3 Beds
1 Bath
1,090 SqFt
3 Beds
1 Bath
1,090 SqFt
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Sale
Square Footage 1,090 sqft
Price per Sqft $82
Subdivision Lamphere Heights Sub
MLS Listing ID 20261038725
Style Bungalow
Bedrooms 3
Full Baths 1
Year Built 1951
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type SingleFamilyResidence
Property Description
SHE ALSO HAS BEEN CAREFULLY UPGRADED WITH NEWLY INSTALLED FURNACES AND HOT WATER TANK. IN ADDITION, THIS GEM SHOWCASES ALL NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1493 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 $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 Area05033Detschcraft6Grnfldlimits
Rooms
Basement Unfinished
Entry Level, 11 X 10 Bedroom
Entry Level, 10 X 10 Bedroom
Second Level, 18 X 10 PrimaryBedroom
Entry Level, 5 X 7 BathFull
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features NoGarage
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Poured
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
Nearby Locations
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