Thank you
Sotero M Lopez
EXP Realty, LLC
269-600-4397
This fully renovated duplex is the ideal plug and play investment for an investor looking for a turnkey fully occupied section 8 rental. Skip the stress, time, and money that comes with getting a property to pass the section 8 rental inspection, this property has recently passed inspection with both units! Two brand new section 8 families have moved in with 12 month leases. The annual income that this duplex will bring is $33,600 with the current section 8 tenants in place (lower unit $1,500 per month and upper collects $1,300 per month). Each unit is 3 bed 1 1/2 baths! Enjoy low stress investing knowing that everything is brand new therefor your future capital expenses are estimated to be extremely low.
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Laundry Facility
Heating: Forced Air
Heating Fuel: Natural Gas
Year Built: 1926
Total Units: 2
Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street
Public (Municipal)
Lot Size: 0.12
Lot Dimensions: 35 X 149
Frontage Feet: 45
Financing: Cash,Conventional
Original List Price: $229,900
Annual Tax: $0
Parcel Number: W21I008896S
Parking: 2
# of Bedrooms: 2
School District: Detroit
Water:Public (Municipal)
Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
5915 Sheridan , Detroit, MI,48213 | $10,000 | -- | -- | -- | 0.08 Acre |
7880 E Outer Drive , Detroit, MI,48213 | $40,000 | -- | -- | -- | 0.22 Acre |
8037 Harper Avenue , Detroit, MI,48213 | $90,000 | -- | -- | -- | 0.35 Acre |
11043 Wilshire Drive , Detroit, MI,48213 | $59,000 | 3 | 1.5 | 1,756 | 0.14 Acre |
14200 Hampshire Street , Detroit, MI,48213 | $65,000 | 3 | 1.5 | 1,401 | 0.09 Acre |
14259 Maiden Street , Detroit, MI,48213 | $17,900 | 3 | 1 | 1,440 | 0.09 Acre |
12630 Longview Street , Detroit, MI,48213 | $64,999 | 6 | 2 | 1,876 | 0.14 Acre |
12550 Corbett Street , Detroit, MI,48213 | $35,000 | 2 | 1 | 948 | 0.11 Acre |
11830 Corbett Avenue , Detroit, MI,48213 | $42,999 | 2 | 1 | 947 | 0.11 Acre |
12251 Wilfred Street , Detroit, MI,48213 | $99,999 | 3 | 2 | 1,192 | 0.1 Acre |
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 05/10/2024 @ 05:56
MLS: 602255449
LISTED BY: Sotero M Lopez , EXP Realty, LLC
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 3.00%
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.