool:
- None
- Parking:
- No garage
Construction
- General:
- Brick, Two, Basement, Block
Location
- Road/Access:
- Paved
- Originating MLS:
- Realcomp II Ltd
- School District:
- Detroit
- County:
- Wayne
Lot
- Zoning:
- S VANCOUVER 135 HOLDEN & MURRAYS NORTHWESTERN SUB L28 P10 PLATS, W C R 14/141 32 X 127.50, W14I002253S
Utilities
- Water:
- Waterat street
- Sewer:
- Sewer at Street
Financial
- Source:
- Realcomp II Ltd
This listing courtesy of:
1st Michigan Real Estate, Marta Kopania
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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