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37
Photos
15776 SNOWDEN Street, Detroit, MI 48227
$130,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
1
bath
1,479
sqft
Built in
1928
Great Investment Opportunity at 15776 Snowden St! Currently tenant-occupied creating great cash flow at $1275/month. Cap Rate 9% based on current expenses including property management services, taxes, & insurance! Part of a 3-property rental portfolio in Detroit - can be sold individually or together (inquire about other properties). The owner has put in over $61k in updates, renovations, & finishes to this home - including $13k worth of sewer & plumbing replacement/repair! Updates include new roof, new vinyl windows & blinds, new vinyl flooring, new prime & paint, new kitchen cabinets/countertop/faucet, new ceramic tile, new lighting, & much more! (Full Scope of Work available) This home is set up for you to take over! With just under 1500 sqft of living space, this 2-story colonial has 3 Bedrooms & 1 Bathroom and offers space & features throughout making it a desirable home. The first floor has a nice flow from room to room with tons of natural light, plus a charming flex space with glass block windows and wall detail. Off the kitchen, there is an extra space to create a breakfast nook or pantry. On the second floor, you'll find the 3 bedrooms and bathroom, plus a lovely three-seasons room full of windows offering a nice retreat for residents. Unfinished basement offers storage space & the ability to rehab a half bathroom. The fenced in back yard has a nice parking pad with space to fit at least 2 vehicles. CENTRALLY LOCATED - 15 min drive to Downtown Detroit, Dearborn, Oak Park, or Ferndale. Easy access to M-10! *Some photos have been digitally edited to remove boards covering first floor windows & adding exterior imagery. Photos were taken prior to tenant moving in and windows were boarded up. The boards have been removed. Actual first floor windows will look slightly different from interior photos.*
Features & Amenities
Interior
- Basement:
- Unfinished
- Heating:
- Forced Air, Natural Gas
Exterior
- General:
- Fenced
- Style:
- Colonial
Construction
- General:
- Brick, 2 Story, Basement
Location
- Road/Access:
- Paved,Pub. Sidewalk
- School District:
- Detroit
- County:
- Wayne
Lot
- Zoning:
- E SNOWDEN N 10.8 FT 62 S 22.6 FT 61 MAGRUDER PARK SUB L62 P93 PLATS, W C R 22/672 33.4 X 107, W22I027796S
- Fencing:
- Fenced
Utilities
- Water:
- Public
- Sewer:
- Sewer-sanitary
This listing courtesy of:
Nika & Co, Jeffrey Cash
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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