UPDATED:
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Sale
Square Footage 1,194 sqft
Price per Sqft $75
Subdivision Sprague & Visgers Sub
MLS Listing ID 20251030248
Style Colonial
Bedrooms 3
Full Baths 1
Year Built 1912
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type SingleFamilyResidence
Property Description
EVERY INCH OF ELECTRICAL HAS BEEN UPGRADED, COUPLED WITH NEWER PLUMBING AND HOT WATER TANK TO INSURE MAINTENANCE FREE CASH FLOW. FURTHERMORE SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED TO A 2 YEAR SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1495 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $50 PER MONTH. THIS DIAMOND WILL WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Location
State MI
County Wayne
Area Area05042Det6Tiregrnfldlivernois
Rooms
Basement Unfinished
Interior
Heating Electric, ForcedAir, NaturalGas
Exterior
Parking Features OneCarGarage, Detached
Garage Spaces 1.0
Pool None
View Y/N No
Garage true
Building
Foundation Basement, Poured
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
GET MORE INFORMATION