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.

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