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$ 75,000
Est. payment /mo
New
16666 E 8 Mile RD Detroit, MI 48205
2 Beds
2 Baths
974 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 974 sqft
Price per Sqft $77
Subdivision Tepperts Golf Park
MLS Listing ID 58050207257
Style Duplex,Ranch
Bedrooms 2
Full Baths 2
Year Built 1950
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type MultiFamily
Property Description
This is a side by side duplex-one bedroom unit each with private basements; separate driveways, separate utilities (including water); The property was sold twice...and both times the buyer's financing fell through (though no fault of the property). The seller was burned twice...The seller wants an offer now, so the seller did a huge price reduction. This is now a cash only transaction. This property makes money...one side was bringing in $535 (long term tenant) and $675 on the other. A few amenities of the property: vinyl windows; glass block windows with vents; wood flooring in the living rooms and bedrooms; profit to be made from day one of ownership!
Location
State MI
County Wayne
Area Area05054Det8Togratiothoustonto7
Rooms
Basement Concrete
Interior
Heating Forced Air, Natural Gas, Separate Meters
Fireplace No
Exterior
View Y/N No
Building
Foundation Basement
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition ShortSaleNo, Standard
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Listed by Kevin P. Brennan of Sine & Monaghan LLC