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Key Details
Sold Price $65,000
Property Type Single Family Home
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,382 sqft
Price per Sqft $47
Subdivision Park Manor (Plats)
MLS Listing ID 20250004916
Sold Date 03/13/25
Style Colonial
Bedrooms 3
Full Baths 2
HOA Y/N no
Originating Board Realcomp II Ltd
Year Built 1925
Annual Tax Amount $1,334
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 36.00 x 118.00
Property Sub-Type Colonial
Property Description
**AMAZING 14% CAP RATE, TERRIFIC ROI **TURNKEY INVESTOR GEM located on Detroit's westside, 15 minutes from Downtown Detroit. Priced below value, NEW FURNACE, NEW WATER TANK, this low maintenance 3 bedroom/2 bath full colonial is rented to a cash Tenant paying $1250/month. Home has nice interior features, with a great floor plan, large living room with fireplace and formal dining room. This property features a large basement for storage, vinyl windows, detached 2 car garage and private fenced yard. Very short drive to Corktown, Downtown, Parks, shopping and various dining options. Professionally managed, just sit back and make money. Tenant ledger available. Call/Text for showings. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!
Location
State MI
County Wayne
Area Det 6-Tire - Grnfld - Livernois
Direction Just north of Plymouth between Wyoming and Meyers
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Fireplace yes
Heat Source Natural Gas
Exterior
Exterior Feature Fenced
Parking Features Detached
Garage Description 2 Car
Fence Back Yard
Roof Type Asphalt
Porch Porch
Road Frontage Paved
Garage yes
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial
Warranty No
Level or Stories 2 Story
Structure Type Aluminum
Schools
School District Detroit
Others
Tax ID W18I017252S
Ownership Short Sale - No,Private Owned
Assessment Amount $250
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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Bought with Imagine Home Realty