6061 15TH Street, Detroit, MI 48208

$155,000 Asking Price

6 beds
2 baths
2,274  sqft
Built in 1905

LOCATED JUST MINUTES FROM THE INFAMOUS MOTOWN MUSEUM AND NORTH END DISTRICT, YOU WILL FIND 6061 15TH STREET NESTLED ON A 3,484 SQ. FOOT LOT IN THE NEW CENTER NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL DUPLEX CONSISTS OF 2 RECENTLY REMODELED 3 BED ROOM UNITS, WHILE BOASTING A BRAND NEW ROOF WITH 40 YEAR HIGH DEFINITION SHINGLES. EACH UNIT HAS BEEN CAREFULLY UPGRADED IN ADDITION TO A NEW HOT WATER TANK. THE ENTIRE COMPLEX HAS BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. FURTHERMORE, EACH SPACIOUS UNIT HAS FRESHLY ROLLED PAINT AND HARDWOOD FLOORS. THE UNITS ARE LEASED TO SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 1275 and 1368 total of 2693 ARE PAID IN FULL BY SECTION 8. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN A NEAR 22 PERC CASH ON CASH RETURN. PROPERTY TAXES HAVE BEEN REDUCED TO ROUGHLY 150 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.


Features & Amenities

Interior

Basement:
Unfinished
Heating:
Hot water, Natural gas

Exterior

Style:
Other
Pool:
None
Parking:
No garage

Construction

General:
Vinyl siding, Two, Basement, Block

Location

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

Lot

Zoning:
W 15TH 25 HUGHES SUB L22 P27 PLATS, W C R 10/81 30 X 111.65, W10I005650S

Utilities

Water:
Waterat street
Sewer:
Sewer at Street

Financial

Source:
Realcomp II Ltd

This listing courtesy of:
1st Michigan Real Estate, Marta Kopania

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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