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About the Listing 97364 - 678266
TURNKEY, CASH-FLOWING BUNGALOW NEAR DAVISON–SCHOOLCRAFT OFFERING 4 BEDROOMS AND 1 FULL BATH. LOCATED AT 13558 PINEHURST ST., THIS BEAUTIFULLY UPDATED HOME SITS ON A 3,525 SQ. FT. LOT IN A QUIET, WELL-KEPT NEIGHBORHOOD DOMINATED BY LONG-TERM HOMEOWNERS. THIS PROPERTY IS A TRUE INVESTOR WIN, WITH EXTENSIVE RECENT CAPITAL IMPROVEMENTS DESIGNED FOR MINIMAL MAINTENANCE AND MAXIMUM RETURNS. ALL WINDOWS HAVE BEEN REPLACED, AND MAJOR SYSTEMS HAVE BEEN UPGRADED INCLUDING A BRAND NEW FURNACE, HOT WATER TANK, NEW PLUMBING, AND UPDATED ELECTRICAL - SETTING THE STAGE FOR YEARS OF WORRY-FREE OWNERSHIP. INSIDE, YOU'LL FIND A FULLY RENOVATED KITCHEN AND BATHROOM, FRESH PAINT THROUGHOUT, AND NEW LVT FLOORING AND BERBER CARPETING. THE PROPERTY IS FRESHLY LEASED FOR $1,500 IN RELIABLE MONTHLY SECTION 8 RENT, WITH THE TENANT RESPONSIBLE FOR ALL UTILITIES EXCEPT WATER, RESULTING IN A STRONG RETURN JUST UNDER 15%. TAXES HAVE BEEN REDUCED TO APPROXIMATELY $85 PER MONTH. A RECENT COMP ON THE SAME STREET SOLD FOR $140,000 - IMMEDIATE EQUITY UPON CLOSING. THIS DIAMOND IS READY FOR ITS NEXT OWNER. NO SHOWINGS WITHOUT AN ACCEPTED FULL-PRICE OFFER. LET'S CLOSE.
Listing Highlights
Status
Active
Days on Site
43
Property Type
Residential
MLS ®
60959850
Year Built
1924
Total Square Footage
1,099
Lot/Acreage
0.08
County
Wayne
Neighborhood
Glendale Gardens
Area
Detroit (82001)
School District
Detroit City School District
Interior Details
- Bedrooms: 4
- Bathrooms: 1 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air,Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1099
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other:
- Water: Public Water at Street
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 35X101
- Roof:
- Others:
- Sewer: Public At Street
Financial Details
- Tax Amount: $853
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
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Questions About..
13558 Pinehurst Detroit, MI 48238
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