NOT LISTED FOR SALE
2 Beds
2 Baths
2,538 Sq Ft
4,792 Sq Ft Lot

Last Sold May 01, 2019

Last sale price $55,000 $22 Per Sq Ft

24 Days on Market

Highlights

  • Forced Air Heating System
  • Hot Water Heating System
  • Private Entrance
  • Cass Technical High School Rated 10

About This Home

As of May 2019

Cash flowing investment property at a net return of 20.5% after overhead and management fees. Manage the property yourself at 23% ROI. Section 8/MSHDA certified, units are 100% occupied with long term tenants. HAP Contracts available upon request. Tenants pay all utilities. Low maintenance. Multiple offers in hand. Seller is calling for highest and best by Friday, March 29th at 5:00PM eastern standard time.

Last Agent to Sell the Property

Jessica Juel

Arterra Luxe Collection LLC License #6501418220 Listed on: 03/25/2019

Last Buyer's Agent

Jane Fader

Clyde Realty LLC License #6501408639

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1966

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x124.00
  • Private Entrance

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete

Interior Spaces

  • 2 Full Bathrooms
  • 2,538 Sq Ft Home
  • 1.5-Story Property

Parking

  • Paved Parking
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Drennan & Seldons Lasalle College Park No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I046364S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$776

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 1/2 Story
  • Assessment: 340
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 2538
  • Total Sq Ft: 2538

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Exterior Features: Private Entry
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Assigned Spaces, Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 500000.0000
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X124.00
  • Parcel Number: W21I046364S
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1253

Tax Info

  • Tax Amount Summer: 729.0000
  • Tax Amount Winter: 47.0000
  • Total Tax: 776.0000

Multi Family

  • Gross Scheduled Income: 15036.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of One Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Sold $55,000 0.0% $22 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
04/07/2019 04/07/19 For Sale $55,000 0.0% $22 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $55,000 -- $22 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219022635

Realcomp

APN: 21-046364.