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Key Details
Sold Price $70,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 813 sqft
Price per Sqft $86
Subdivision Bungalohill (Plats)
MLS Listing ID 60280025
Sold Date 05/02/24
Style 1 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 813
Year Built 1924
Annual Tax Amount $659
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 35.00 x 140.00
Property Description
MULTIPLE OFFER SITUATION. HIGHEST AND BEST MONDAY AT 5PM. LOCATED JUST 7 MINUTES FROM THE INFAMOUS CITY OF REDFORD, YOU WILL FIND 18581 APPLETON NESTLED ON A 4,791 SQUARE FOOT LOT IN THE QUIET "SEVEN MILE-ROUGE" NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL IS RECENTLY REMODELED AND BOAST 3 SPACIOUS BEDROOMS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS A NEWLY INSTALLED FURNACE AND HOT WATER TANK. IN ADDITION, THIS HOME HAS ENTIRELY BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW.  MOREOVER SHE HAS FRESHLY ROLLED PAINT AND BRAND CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY TO BE RENTED ON A TO A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1300 ARE PAID BY THE FEDERAL GOVERNMENT. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN JUST UNDER 20% CASH ON CASH RETURN. PROPERTY TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Hot Water
Exterior
Garage Detached Garage
Garage Spaces 1.0
Waterfront No
Garage Yes
Building
Story 1 Story
Foundation Basement
Water Public Water at Street
Architectural Style Other
Structure Type Vinyl Siding
Schools
School District Detroit City School District
Others
Ownership Private
Assessment Amount $240
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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