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14422 MADDELEIN Street

$ 175,000
14422 MADDELEIN ST ,
49
Active

Description

ATTENTION INVESTORS! THIS IS AN ALL BRICK BLDG IN THE DESIRABLE WARREN /CADIEUX AREA. 5 UNIT BLDG W/ ALL UNITS BEING SECTION 8 OCCUPIED. $3750 PER MONTH PLUS TENANTS PAY THEIR OWN LIGHTS/GAS. ALL NEW FURNACES, ELECTRICAL, PLUMBING & HOT WATER TANKS. NEW ROOF AS WELL!!! OVER 20% CASH ON CASH GOVERNMENT GUARANTEED SECTION 8 RETURN. CASH ONLY!!

ACCEPTED OFFER REQUIRED FOR SHOWINGS. PLEASE TEXT/EMAIL WITH ANY QUESTIONS REGARDING THE PROPERTY.

Address: 14422 MADDELEIN ST
City:
State/County:
Zip: 48205
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Property Id : 26718
Price: $ 175,000
Bedrooms: 5
Building size: 0.11 acres
Available Space: 2898 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Assessment: 0
Building Area Source: Prior Listing
CDOM: 1
Commercial Type: Apartments
Construction Materials: Brick
County Or Parish: Wayne
Current Use: RESIDENTIAL APARTMENTS
Directions: NORTH OF GRATIOT/EAST OF 8 MILE
Directions From EastWest: E
Directions From EastWest Detail: 8 MILE
Directions From NorthSouth: N
Directions From NorthSouth Detail: GRATIOT
DOM: 1
Foundation Details: Basement
Foundation Materials: Brick
Frontage Feet: 40
Gross Scheduled Income: 45000.00
Heating: Forced Air
Heating Fuel: Natural Gas
Last Change Type: New
List Office Name: Virtual Real Estate Services LLC
List Price By Acre: 1590909.0909
Lock Box Type: Appointment
Lot Size Dimensions: 40.00X115.00
MLS: Realcomp II Ltd
MLS Area Major: Det 8 To Gratiot/Houston To 7
MLS Area Major Number: 05054
MLS Number: 219108896
Monthly Sales: 3750
Annual Net Income: 42243.00
Number Of Units Total: 5
Operating Expense: 2757.00
Original List Price: 175000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W21I021453S
Percent Leased: 100
Postal City: Detroit
Postal Code Plus 4: 2588
Property Type: Commercial
Protection Period: 0
Rent Includes: Garbage Pickup
Road Frontage Type: Paved
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer at Street
Short Sale: No
State Equalized Value: 19500.0000
Street Name: MADDELEIN
Street Number: 14422
Street Suffix: Street
Subdivision Name: GRATIOT PARK (PLATS)
Table: Commercial
Taxable Value: 5974.0000
Tax Amount Summer: 800.0000
Tax Amount Winter: 57.0000
Tax Legal Description: S MADDELEIN 32 AND VAC MADDELEIN AVE LYG N OF & ADJ GRATIOT PARK SUB L32 P66 PLATS, W C R 21/439 40 X 115
Title: Private - Owned
Total Tax: 857.0000
Unit Count: 1
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 5
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 0
Water Source: Municipal Water
Year Built: 1930
Year Remodeled: 2019
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Existing Lease: Yes
Land Contract: No
Publish Sale Price: Yes
Waterfront: No
IDX provided courtesy of Realcomp II Ltd., via Virtual Real Estate Services LLC and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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