THIS CROWN JEWEL IS RECENTLY REMODELED JUST MINUTES FROM GORSSE POINTE WOODS. THIS HOME HAS ENTIRELY NEW ELECTRICAL AND PLUMBING TO INSURE A MAINTENANCE FREE CASH FLOW. MOREOVER SHE HAS BEEN FRESHLY PAINTED AND HAS NEW WALL TO WALL CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY WAS JUST RENTED TO A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF A WHOPPING $1500 ARE PAID BY THE FEDERAL GOVERNMENT. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN JUST UNDER 15% CASH ON CASH RETURN. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER. COMMISSIONS TO BE PAID BY SELLER.
Property Type :
Residential
Subdivision :
Obenauer Barber Laing Cos Ternes Gardens (plats)
County :
Wayne
Style :
Residential
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ByOwner last updated this listing 04/29/2024 @ 15:11
MLS: 605341788
LISTED BY: Marta Kopania , 1st Michigan Real Estate
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.
