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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
16
Photos
4
beds
2
baths
1,347
sqft
Built in
1941
Amazing investment opportunity! This property is an instant cashflow opportunity. Property is TENANT OCCUPIED with a Supportive Housing Society at $1350/month! The entire rent is paid by the organization. Similar to Section 8. Lease began July 2023. Professionally managed rental, tenant plans to stay. Don't miss out on this rare opportunity of guaranteed rental income in Detroit. Property being sold as is. All dimensions are estimated and should be verified. Pictures of home from BEFORE tenant moved in. 4 bedrooms, 2 full baths!! **Showings only with accepted offer. Property is tenant occupied, please respect their privacy.** Can be packaged with 5 other occupied rental properties - see MLS 20240060564, 20240060569, 20240060579, 20240060581, 20240061650
Features & Amenities
Interior
- Basement:
- Unfinished
- Heating:
- Forced air, Natural gas
Exterior
- Style:
- Bungalow
- Pool:
- None
- Parking:
- One car garage, Detached
Construction
- General:
- Brick, OneandOneHalf, Basement, Block
Location
- Road/Access:
- Paved
- Originating MLS:
- Realcomp II Ltd
- School District:
- Detroit
- County:
- Wayne
Lot
- Zoning:
- E NEFF 62 AND W 9 FT VAC ALLEY ADJ NEFF RD SUB L67 P58 PLATS, W C R 21/1006 45 X 172.86A, W21I076214S
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- Realcomp II Ltd
This listing courtesy of:
Home Source Realty LLC, Bailee Clanton
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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