$200,000
$225,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
7 Baths
5,700 SqFt
SOLD DATE : 02/28/2020
Key Details
Sold Price $200,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,700 sqft
Price per Sqft $35
Subdivision More Than One Legal Involved
MLS Listing ID 2200005293
Sold Date 02/28/20
Style Other
Bedrooms 7
Full Baths 7
Originating Board Realcomp II Ltd
Year Built 1967
Annual Tax Amount $19,191
Lot Size 1.430 Acres
Acres 1.43
Lot Dimensions 200 x 300
Property Description
Detroit is on the list of best places to buy rental properties in 2020 and here is your chance for a great investment inside of a Co-Op! This deal consists of - 7 UNITS - available inside of a 44 unit building. Active long term tenants and low Co-Op fee that includes water, sewage, heat, maintenance and property taxes make for a great capital with a desirable ROI. Within walking distance of Old Redford Academy - Elementary School - and just 20 minutes away from Downtown Detroit, this opportunity will bring you top dollar and best ROI you can get in Detroit.
Location
State MI
County Wayne
Area Det - 6 To 8, Grnfld To Limits
Zoning Multi-Family
Direction Going East on 6 Mile Rd turn slight left on Redford St - second building on your left
Rooms
Basement Common
Interior
Heating Baseboard
Cooling Wall Unit(s)
Fireplace no
Heat Source Electric
Exterior
Exterior Feature Fenced, Private Entry
Garage Spaces 7.0
Waterfront no
Accessibility Accessible Approach with Ramp, Common Area
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Sewer-Sanitary
Water Municipal Water
Architectural Style Other
Level or Stories 2 Story
Structure Type Brick,Brick Siding
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W22I014186C8
Ownership Private Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Creative USA Investment Group LLC
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Managing Partner | License ID: 6506046014
280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States