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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
16
Photos
3
beds
1
bath
886
sqft
Built in
1939
GREAT BUY FOR UNDER 70K***HIGH ROI**10% CAP RATE**PERFORMING INVESTOR SPECIAL ON A TERRIFIC BLOCK - Gorgeous 3 BR Brick Bungalow with natural hardwood and living room fireplace. PRISTINE PAYING TENANT, NO BALANCE. Located on a beautifully kept street in the Mapleridge neighborhood. This area of Northeast Detroit is very popular with both renters and homeowners. Walking distance from Detroit's historic Denby High School. The property is fully rehabbed and is currently tenanted by a long term renter for $850/mo. Professionally managed. If you're looking for a solid, performing investment in a high occupancy area - this is a great buy. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!
Features & Amenities
Interior
- Basement:
- Unfinished
- Heating:
- Natural Gas, Forced Air
- Fireplace:
- LivRoom Fireplace, Fireplace
Exterior
- General:
- Brick, Fenced Yard
- Style:
- Bungalow
Construction
- General:
- 1 1/2 Story, Basement
Location
- Road/Access:
- Paved Street
- Originating MLS:
- RealComp
- School District:
- Detroit City School District
- County:
- Wayne
Lot
- Zoning:
- S EASTWOOD 307 AND N 9 FT OF VAC ALLEY ADJ DALBYS EAST POINTE SUB L50 P77 PLATS W C R 21/819 35 X 122, W21I019339S
Utilities
- Water:
- Public Water
- Sewer:
- Public Sanitary
Financial
- Source:
- RealComp
This listing courtesy of:
U.S. Investor Group, Wael Nehme
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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