12705 Promenade Street

    Detroit, MI 48213
    • $39,700
    • STATUS: Active
    • ON SITE: 161 days
    • ID#: 219041995
    UPDATED: 230 min ago
    $39,700
    • 4
      BEDS
    • 0.09
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 1,628
      SQFT
    • $24
      $/SQFT
    Type:
    Single-Family Home
    Built:
    1925
    County:
    Lot Size Dimensions:
    37.70X105.00

    School Ratings & Info

    School District:

    Description

    Located next to Gratiot and Outer Drive E Minutes away from shops and restaurants. This turnkey investment is a rare four bedroom - easy to keep rented. This property is ready to make you money at the closing table. Rented at $700 a month puts this property in the 15% ROI range with room for cashflow increase!!! All this just 5 miles away from downtown Detroit. Dont miss out on this opportunity to buy a preforming investment. HIGHLY MOTIVATED SELLER WILLING TO CONSIDER ALL OFFERS. Tenant occupied at $700/month. Tenant is unaware of sale - please DO NOT APPROACH.

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    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-10-15T23:57:16.857.
    www.nexushomesearch.com/homes/94499262

    12705 Promenade Street Detroit, MI 48213

    • Price: $39,700
    • Status: Active
    • Updated: 230 min ago
    • ID#: 219041995
    4
    Beds
    1
    Baths
    0
    ½ Baths
    0.09
    Acres
    1,628
    SQFT
    $24
    $/SQFT
    1925
    Built
    Neighborhood:
    David Trombly Estate No 3 (Plats)
    County:
    Wayne
    Area:
    Det Con-mors/Grat. Hstn/7 Mack
    School District:
    DETROIT
    Property Description
    Located next to Gratiot and Outer Drive E Minutes away from shops and restaurants. This turnkey investment is a rare four bedroom - easy to keep rented. This property is ready to make you money at the closing table. Rented at $700 a month puts this property in the 15% ROI range with room for cashflow increase!!! All this just 5 miles away from downtown Detroit. Dont miss out on this opportunity to buy a preforming investment. HIGHLY MOTIVATED SELLER WILLING TO CONSIDER ALL OFFERS. Tenant occupied at $700/month. Tenant is unaware of sale - please DO NOT APPROACH.
    Exterior Features

    Architecture Level 1 1/2 Story Architecture Style Bungalow Construction Materials Aluminum Foundation Details Basement Foundation Materials Block Garage Size No Garage Garage YN No Lot Size Dimensions 37.70X105.00 Pool YN No Porch Type Porch - Covered Road Frontage Feet 37 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

    Interior Features

    Basement Type Unfinished Basement YN Yes Baths Total 1.00 Fireplace YN No Heating Forced Air Heating Fuel Natural Gas Room Count 8 Rooms Bedroom (Entry Level) Sq Ft Combined 1628 Sq Ft Source Prd Sq Ft Total Basement 800

    Property Features

    Assessment 0 Association Fee YN No Exclusions YN No Homestead YN No Land Contract YN No Listing Financing CashConventional Ownership Status Private OwnedShort Sale - No Possession Subject To Tenant Rights Postal City Detroit Protection Period 90 Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 708.0000 Tax Amount Winter 58.0000 Title Private - Owned Total Tax 766.0000 Transaction Type Sale Unparsed Address 12705 PROMENADE ST Warranty No Water Source Municipal Water

    IDX provided courtesy of Realcomp II Ltd., via Keller Williams Realty-Great Lakes and Realcomp, ©2019 Realcomp II Ltd. Shareholders.


    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-10-15T23:57:16.857.
     
    RE/MAX Nexus
    255 E. Brown St - Suite 205
    Birmingham MI, 48009