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Additional details

Realtyflo Inc

team@realtyflo.com +1(313) 466-7253

$ 129,000

Est. payment -/mo

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New

19900 Southfield RD Detroit, MI 48235

3 Beds

1 Bath

898 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 898 sqft

Price per Sqft $143

Subdivision Madison Park

MLS Listing ID 20261002852

Style Bungalow

Bedrooms 3

Full Baths 1

Year Built 1949

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type SingleFamilyResidence

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.

Location

State MI

County Wayne

Area Area05032Det6To8Grnfldtolimits

Rooms

Basement Unfinished

Entry Level, 8 X 10 Bedroom

Second Level, 15 X 15 Bedroom

Entry Level, 8 X 8 BathFull

Entry Level, 11 X 12 Bedroom

Interior

Heating Natural Gas, Wall Furnace

Fireplace No

Exterior

Parking Features TwoCarGarage, Detached

Garage Spaces 2.0

Pool None

View Y/N No

Garage true

Building

Foundation Basement, Poured

Sewer Sewer At Street

Water WateratStreet

New Construction No

Schools

High Schools Detroit

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Listed by Marta Kopania of Realtyflo Inc

Realtyflo Inc

Brokerage | License ID: 6505386963

+1(313) 466-7253

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