$60,000 for Sale
8611 stout street, detroit, MI 48228
| Beds 2 | Baths 1 | 693 Sqft | 0.12 Acres |
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Property Description
AMAZING 11% CAP RATE***HIGH ROI**WARRENDALE INVESTMENT PROPERTY NEAR DEARBORN** CASH FLOWING INVESTOR SPECIAL** Performing Westside Ranch located on a solid block. Rented for $850 cash to a great tenant. This charming ranch features 2 nice size bedrooms and a full bath. Large living room, kitchen and full basement provides plenty of living space. Home has newer 3D Roof, vinyl windows and detached garage. Property is fenced and private. Terrific opportunity to add a performing rental to your portfolio. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!
General Information
Sale Price: $60,000
Price/SqFt: $87
Status: Active
MLS#: 20240081005
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: walshs john h parkside
Acres: 0.12
Lot Dimensions: 40.00 x 136.00
Bedrooms:2
Bathrooms:1 (1 full, 0 half)
House Size: 693 sq.ft.
Acreage: 0.12 est.
Year Built: 1949
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Bedroom:
Bedroom - Primary:
Bath - Full:
Kitchen:
Living Room:
Paved Road: Paved
Garage: 1 Car
Garage Description: Detached
Construction: Aluminum
Exterior: Aluminum
Exterior Misc: Fenced
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $1,436
Est. Winter Taxes: $146
Legal Description: W STOUT 61 AND E 9 FT OF VAC ALLEY ADJ JOHN H WALSHS PARKSIDE SUB L53 P7 PLATS, W C R 22/281 40 X 136
IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders
Listing By: Al Baydoun of U.S. Investor Group, Phone: (313) 644-0034
