Active

18581 Appleton Street
Detroit, MI 48219

$70,000

0 photos

3

Bedrooms

1

Full Baths

813

Square Feet
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.
Reinhart Realtors

Presented By

Reinhart Realtors

800-442-4404

Type

  • Residential

City/Township

  • Detroit

Year Built

  • 1924

MLS#

  • 20230106151

Lot Size

  • 0.11 Acres

Garage

  • Detached

Style

  • Other






Estimated Monthly Payment Breakdown


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