21
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$130,000
Est. payment /mo
4 Beds
1 Bath
1,099 SqFt
New
13558 Pinehurst Street Detroit, MI 48238 2234
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Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,099 sqft
Price per Sqft $118
Subdivision Glendale Gardens
MLS Listing ID 60959850
Style 2 Story
Bedrooms 4
Full Baths 1
Abv Grd Liv Area 1,099
Year Built 1924
Annual Tax Amount $853
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 35X101
Property Sub-Type Single Family
Property Description
TURNKEY, CASH-FLOWING BUNGALOW NEAR DAVISON–SCHOOLCRAFT OFFERING 4 BEDROOMS AND 1 FULL BATH. LOCATED AT 13558 PINEHURST ST., THIS BEAUTIFULLY UPDATED HOME SITS ON A 3,525 SQ. FT. LOT IN A QUIET, WELL-KEPT NEIGHBORHOOD DOMINATED BY LONG-TERM HOMEOWNERS. THIS PROPERTY IS A TRUE INVESTOR WIN, WITH EXTENSIVE RECENT CAPITAL IMPROVEMENTS DESIGNED FOR MINIMAL MAINTENANCE AND MAXIMUM RETURNS. ALL WINDOWS HAVE BEEN REPLACED, AND MAJOR SYSTEMS HAVE BEEN UPGRADED INCLUDING A BRAND NEW FURNACE, HOT WATER TANK, NEW PLUMBING, AND UPDATED ELECTRICAL - SETTING THE STAGE FOR YEARS OF WORRY-FREE OWNERSHIP. INSIDE, YOU'LL FIND A FULLY RENOVATED KITCHEN AND BATHROOM, FRESH PAINT THROUGHOUT, AND NEW LVT FLOORING AND BERBER CARPETING. THE PROPERTY IS FRESHLY LEASED FOR $1,500 IN RELIABLE MONTHLY SECTION 8 RENT, WITH THE TENANT RESPONSIBLE FOR ALL UTILITIES EXCEPT WATER, RESULTING IN A STRONG RETURN JUST UNDER 15%. TAXES HAVE BEEN REDUCED TO APPROXIMATELY $85 PER MONTH. A RECENT COMP ON THE SAME STREET SOLD FOR $140,000 - IMMEDIATE EQUITY UPON CLOSING. THIS DIAMOND IS READY FOR ITS NEXT OWNER. NO SHOWINGS WITHOUT AN ACCEPTED FULL-PRICE OFFER. LET'S CLOSE.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Forced Air, Hot Water
Exterior
Garage No
Building
Story 2 Story
Foundation Basement
Water Public Water at Street
Architectural Style Bungalow
Structure Type Aluminum
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Realtyflo Inc
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