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17145 KENTUCKY Street

$ 110,000
in
17145 KENTUCKY ST ,
8
Active

Description

*THE BEST INCOME PRODUCING DETROIT MULTIFAMILY PROPERTIES ON THE MARKET*

TAKE A LOOK AT 17145-17147 KENTUCKY , THIS BEAUTIFUL LARGE BRICK MULTIFAMILY BUILDING
HAS TWO THREE BEDROOM UNITS BOTH ARE TENANT OCCUPIED AND PRODUCING INCOME.

THE FIRST BEST THING ABOUT THIS PROPERTY IS THE INCOME ITS PRODUCING, $1548 PER MTH.
LOWER UNIT IS A SECTION 8 LEASE FOR $848. UPPER UNIT IS A CASH LEASE FOR $700.

THE SECOND BEST THING ABOUT THIS PROPERTY IS ITS CONDITION, LOWER UNIT HAS BEEN SECTION 8 INSPECTED AND APPROVED FOR THE NEXT YEAR.

THE THIRD BEST THING ABOUT THIS PROPERTY IS ITS LOCATION. THIS PROPERTY IS IN THE PRESTIGIOUS BAGLEY COMMUNITY. AND WITHIN WALKING DISTANCE OF MARYGROVE COLLEGE, UNIVERSITY OF DETROIT MERCY, AND THE LIVERNOIS AVENUE OF FASHION
PLEASE CHECK OUT THE TWO OTHER PROPERTIES THAT ARE AVAILABLE FROM THE SAME OWNER MLS#219007859 17169 MONICA , & MLS#219007861 17551 SANTA ROSA
OWNERS WILL BE WILLING TO SELL ALL THREE AS A PACKAGE IF INTERESTED

Address

Address: 17145 KENTUCKY ST
City:
State/County:
Zip: 48221
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Details

Property Id : 26082
Price: $ 110,000
Bedrooms: 2
Bathrooms: 2
Building size: 0.09 acres
Available Space: 2116 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Upper/Lower Apartment
Assessment: 0
Basement Type: Finished
Baths Full: 2
Baths Half: 0
CDOM: 192
Construction Materials: Brick
County Or Parish: Wayne
Directions: M-10 to Wyoming, Wyoming to Mc Nichols, Mc Nichols to Kentucky
Directions From EastWest: E
Directions From EastWest Detail: McNichols
Directions From NorthSouth: N
Directions From NorthSouth Detail: Wyoming
DOM: 25
Foundation Details: Basement
Foundation Materials: Brick
Frontage Feet: 42
Gross Scheduled Income: 18000.00
Heating: Forced Air
Heating Fuel: Natural Gas
Income Projection: Projected
Last Change Type: Price Decrease
List Office Name: Prestige Realty Services LLC
List Price By Acre: 1222222.2222
Lock Box Type: Appointment
Living Area Source: Public Records
Lot Size Dimensions: 35.00X114.00
MLS: Realcomp II Ltd
MLS Area Major: Det 6-8 Grfld-Dequindre
MLS Area Major Number: 05041
MLS Number: 219094964
Monthly Rental Income: 1500
Number Of Units Leased: 2
Annual Net Income: 13000.00
Number Of Units Total: 2
Original List Price: 125000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W16I036955S
Postal City: Detroit
Postal Code Plus 4: 2446
Property Type: Multifamily
Protection Period: 45 Days
Pets Allowed: No
Road Frontage Type: Pub. Sidewalk
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer at Street
Short Sale: No
State Equalized Value: 25000.0000
Street Name: KENTUCKY
Street Number: 17145
Street Suffix: Street
Subdivision Name: AURORA PARK SUB (PLATS)
Sqft Combined: 4116
Sqft Lower Floor: 2000
Sqft Total Bsmt: 2000
Table: Multi Family
Tax Amount Summer: 1120.0000
Tax Amount Winter: 94.0000
Tax Legal Description: W KENTUCKY 39 AURORA PARK SUB L44 P56 PLATS, W C R 16/281 35 X 114
Title: Private - Owned
Total Tax: 1214.0000
Unit Count: 2
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 0
Unit Three Bed Number Of: 1
Unit Two Bed Number Of: 1
Water Source: Water at Street
Year Built: 1929
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Existing Lease: Yes
Land Contract: No
Publish Sale Price: Yes
Waterfront: No
Basement: Yes
Down Payment Resource: No
Percent Homestead Exempt: No
Pool: No
IDX provided courtesy of Realcomp II Ltd., via Prestige Realty Services LLC and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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