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986 E PHILADELPHIA Street

$ 71,900
986 E PHILADELPHIA ST ,
11
Active

Description

TWO UNIT MULTI-FAMILY WELL MAINTAINED INCOME PROPERTY LOCATED OFF I-75 MINUTES AWAY FROM DOWNTOWN. TENANT OCCUPIED TURNKEY RENTAL, BUY AND START EARNING. ALL NEW FLOORS, NEW KITCHEN AND BATHROOM WITH FULL BASEMENT. THREE BEDROOM DOWN AND TWO BEDROOM IN UPPER UNIT. MOVE IN ONE UNIT AND RENT THE OTHER ONE OR CURRENT TENANTS WILL STAY. LOTS OF NEW DEVELOPMENT IN THE AREA. GET YOUR PIECE OF DETROIT COMEBACK! A NO BRAINER INVESTMENT. BUYER TO PAY $399 TRANSACTION FEE TO LISTING BROKER. SHOWINGS ONLY TO SERIOUS BUYERS WITH ACCEPTED OFFER CONTINGENT UPON VIEWING AND INSPECTION.

Address: 986 E PHILADELPHIA ST
City:
State/County:
Zip: 48211
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Property Id : 26089
Price: $ 71,900
Bedrooms: 2
Bathrooms: 2
Building size: 0.09 acres
Available Space: 2066 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Colonial
Assessment: 0
Basement Type: Unfinished
Baths Full: 2
Baths Half: 0
CDOM: 72
Construction Materials: Wood
County Or Parish: Wayne
Directions: South of Holbrook, West of I-75
Directions From EastWest: W
Directions From EastWest Detail: I-75
Directions From NorthSouth: S
Directions From NorthSouth Detail: Holbrook
DOM: 72
Foundation Details: Basement
Foundation Materials: Block
Gross Scheduled Income: 16800.00
Heating: Forced Air
Heating Fuel: Natural Gas
Income Projection: Projected
Last Change Type: Price Decrease
List Office Name: Amin Realty
List Price By Acre: 798888.8889
Lock Box Type: Appointment/LockBox
Living Area Source: Public Records
Lot Size Dimensions: 30.00X125.00
MLS: Realcomp II Ltd
MLS Area Major: Det: Livernois-I75 6-Gd River
MLS Area Major Number: 05043
MLS Number: 219095777
Monthly Rental Income: 1400
Number Of Units Leased: 2
Annual Net Income: 16000.00
Number Of Units Total: 2
Original List Price: 80900.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W05I002790S
Postal City: Detroit
Postal Code Plus 4: 1372
Property Type: Multifamily
Protection Period: 90
Pets Allowed: Yes
Road Frontage Type: Paved,Pub. Sidewalk
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
State Equalized Value: 7600.0000
Street Dir Prefix: E
Street Name: PHILADELPHIA
Street Number: 986
Street Suffix: Street
Subdivision Name: MERSINOS SUB (PLATS)
Sqft Combined: 2066
Sqft Total Bsmt: 1000
Table: Multi Family
Tax Amount Summer: 702.0000
Tax Amount Winter: 45.0000
Tax Legal Description: S E PHILADELPHIA 6 MERSINOS SUB L9 P3 PLATS, W C R 5/106 30 X 125
Title: Private - Owned
Total Tax: 747.0000
Unit Count: 0
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: Municipal Water
Year Built: 1910
Zoning: Residential
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 Amin Realty and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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