$78,000
$70,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
17520 MAINE Street Detroit, MI 48212
3 Beds
1.5 Baths
1,308 SqFt
Key Details
Sold Price $78,000
Property Type Single Family Home
Sub Type Split Level
Listing Status Sold
Purchase Type For Sale
Square Footage 1,308 sqft
Price per Sqft $59
Subdivision Fordham (Plats)
MLS Listing ID 20240035991
Sold Date 07/26/24
Style Split Level
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N no
Originating Board Realcomp II Ltd
Year Built 1972
Annual Tax Amount $971
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 40.00 x 72.00
Property Description
Investors look no further for a turnkey asset with strong cash flow. This lovely 3 bedroom single family home comes professionally managed with the rental license completed and a cash tenant of 2 years that would like to stay. Current lease is m2m at 1300/mo so a savvy investor can earn well over a 12% net return. The home features an extra half bath, newer furnace and water heater, kitchen and bath updates 5 years ago, and lots of space both upstairs and downstairs. Located in Cadillac Heights, near Hamtramck and only 10 minutes from downtown Detroit.
*Calling for highest & best offers due 6/10/2024 by 4pm (est)
Location
State MI
County Wayne
Area Det 6-8 Dequindre To Conner
Direction McNichols to Maine go North on Maine
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Description No Garage
Waterfront no
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Architectural Style Split Level
Warranty No
Level or Stories Bi-Level
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W09I012473S
Ownership Short Sale - No,Private Owned
Assessment Amount $240
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with R2M Realty