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Key Details
Sold Price $25,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,250 sqft
Price per Sqft $20
Subdivision Glendale Gardens (Plats)
MLS Listing ID 60198680
Sold Date 04/04/23
Style 2 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 1,250
Year Built 1926
Annual Tax Amount $240
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 40.00 x 101.00
Property Description
Real estate investors: take a look at this rehab opportunity between Grand River and I96. The property has a brand new roof and demo/renovations have started on the interior. Rents in this area could reach $1300-1400/mo when subsidized. Projected at over 10% stabilized cash on cash return.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Hot Water
Exterior
Garage Detached Garage
Garage Spaces 2.0
Waterfront No
Garage Yes
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Aluminum
Schools
School District Detroit City School District
Others
Ownership Private
Assessment Amount $240
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with RE/MAX First
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