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About the Listing 97364 - 678266
TURNKEY, CASH-FLOWING BRICK HOME NEAR THE SOUTHFIELD BORDER - JUST 4 BLOCKS FROM THE CITY LINE. THIS SOLID 3-BEDROOM CORNER-LOT PROPERTY OFFERS 898 SQ. FT. OF LIVING SPACE PLUS A LARGE 2-CAR GARAGE, MAKING IT A STRONG, LOW-MAINTENANCE INVESTMENT. THE HOME HAS BEEN FULLY RENOVATED WITH EXTENSIVE RECENT CAPITAL IMPROVEMENTS INCLUDING BRAND NEW PLUMBING, UPDATED ELECTRICAL, A NEW FURNACE AND HOT WATER TANK, NEW TILE AND LVT FLOORING THROUGHOUT, FRESH PAINT, NEW LIGHT FIXTURES, UPDATED WINDOWS, ROOFING WORK, NEW DOORS, A COMPLETELY REMODELED BATHROOM, AND A MODERN KITCHEN WITH NEW CABINETS AND COUNTERTOPS - THE LIST GOES ON. THIS PROPERTY IS FRESHLY LEASED TO A SECTION 8 TENANT GENERATING $1,620 PER MONTH IN RELIABLE INCOME, WITH THE TENANT RESPONSIBLE FOR ALL UTILITIES EXCEPT WATER/SEWER. AT THE LISTING PRICE, THIS DEAL DELIVERS AN IMPRESSIVE 15% ROI, MAKING IT AN EXCELLENT ADDITION TO ANY INVESTOR'S PORTFOLIO. A TRUE TURNKEY OPPORTUNITY WITH STRONG CASH FLOW FROM DAY ONE. NO SHOWINGS WITHOUT AN ACCEPTED OFFER.
Listing Highlights
Status
Pending
Days on Site
17
Property Type
Residential
MLS ®
60963651
Year Built
1949
Total Square Footage
898
Lot/Acreage
0.11
County
Wayne
Neighborhood
Madison Park
Area
Detroit (82001)
School District
Detroit City School District
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 898
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other:
- Water: Public Water at Street
Exterior Details
- Garage Capacity: 2 car
- Lot Dimensions: 42x110
- Roof:
- Others:
- Sewer: Public At Street
- Parking Features: Detached Garage
Financial Details
- Tax Amount: $1,509
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
19900 Southfield Detroit, MI 48235
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