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Key Details
Sold Price $78,000
Property Type Single Family Home
Sub Type Split Level
Listing Status Sold
Purchase Type For Sale
Square Footage 1,308 sqft
Price per Sqft $59
Subdivision Fordham (Plats)
MLS Listing ID 20240035991
Style Split Level
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1972
Annual Tax Amount $971
Lot Size 3,049 Sqft
Property Description
Investors look no further for a turnkey asset with strong cash flow. This lovely 3 bedroom single family home comes professionally managed with the rental license completed and a cash tenant of 2 years that would like to stay. Current lease is m2m at 1300/mo so a savvy investor can earn well over a 12% net return. The home features an extra half bath, newer furnace and water heater, kitchen and bath updates 5 years ago, and lots of space both upstairs and downstairs. Located in Cadillac Heights, near Hamtramck and only 10 minutes from downtown Detroit.
*Calling for highest & best offers due 6/10/2024 by 4pm (est)
Location
State MI
County Wayne
Area Det 6-8 Dequindre To Conner
Interior
Heating Forced Air
Exterior
Garage Description No Garage
Waterfront no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $240
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with R2M Realty
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