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494 W SAVANNAH Street

$ 42,000


**INVESTORS SPECIAL** 2 Family Multi-Unit Close to Woodward and across from Palmer Woods. Also, right in between Midtown, Ferndale & Royal Oak!! No major updates needed only some TLC to the upper unit. New roof and gutters, Newer windows, 2 furnaces & 2 electric hot water tanks, Tenants pay gas and lights, Large back yard, Full basement. Lower unit pays 750/month with year lease. As is sale sold via Quit Claim Deed. Projected income increase by lease of upper unit.

Address: 494 W SAVANNAH ST
Zip: 48203
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Property Id : 26952
Price: $ 42,000
Bedrooms: 2
Bathrooms: 2
Building size: 0.07 acres
Available Space: 1920 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Colonial
Assessment: 0
Basement Type: Common
Baths Full: 2
Baths Half: 0
CDOM: 12
Construction Materials: Vinyl
County Or Parish: Wayne
Directions: n/a
Directions From EastWest: E
Directions From EastWest Detail: Woodward
Directions From NorthSouth: s
Directions From NorthSouth Detail: 7 Mile
DOM: 12
Exterior Features: Private Entry
Foundation Details: Basement
Foundation Materials: Poured
Gross Scheduled Income: 9000.00
Heating: Baseboard,Forced Air
Heating Fuel: Electric
Income Projection: Projected
Last Change Type: New
List Office Name: Dwellings Unlimited LLC
List Price By Acre: 600000.0000
Lockbox Location: Front Door
Lock Box Type: Appointment/LockBox
Living Area Source: Public Records
Lot Size Dimensions: 30.00X100.00
MLS: Realcomp II Ltd
MLS Area Major: Det 6-8 Grfld-Dequindre
MLS Area Major Number: 05041
MLS Number: 219111949
MF Parking: Paved,Unassigned/General
Monthly Rental Income: 750
Number Of Units Leased: 1
Annual Net Income: 8650.00
Number Of Units Total: 2
Original List Price: 42000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W01I005613S
Postal City: Highland Park
Postal Code Plus 4: 1915
Property Type: Multifamily
Protection Period: 180
Pets Allowed: Yes
Porch Type: Balcony,Porch
Rent Includes: Water/Sewer
Road Frontage Type: Paved
Roof Material: Asphalt
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer at Street
Short Sale: No
State Equalized Value: 9600.0000
Street Dir Prefix: W
Street Name: SAVANNAH
Street Number: 494
Street Suffix: Street
Subdivision Name: PARKSIDE
Sqft Combined: 1920
Table: Multi Family
Tax Amount Summer: 721.0000
Tax Amount Winter: 47.0000
Tax Legal Description: N W SAVANNAH 79 PARKSIDE L27 P63 PLATS, W C R 1/171 30 X 100
Title: Private - Owned
Total Tax: 768.0000
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: 2
Unit Two Bed Number Of: 0
Water Heater Fuel: Electric
Water Source: Municipal Water
Year Built: 1924
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Exclusions: No
Existing Lease: Yes
Inventory List: No
Land Contract: No
Legal Rental Certified: No
Publish Sale Price: Yes
Restrictions: No
Waterfront: No
Basement: Yes
Down Payment Resource: No
Percent Homestead Exempt: No
Pool: No
IDX provided courtesy of Realcomp II Ltd., via Dwellings Unlimited LLC and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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