15596 EASTWOOD Street, Detroit, MI 48205

$68,000 Asking Price

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:
Forced air, Natural gas
Fireplace:
Living room, Fireplace

Exterior

Style:
Bungalow
Pool:
None
Parking:
Two car garage, Detached

Construction

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

Location

Road/Access:
Paved
Originating MLS:
Realcomp II Ltd
School District:
Detroit
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
Fencing:
Back yard, Fenced

Utilities

Water:
Public
Sewer:
Public sewer

Financial

Source:
Realcomp II Ltd

This listing courtesy of:
U.S. Investor Group, Wael Nehme

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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