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Key Details
Sold Price $90,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,296 sqft
Price per Sqft $69
Subdivision Seven Mile Garden Sub
MLS Listing ID 60402461
Style 2 Story
Bedrooms 4
Full Baths 2
Year Built 1925
Annual Tax Amount $1,083
Lot Size 4,356 Sqft
Property Sub-Type Single Family
Property Description
This rare four bedroom house is the perfect property for someone looking to start or increase their rental portfolio! Converted from a duplex to a single family home, the furnace, water heater, electrical, and more are all new as of 2022. The full sewer line from the house to the city main was also replaced. The property is tenant occupied by a long term Section 8 tenant, with a current rental rate of $1,365. The property appraised for 107K two years ago, giving you instant equity and a stable income producing property on day one! Do not disturb tenant, showings will be considered only with an accepted offer. Property is being sold subject to tenant rights.
Location
State MI
County Wayne
Area Detroit (82001)
Interior
Heating Forced Air
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Vinyl Siding
Schools
School District Detroit City School District
Others
Acceptable Financing Conventional
Listing Terms Conventional
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Bought with Coldwell Banker Professionals Birm
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