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3
Bedrooms1
Full Baths914
Square Feet
Tremendous turn-key investment opportunity in desirable Warrendale subdivision. 3BR Ranch with hardwood floors in excellent condition. Tenant is long-term at $800/mo with six strong years of occupancy. This is a perfect home for new or out of state investors who want easy, passive income! Current CAP Rate is 13% and with a rent increase to the standard $1K per month, CAP soars to 17%. This is a winner! Priced to sell - won't last! Please do not disturb tenant. Qualified buyers only.
Type
- Residential
City/Township
- Detroit
Year Built
- 1959
MLS#
- 20240085912
Lot Size
- 0.11 Acres
Style
- Ranch
Est. Finished Above Ground
- 914 sq ft
Air Conditioning
- Central Air
Basement
- Unfinished
Road Type
- Paved
Listed By
- Century 21 Curran & Oberski
County
- Wayne
Schools
District
- Detroit
Taxes
Taxes
- $1,112
| MLS Number | New Status | Previous Status | Activity Date | New List Price | Previous List Price | Sold Price | DOM |
|---|---|---|---|---|---|---|---|
| 20240085912 | Sold | Pending | Dec 2 2024 10:10AM | $75,000 | 5 | ||
| 20240085912 | Pending | Active | Nov 18 2024 4:55PM | 5 | |||
| 20240085912 | Active | Nov 13 2024 6:40PM | $69,900 | 5 |