$129,000 for Sale
19900 southfield road, detroit, MI 48235
| Beds 3 | Baths 1 | 898 Sqft | 0.11 Acres |
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Property Description
TURNKEY, CASH-FLOWING BRICK HOME NEAR THE SOUTHFIELD BORDER - JUST 4 BLOCKS FROM THE CITY LINE. THIS SOLID 3-BEDROOM CORNER-LOT PROPERTY OFFERS 898 SQ. FT. OF LIVING SPACE PLUS A LARGE 2-CAR GARAGE, MAKING IT A STRONG, LOW-MAINTENANCE INVESTMENT. THE HOME HAS BEEN FULLY RENOVATED WITH EXTENSIVE RECENT CAPITAL IMPROVEMENTS INCLUDING BRAND NEW PLUMBING, UPDATED ELECTRICAL, A NEW FURNACE AND HOT WATER TANK, NEW TILE AND LVT FLOORING THROUGHOUT, FRESH PAINT, NEW LIGHT FIXTURES, UPDATED WINDOWS, ROOFING WORK, NEW DOORS, A COMPLETELY REMODELED BATHROOM, AND A MODERN KITCHEN WITH NEW CABINETS AND COUNTERTOPS - THE LIST GOES ON. THIS PROPERTY IS FRESHLY LEASED TO A SECTION 8 TENANT GENERATING $1,620 PER MONTH IN RELIABLE INCOME, WITH THE TENANT RESPONSIBLE FOR ALL UTILITIES EXCEPT WATER/SEWER. AT THE LISTING PRICE, THIS DEAL DELIVERS AN IMPRESSIVE 15% ROI, MAKING IT AN EXCELLENT ADDITION TO ANY INVESTOR'S PORTFOLIO. A TRUE TURNKEY OPPORTUNITY WITH STRONG CASH FLOW FROM DAY ONE. NO SHOWINGS WITHOUT AN ACCEPTED OFFER.
General Information
Sale Price: $129,000
Price/SqFt: $144
Status: Active
MLS#: rcomi60963651
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: madison park
Acres: 0.11
Lot Dimensions: 42x110
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 898 sq.ft.
Acreage: 0.11 est.
Year Built: 1949
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1: 11x12
Bedroom 2 : 8x10
Bedroom 3: 15x15
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved Street
Garage: 2
Garage Description: Detached Garage
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Fuel: Natural Gas
Waste: Public At Street
Watersource: Public Water at Street
Tax, Fees & Legal
Est. Summer Taxes: $1,377
Est. Winter Taxes: $132
HOA fees:
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Listing By: Marta Kopania of Realtyflo Inc, Phone: 313-466-7253
