$75,000 Price Analysis    ♡   Detroit, MI 48227 3 bed 1 bath 1,342 SqFt ($55/SqFt) 4,792SqFt lot. Built 1924 Listed 2024-06-09, Taxes $1,406 | Ⓧ USDA Ineligible due to location near Detroit |
SECTION 8 CITY CERTIFIED SKY HIGH ROI OF 10% Solid Brick 3 Bed colonial on Detroit's Westside
Cash cow produces over 13k of gross incom annually, professionally managed and turnkey ready for a savvy investor. Section 8 voucher for $1, 100/month can be maximized and increased in the future. This property has been awarded a rental certification of occupancy by the City of Detroit and passed annual section 8 re-inspection.
Features of this large colonial include- 3 nice sized bedrooms, large living room, dinning room, full bath and basement. Outside find a 3D shingled roof and vinyl windows. Family friendly with generous sized lot, detached garage and fenced yard. With a exceptional loc ation near schools, shopping and many dining options, this rental is always in demand. Add this cash flow gem to your portfolio!!!
Presented by Sam Berri, Realtor at
U. S. Investor Group.
Property MLS #20240040274 from Realcomp
Bedroom - Primary: 12.00 x 13.00
Bedroom - Primary Level: Upper
Bedroom: 9.00 x 10.00
Bedroom Level: Upper
Bedroom: 11.00 x 12.00
Bedroom Level: Upper
Kitchen: 11.00 x 11.00
Kitchen Level: First/Entry
Dining Room: 9.00 x 11.00
Dining Room Level: First/Entry
Living Room: 13.00 x 23.00
Living Room Level: First/Entry
Basement Description: Unfinished
Full Bathrooms: 1
Heating Fuel: Natural Gas
Water Heaters: Natural Gas
Fencing: Back Yard, Fenced
Frontage Length: 40
Road Frontage Type: Paved
Porch Description: Porch - Covered, Porch
Lot Size Dimensions: 40.00 x 120.00
Lot Size Square Feet: 4792
Garage Features: Detached
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directionsAnnual Tax Amount: 2633
Source Listing Status: Active
County: Wayne
Directions: E of Hubbel St, W of of Shaefer Hwy
Source Property Type: Residential
Home Warranty: No
Area: Det 6-Tire - Grnfld - Livernois
Source Neighborhood: SCHOOLCRAFT ALLOTMENT (PLATS)
Ownership Type: Short Sale - No, Private Owned
Parcel Number: W22I038431S
Postal Code Plus 4: 4818
Subdivision: SCHOOLCRAFT ALLOTMENT (PLATS)
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $20,600 | $1,406 |
| 2021 | $unknown + $unknown $15,200 | $1,367 |
| 2020 | $unknown + $unknown $15,700 | $1,367 |
| 2019 | $unknown + $unknown $12,500 | $1,346 |
| 2018 | $unknown + $unknown $10,800 | $1,173 |
| 2017 | $unknown + $unknown $10,500 | $969 |
| 2016 | $unknown + $unknown $10,400 | $976 |
| 2015 | $unknown + $unknown $12,200 | $1,091 |
| 2014 | $unknown + $unknown $13,726 | $1,193 |
| 2013 | $unknown + $unknown $17,157 | $1,414 |
| 2012 | $unknown + $unknown $19,721 | $1,575 |
| 2011 | $unknown + $unknown $21,633 | $1,715 |
| 2010 | $unknown + $unknown $24,583 | $2,338 |
| 2009 | $unknown + $unknown $27,935 | $2,580 |
| 2008 | $unknown + $unknown $32,673 | $2,759 |
| 2007 | $unknown + $unknown $32,673 | $2,784 |
$75,000
Realcomp
Listing removed 2024-06-01
$0
Realcomp
Price Changed 2024-03-20
$75,000
Realcomp
Listed 2023-12-13
$78,000
Realcomp
Sold 2022-03-21
$60,000
Public Record
Listing removed 2021-08-18
$0
AppfolioUnits
Listed for rent 2021-08-12
$850
AppfolioUnits
Listing removed 2021-08-05
$0
AppfolioUnits
Listed for rent 2021-07-21
$850
AppfolioUnits
Sold 2018-10-09
$46,500
Public Record
Listing removed 2010-06-27
$6,900
MiRealSource
Listing removed 2010-03-25
$6,900
MiRealSource
Listed 2010-01-03
$6,900
MiRealSource
Listed 2010-01-03
$6,900
MiRealSource
Listing removed 2009-12-22
$6,900
Realcomp
Price Changed 2009-12-01
$6,900
Realcomp
Listed 2009-10-20
$9,900
Realcomp
Listing removed 2009-04-10
$10,000
Realcomp
Sold 2007-06-06
$75,000
Public Record
Sold 2005-03-29
$100,000
Public Record
Sold 1994-10-26
$37,953
Public Record
Sold 1991-03-12
$28,000
Public Record
Year Built: 1924
Construction Materials: Brick
Foundation Details: Basement
Levels: 2 Story
Property Age: 100
Roof: Asphalt
Levels or Stories: 2 Story
Total Area Sqft: 1342
Total Below Grade Area: 624
Architectural Style: Colonial
Water Source: Public (Municipal)
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.