2213 HAZELWOOD Avenue, Detroit, MI 48206 - MLS#20240071119

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Additional details

Larry Else

larry@dtrdetroit.com +1(313) 315-3215

$ 195,000

Est. payment -/mo

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Price Dropped by $4K

2213 HAZELWOOD Avenue Detroit, MI 48206

942 SqFt

UPDATED:

11/21/2024 08:45 AM

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 942 sqft

Price per Sqft $207

MLS Listing ID 20240071119

Originating Board Realcomp II Ltd

Year Built 1960

Annual Tax Amount $739

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 50.00 x 128.00

Property Description

REDUCED! LOOK AT COMPS 2283 TAYLOR, 8904 LASALLE SOLD 350, 400K SAME SUBDIVISION. LOCATED 90 SECONDS, YES 90 SECONDS FROM HISTORIC BOSTON EDISON DISTRICT YOU WILL FIND 2213 HAZELWOOD NESTLED ON A 4,312 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A MASSIVE BRAND NEW 40 YEAR TEAR OFF ROOF TOWERING OVER 6 SPACIOUS BEDROOMS . SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND HOT WATER TANK. IN ADDITION, THIS HOME DISPLAYS NEWER ELECTRICAL AND FRESHLY INSTALLED PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $2590 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING ROI. THESE TENANTS PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $200 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Location

State MI

County Wayne

Area Saginaw

Zoning Multi-Family

Direction 14th & Hazelwood

Interior

Heat Source Natural Gas

Exterior

Waterfront no

Roof Type Asphalt

Road Frontage Paved

Building

Sewer Sewer at Street

Water Water at Street

Level or Stories 1 Story

Structure Type Brick

Schools

School District Saginaw City

Others

Tax ID 21313300000

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Rebuilt Year 2024

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

Listed by Marta Kopania of 1st Michigan Real Estate

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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