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$247777   Price Analysis
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3803 Tyler St
Detroit, MI 48238
7 bed 3 bath 2600 SqFt ($95/SqFt)
3920SqFt lot. Built 1927
Listed 2024-05-17
Ⓧ USDA Ineligible
due to location

near Detroit

We are look ing for a quick

Cash, close. 100% Occupied Section 8. 77% of rent paid by federal government each month. $3750 gross $2812 less 25% mgmt/vac/capx $2212 less $600 tax/ns/utils $26, 550 annual NOI 10.71% CAP Rate @ $247, 777 Detroit invested $21M to revitalize the this block/neighborhood Brand new restaurants at end the street and construction everywhere 4052 Tyler Street appraised @ 260k

We are look ing for a quick, cash, close. 100% Occupied Section 8. 77% of rent paid by federal government each month. $3750 gross $2812 less 25% mgmt/vac/capx $2212 less $600 tax/ns/utils $26, 550 annual NOI 10.71% CAP Rate @ $247, 777 Detroit invested $21M to revitalize the this block/neighborhood Brand new restaurants at end the street and construction everywhere 4052 Tyler Street appraised @ 260k


Presented by Steve Koleno at
Beycome Brokerage Realty LLC.


Property MLS #20240032597 from Realcomp

Bedrooms: 7

Total Bathrooms: 2.10
Full Bathrooms: 2
1/2 Bathrooms: 1

Cable Available

Heating Features: Hot Water
Heating Fuel: Natural Gas

Lot Size Acres: 0.09
Lot Size Dimensions: 35.00 x 116.00
Lot Size Square Feet: 3920

Road Frontage Type: Paved
Porch Description: Balcony

Parking Features: 1

Gross Scheduled Income: 45000.00

Number of Units: 3
Number of 2 Bedroom Units: 2
Number of 3 Bedroom Units: 1

School District: Detroit

Central Collegiate Academy is a public high school located approximately 1 miles away.
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Durfee Elementary-Middle School is a public elementary and middle school located approximately 1.1 miles away.
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St. Cecilia School is a private elementary and middle school located approximately 1.1 miles away.
directions icon Map directions

Pets Allowed: No

ActivationDate : 2024-05-17
Annual Tax Amount: 1424
Source Listing Status: Active
County: Wayne
Directions: Continue onto Davison W, Turn right onto Petoskey Ave, Turn left at the 2nd cross street onto Tyler St, Destination will be on the right
Source Property Type: Multifamily
Area: Det: Livernois-I75 6-Gd River
Source Neighborhood: SULLIVANS DEXTER BLVD NO 1 (PLATS)
Ownership Type: Short Sale - No, Private Owned
Parcel Number: W14I005240S
Postal Code Plus 4: 3782
Subdivision: SULLIVANS DEXTER BLVD NO 1 (PLATS)
Zoning: Residential
Source System Name: C2C

Price Changed 2024-06-24
$247777
Realcomp
Relisted 2024-05-23
$265555
Realcomp
Listing removed 2024-05-20
$0
Realcomp
Listed 2024-05-17
$265500
Realcomp

Total Square Feet Living: 2600
Year Built: 1927
Construction Materials: Brick
Foundation Details: Slab
Property Age: 97
Roof: Composition
Levels or Stories: 2 Story
House Style: 2 Story
Total Area Sqft: 2600
Total Below Grade Area: 1300

Sewer: Public Sewer (Sewer-Sanitary)
Water Source: Public (Municipal)
Click Thumbnail Images To View Full Size
house_viewlaundry_roomlaundry_roomliving_roomkitchen
unknownbathroombedroomunknowndining_room

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.