• 12935 Payton Street Detroit, Michigan 48224

  • $98,000
  • 3
    Bed(s)
  • 2
    Baths
  • 1,030
    Sq Ft
  • 0.11
    Acre

(((oh))) W(@)W - - LOOK ! Finally I can discover the future of smart investing witha great TURNKEY investor special in the BOOMING city of Detroit: Certified, Rented and VERY Profitable! If you are looking for a hassle-free and lucrative investment opportunity in one of the world's top property markets, this is the deal for you. This property features: A SECTION 8 Tenant - paying $1,350 per month, giving you a secure and steady income stream. A 14.37% ROI - making this one of the best investments anywhere. 3 Bedrooms with 1 Bathroom A Fully CERTIFIED and UPDATED property - meeting all the city and section 8 standards, saving you time and money on repairs and inspections. A prime location in Detroit, a city that is experiencing a remarkable economic and cultural revival, attracting businesses, tourists and many new residents. With this property you won't have to do anything but collect the rent checks. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. DO NOT DISTURB TENANTS. CONTACT US TODAY TO MAKE THIS PROPERTY YOURS! SELLER HAS 10 OTHER SECTION 8 PROPERTIES FOR SALE IF YOU WOULD LIKE TO BUY A PACKAGE. Property Management by RPI Management Inc Lease Term: 6/30/23 – 6/30/24. [[ Seller has multiple properties that can be bundled as package deal: 15776 Ardmore, 12935 Payton, 12110 Braile, 8666 Burt, 20006 Ohio, 19347 Conley, 18671 Shields, 19751 Fenelon, 8265 Ashton, 19260 Revere, 472 Wyoming, 12930 E Canfield, 9129 Forrer ]]

Property Type :

Residential

Subdivision :

Park Drive No 4 (plats)

County :

Wayne

Style :

Residential

Sell a home like this and save $5,381 Find Out How

Property Details

 

Bedroom Information

Total Bedrooms : 3

Bathroom Information

Total Baths: 2

Full Baths: 2

Room Information

Total Rooms: 6

Interior Features

Basement Description: Unfinished

Heating & Cooling

Heating: Forced Air

Heating Fuel: Natural Gas

Building Information

Year Built: 1943

Building Stories: 1 1/2 Story

Foundation/Basement: Basement

Architecture: Bungalow

Exterior Features

Construction: Brick

Utility Features

Sewer: Public Sewer (Sewer-Sanitary)

Water

Public (Municipal)

Lot Information

Lot Size: 0.11

Lot Dimensions: 42.00 x 115.00

Frontage Feet: 42

Property Information

SQ ft: 1030

Subdivision: PARK DRIVE NO 4 (PLATS)

Financing: Cash,Conventional

Listing Price Information

Original List Price: $98,000

Listing Information

Possession: At Close

Legal Description: W PAYTON 1070 PARK DRIVE SUB NO 4 L54 P11 PLATS, W C R 21/886 42 X 115

Tax Information

Annual Tax: $1,918

Parcel Number: W21I057503S

Possession

At Close

Legal Information

Legal Description: Section: W PAYTON 1070 PARK DRIVE SUB NO 4 L54 P11 PLATS, W C R 21/886 42 X 115

Virtual Tour

Parking Information

Has Garage: Yes

Garage Size: 1 Car

Garage Description: Detached

Multi-Unit Information

Road Frontage: Paved

School Information

School District: Detroit

Utility Information

Water:Public (Municipal)

Sewer:Public Sewer (Sewer-Sanitary)

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4814 Wayburn Street , Detroit, MI,48224 $147,900 3 1.5 1,400 0.12 Acre
4700 Neff Avenue , Detroit, MI,48224 $32,000 2 1 936 0.15 Acre
3610 Bedford Street , Detroit, MI,48224 $15,000 3 1.5 1,650 0.11 Acre
9300 Mckinney Street , Detroit, MI,48224 $104,000 3 1 1,192 0.1 Acre
11102 Courville Street , Detroit, MI,48224 $109,900 4 2 1,479 0.11 Acre
5035 Philip Street , Detroit, MI,48224 $46,500 3 1 1,158 0.09 Acre
11784 E Outer Drive , Detroit, MI,48224 $124,000 3 1 1,172 0.11 Acre
10749 E Outer Drive , Detroit, MI,48224 $94,500 3 1 1,172 0.11 Acre
10954 Rossiter Street , Detroit, MI,48224 $69,900 2 1 1,269 0.1 Acre
3690 Somerset Avenue , Detroit, MI,48224 $119,900 4 1.5 1,712 0.11 Acre
MLS Logo

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 05/04/2024 @ 13:09

MLS: 599364436
LISTED BY: John Haughton , Community Choice Realty Inc
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

Selling? Save $5,381 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion