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2935 EWALD Circle

$ 69,000
2935 EWALD CIR ,
31
Active

Description

OUTSTANDING OPPORTUNITY- Duplex with 2 beds and 1 bath each, featuring fresh paint, and new flooring throughout and updated kitchens, in Up and coming area one street over from Oakman BLVD. All heavy lifting has been done by owner including new furnace, and new hot water tank to be placed at closing, very minor things such as a few light fixtures(pictured) and touch ups throughout to get units move in ready. Low taxes coupled with average rent for 2 bedroom homes with section 8 at $800/mo per unit, can make this investment a 20%ROI for new owner. As is sale.

Address: 2935 EWALD CIR
City:
State/County:
Zip: 48238
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Property Id : 30204
Price: $ 69,000
Bedrooms: 2
Bathrooms: 2
Building size: 0.12 acres
Available Space: 1500 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Duplex
Assessment: 0
Basement Type: Unfinished
Baths Full: 2
Baths Half: 0
CDOM: 2
Construction Materials: Brick
County Or Parish: Wayne
Directions: turn on Ewald from Davison
Directions From EastWest: E
Directions From EastWest Detail: Davison
Directions From NorthSouth: S
Directions From NorthSouth Detail: Livenoois
DOM: 2
Foundation Details: Basement
Foundation Materials: Block
Frontage Feet: 50
Gross Scheduled Income: 19200.00
Heating: Forced Air
Heating Fuel: Natural Gas
Income Projection: Projected
Last Change Type: New
List Office Name: IQ Properties LLC
List Price By Acre: 575000.0000
Lock Box Type: Appointment
Living Area Source: Owner
Lot Size Dimensions: 50.00X100.00
MLS: Realcomp II Ltd
MLS Area Major: Det 6-Tire - Grnfld - Livernois
MLS Area Major Number: 05042
MLS Number: 2200063645
Monthly Rental Income: 1600
Number Of Units Leased: 0
Annual Net Income: 15000.00
Number Of Units Total: 2
Original List Price: 69000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W16I023979C81
Postal City: Detroit
Postal Code Plus 4: 2552
Property Type: Multifamily
Protection Period: 0
Pets Allowed: Yes
Road Frontage Type: Paved
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
State Equalized Value: 7600.0000
Street Name: EWALD
Street Number: 2935
Street Suffix: Circle
Subdivision Name: AMENDED PLAT R OAKMANS TURNER & FORD HWY (PLATS)
Sqft Combined: 1500
Sqft Total Bsmt: 700
Table: Multi Family
Tax Amount Summer: 922.0000
Tax Amount Winter: 70.0000
Tax Legal Description: E EWALD CIRCLE 271&272 S 10 FT 273 AMENDED PLAT OF R OAKMANS TURNER & FORD HWY SUB L44 P96 PLATS, W C R 16/313 50 X 100
Title: Private - Owned
Total Tax: 992.0000
Unit Count: 1
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 0
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 2
Water Source: Municipal Water
Year Built: 1943
Year Remodeled: 2020
Zoning: Residential
Customer Comment: Yes
Encroachment: No
Existing Lease: No
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 IQ Properties LLC and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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