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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
16
Photos
3
beds
1
bath
1,020
sqft
Built in
1949
**INVESTORS** This 3 bedroom, 1 bathroom West Detroit brick bungalow would be a perfect addition to your rental portfolio! The property has a long-time (5+ years) tenant with an excellent payment history and is on a MTM lease @ $800/month! Located on a quiet street, the property features forced air heating, PEX plumbing and vinyl windows! The property is located in the popular Franklin Park neighborhood which has recently seen an influx of owner occupant buyers and newly rehabbed homes, which creates an interesting long-term exit strategy for you! The property is also conveniently located near both the I-96 and Southfield freeways.
Features & Amenities
Interior
- Basement:
- Unfinished
- Heating:
- Forced air, Natural gas
Exterior
- Style:
- Bungalow
- Other Structures:
- Porch
- Pool:
- None
- Parking:
- One car garage, Detached, Driveway
Construction
- Roofing:
- Asphalt
- General:
- Brick, Brick veneer, OneandOneHalf, Basement, Block
Location
- Road/Access:
- Paved
- Originating MLS:
- Realcomp II Ltd
- School District:
- Detroit
- County:
- Wayne
Lot
- Zoning:
- W MINOCK 830 AND E 9 FT OF VAC ALLEY ADJ PALMER GROVE PARK SUB NO 2 L56 P42 PLATS, W C R 22/316 40 X 135, W22I091393S
Utilities
- Utilities:
- Above ground utilities, Cable available, Underground utilities
- Water:
- Public, Waterat street
- Sewer:
- Public sewer, Sewer at street
Financial
- Source:
- Realcomp II Ltd
This listing courtesy of:
RE/MAX Leading Edge, Ryan E Kain
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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