17161 Redford Street

    Detroit, MI 48219
    • $225,000
    • STATUS: Active
    • ON SITE: 28 days
    • ID#: 2200005293
    UPDATED: 25 min ago
    $225,000
    • 0
      BEDS
    • 1.43
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    • 5,700
      SQFT
    • $39
      $/SQFT
    Type:
    Multi-Family
    Built:
    1967
    County:
    Zoning:
    Multi-Family
    Lot Size Dimensions:
    200 X 300

    School Ratings & Info

    School District:

    Description

    Detroit is on the list of best places to buy rental properties in 2020 and here is your chance for a great investment inside of a Co-Op! This deal consists of - 7 UNITS - available inside of a 44 unit building. Active long term tenants and low Co-Op fee that includes water, sewage, heat, maintenance and property taxes make for a great capital with a desirable ROI. Within walking distance of Old Redford Academy - Elementary School - and just 20 minutes away from Downtown Detroit, this opportunity will bring you top dollar and best ROI you can get in Detroit.

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    © 2020 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Springview Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2020-02-18T18:57:27.827.
    www.springviewrealty.com/homes/102439198

    17161 Redford Street Detroit, MI 48219

    • Price: $225,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: 2200005293
    0
    Beds
    7
    Baths
    0
    ½ Baths
    1.43
    Acres
    5,700
    SQFT
    $39
    $/SQFT
    1967
    Built
    Neighborhood:
    MORE THAN ONE LEGAL INVOLVED
    County:
    Wayne
    Area:
    Det - 6 To 8, Grnfld To Limits
    School District:
    DETROIT
    Property Description
    Detroit is on the list of best places to buy rental properties in 2020 and here is your chance for a great investment inside of a Co-Op! This deal consists of - 7 UNITS - available inside of a 44 unit building. Active long term tenants and low Co-Op fee that includes water, sewage, heat, maintenance and property taxes make for a great capital with a desirable ROI. Within walking distance of Old Redford Academy - Elementary School - and just 20 minutes away from Downtown Detroit, this opportunity will bring you top dollar and best ROI you can get in Detroit.
    Exterior Features

    Architecture Level 2 Story Architecture Style Other Construction Materials BrickBrick Siding Exterior Features FencedPrivate Entry Foundation Details Basement Foundation Materials BlockBrick Lot Size Dimensions 200 X 300 Multifamily Parking Assigned SpacesOn Street Parking Total 7 Pool YN No Road Frontage Type Paved Waterfront YN No

    Interior Features

    Basement Type Common Basement YN Yes Baths Total 7.00 Cooling Wall Unit(S) Heating Baseboard Heating Fuel Electric Room Count 0 Sq Ft Combined 5700 Sq Ft Total Basement 13200 Unit Efficiency Number Of 0 Unit One Bed Number Of 3 Unit Three Bed Number Of 0 Unit Two Bed Number Of 4

    Property Features

    Assessment 0 Encroachment YN No Exclusions YN No Gross Scheduled Income 54600.00 Income Projection Actual Land Contract YN No Listing Financing Cash Monthly Rental Income 4550 Net Operating Income 35820.00 Number Of Units Leased 7 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Postal City Detroit Protection Period 6 Months Rent Includes Association FeeGarbage PickupHeatSnow RemovalWater/SewerYard Maintenance Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 17456.0000 Tax Amount Winter 1735.0000 Title Private - Owned Total Tax 19191.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 17161 REDFORD ST Water Source Municipal Water Zoning Multi-Family

    IDX provided courtesy of Realcomp II Ltd., via Real Estate One-Troy and Realcomp, ©2020 Realcomp II Ltd. Shareholders.


    © 2020 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Springview Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2020-02-18T18:57:27.827.
     
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