18041 PELKEY Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48205
Key Details
Property Type Commercial
Sub Type Real Estate Only
Listing Status Active
Purchase Type For Sale
Square Footage 2,534 sqft
Price per Sqft $74
Subdivision Trombley Pk
MLS Listing ID 20240058178
Year Built 1927
Annual Tax Amount $1,689
Lot Size 5,227 Sqft
Property Description
LOCATED 8 MINUTES FROM THE HISTORIC EAST ENGLISH VILLAGE DISTRICT, YOU WILL FIND 18041 PELKEY NESTLED ON A 5,227 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOASTS A BRAND NEW ROOF TO ENSURE REPEAT DIVIDENDS FOR MANY YEARS TO COME. YOUR APARTMENT COMPLEX CONSISTS OF 3 RECENTLY REMODELED 3 BEDROOM AND 1 BED UNITS. EACH UNIT HAS BEEN UPGRADED AND HAS ENTIRELY BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. FURTHERMORE THE ENTIRE COMPLEX HAS NEW ELECTRICAL AND PLUMBING FROM TOP TO BOTTOM. EACH SPACIOUS UNIT HAS FRESHLY ROLLED PAINT AND ONE WITH BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN RENTED WITH 3 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 3613 PAID IN FULL BY THE GOVERNMENT. TENANTS COVER ALL THE UTILITIES WITH ROI OF JUST UNDER 20 PERCNT. THE TAXES HAVE BEEN REDUCED TO ROUGHLY 75 PER MONTH. THIS DIAMOND WILL WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER. LET'S CLOSE!
Location
State MI
County Wayne
Area Det 8 To Gratiot/Houston To 7
Zoning Multi-Family
Interior
Heating Hot Water
Exterior
Waterfront no
Building
Foundation Basement
Sewer Sewer at Street
Water Water at Street
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $340
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Full Service