13528 ARDMORE Street Active

Detroit,MI 48227

$ 150000

- Bed

0 Bath

1512 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,512 sqft

Price per Sqft $99

MLS Listing ID 20240089330

Year Built 1926

Annual Tax Amount $886

Lot Size 4,356 Sqft

Property Description

LOCATED 6 MINUTES FROM THE HISTORIC  ROSEDALE YOU WILL FIND 13528 ARDMORE NESTLED ON A HUGE 4,410 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF AND CONSISTS OF 2 RECENTLY REMODELED UNITS . SHE HAS BEEN CAREFULLY UPGRADED AND HAS A NEWLY INSTALLED FURNACES AND HOT WATER TANKS. IN ADDITION SHE HAS NEWER PLUMBING AND BRAND NEW ELECTRICAL TO INSURE MAINTENANCE FREE CASH FLOW. THIS SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. SHE HAS JUST BEEN LEASED FOR 2 YEARS WITH SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $2297 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 % THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Multi-Family

Exterior

View Y/N No

Building

Structure Type Vinyl Siding

Schools

School District Detroit

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