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About the Listing 104154 - 754912
REDUCED! LOCATED 6 MINUTES FROM HISTORIC BOSTON EDISON DISTRICT YOU WILL FIND 9304 OTSEGO NESTLED ON A 3,920 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A BRAND NEW 40 YEAR TEAR OFF ROOF PROTECTING A SPACIOUS 3 BEDROOM UNIT. EVERY WINDOW IN THIS COMPOUND HADS BEEN REPLACED WITH VINYL CLAD INSULATED WINDOWS. SHE ALSO HAS BEEN CAREFULLY UPGRADED WITH NEWLY INSTALLED FURNACE AND NEW HOT WATER TANKS. IN ADDITION, THIS GEM SHOWCASES ALL NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 YEAR SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1,419 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO JUST UNDER $100 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Residential
MLS ®
60965746
Year Built
1916
Total Square Footage
1,219
Lot/Acreage
0.09
County
Wayne
Neighborhood
Graham & Carrolls Grand River Sub
Area
Detroit (82001)
School District
Detroit City School District
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1219
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 30X124.47
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $715
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
9304 Otsego Detroit, MI 48204
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