13601 NORTHLAWN Street Pending Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48238
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $82
Subdivision Greenfield Park No 4 (Plats)
MLS Listing ID 20240078427
Style Duplex
Bedrooms 2
Full Baths 2
Year Built 1926
Lot Size 3,484 Sqft
Property Description
MULTIPLE OFFERS RECEIVED, HIGHEST AND BEST MONDAY AT NOON. LOCATED 6 MINUTES FROM HISTORIC BOSTON EDISON DISTRICT YOU WILL FIND 13601 NORTHLAWN NESTLED ON A 3,675 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A BRAND NEW TEAR OFF ROOF TOWERING OVER TWO SPACIOUS 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH A NEW HEATING SYSTEM AND NEW WINDOWS. IN ADDITION, THIS HOME DISPLAYS BRAND NEW ELECTRICAL AND PLUMBING SYSTEMS TO INSURE MAINTENANCE FREE CASH FLOW. NEWLY RENOVATED WITH FRESH CARPET & PAINT. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1293 AND $1293 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING TOTAL OF $2586. THESE TENANTS PAYS ALL THE UTILITIES MINUS WATER WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Location
State MI
County Wayne
Area Det 6-Tire - Grnfld - Livernois
Zoning Multi-Family
Interior
Heating Wall/Floor Furnace
Exterior
Garage Spaces 1.0
Waterfront no
Building
Foundation Basement
Sewer Sewer at Street
Water Water at Street
Structure Type Brick
Schools
School District Detroit
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional