4128 HAVERHILL Street, Detroit, MI 48224

$85,000 Asking Price

3 beds
1 bath
1,376  sqft
Built in 1938

CALLING ALL INVESTORS**1376 Sq Ft performing cape cod in Morningside, one of Detroit's most coveted neighborhoods. MANY UPDATES and Terrific tenant paying $950 monthly rent. This cash cow yields almost 12k in annual gross income with a SOLID ROI. Home has a good roof, vinyl windows, large living room with fireplace and formal dining room. Kitchen has NEW cabinets and countertops (2024). Owner installed some new vinyl windows, doors, and replaced furnace/water tank (2021). 2 large bedrooms and full bath upstairs as well as a 3rd bedroom on the main level. Basement is wide open, clean, with newer mechanicals. Fenced yard and great curb appeal. This property would make a great longer term hold, while putting money in the next owners pocket. Easy area to find quality Tenants, close to schools, shopping and dining. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance. Call/text for more information.


Features & Amenities

Interior

Basement:
Full, Unfinished
Heating:
Hot water, Natural gas
Fireplace:
Living room, Fireplace

Exterior

Style:
Cape cod, Colonial
Other Structures:
Porch
Pool:
None
Parking:
Driveway, No garage

Construction

Roofing:
Asphalt
General:
Brick, Two, Basement, Block

Location

Road/Access:
Paved
Originating MLS:
Realcomp II Ltd
School District:
Detroit
County:
Wayne

Lot

Zoning:
E HAVERHILL 576 EAST DETROIT DEVELOPMENT COS SUB NO 1 L36 P19 PLATS, W C R 21/427 40 X 114, W21I069985S
Fencing:
Back yard

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
Realcomp II Ltd

This listing courtesy of:
U.S. Investor Group, Sam Berri

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.

Similar Homes

Message

Interested in this home?

Request more information: