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About the Listing 97364 - 678266
REDUCED! FULLY RENOVATED CASH-FLOW GEM NEAR BOSTON EDISON DISTRICT LOCATED JUST SIX MINUTES FROM THE HISTORIC BOSTON EDISON DISTRICT, THIS EXCEPTIONAL DUPLEX AT 2463 FORD SITS NESTLED ON A 3,485 SQ. FT. LOT IN A QUIET, STABLE NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL IS AN INVESTOR'S DREAM, FEATURING SIGNIFICANT RECENT CAPITAL IMPROVEMENTS DESIGNED FOR LOW-MAINTENANCE OPERATION: EXTERIOR: BRAND NEW TEAR-OFF 40-YEAR CROWN ROOF, GUTTERS, AND TRIM. MOST WINDOWS HAVE BEEN UPGRADED TO TOP-OF-THE-LINE, MAINTENANCE-FREE, LOW-E APPOINTMENTS. SYSTEMS: BRAND NEW FURNACES AND NEWLY INSTALLED HOT WATER TANKS, BRAND NEW PLUMBING, AND UPDATED ELECTRICAL SYSTEMS ENSURE HASSLE-FREE CASH FLOW FOR YEARS TO COME. INTERIORS: TWO SPACIOUS UNITS (ONE TWO-BEDROOM, ONE THREE-BEDROOM) FEATURE FRESHLY RENOVATED BATHROOMS, NEW PAINT THROUGHOUT, AND NEWLY REFURBISHED OR CURATED HARDWOOD FLOORS. INVESTMENT HIGHLIGHTS: THIS PROPERTY OFFERS RELIABLE MONTHLY INCOME OF OVER $2,500. TENANTS ARE RESPONSIBLE FOR ALL UTILITIES EXCEPT WATER, ALLOWING THIS INVESTMENT TO GENERATE A ROBUST RETURN ON INVESTMENT OF JUST UNDER 20 PERCENT. TAXES HAVE BEEN SUCCESSFULLY REDUCED TO APPROXIMATELY $200 PER MONTH. THIS DIAMOND IS READY TO BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NOTE: NO SHOWINGS WITHOUT AN ACCEPTED FULL-LIST OFFER. LET'S CLOSE
Listing Highlights
Status
Active
Days on Site
42
Property Type
Multi-Family
MLS ®
60951475
Year Built
1925
Total Square Footage
2,400
Lot/Acreage
0.08
County
Wayne
Neighborhood
Robert Oakmans Twelfth St
Area
Detroit (82001)
School District
Detroit City School District
Interior Details
- Bedrooms: 0
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2400
- Below Ground Sq Ft: n/a
- Basement: Block
- Other:
- Water: Public Water at Street
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 35X100
- Zoning: Multi-Family
- Roof:
- Others:
- Sewer: Public At Street
Financial Details
- Tax Amount: $2,436
- 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
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Questions About..
2463 Ford Detroit, MI 48238
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