Address
9411 Burt Road Detroit, MI
Price
$ 299,900
Property Attributes
- ML#2210020470
- TypeMulti-Family
- CountyWAYNE
- CityDetroit
- AreaDet - Joy-Schoolcraft Grnfld-Limi
- NeighborhoodROUGE PARK BLVD SUB
- Zip48228
- StyleColonial,Townhouse,Traditional
- Year Built1953
- Taxes4551
- Price$ 299,900
- Bedrooms10
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage882
- Lot Size6,098 SqFt
Listing Provided Courtesy Of:
EXP Realty
Data Source:
REALCOMP II LTD.
Property Description
Amazing Investment Opportunity, Serious Investors Only, this one won’t last!! 5-unit, FULLY OCCUPIED, Townhome style building in one of the hottest rental markets in Detroit. This property has recently upgraded units, as well as $5k worth of upgrades done to the exterior. Highlights of the property: - Units are 2 bed, 1.5 bath - 880 avg. sq feet - Positive cash flow (financials can be provided) - 8% cap rate with more room for rent increase - All units metered separately -Upgrades include newer roof, hot water tanks and furnaces less than 7 years old. Each unit has its own private basement- Current owner has maintained the building extremely well.
| Price History | |
|---|---|
| 3/27/2021 | Listed $299,900 |
General Features
| Basement Type | Private, Unfinished |
|---|---|
| Construction Materials | Brick |
| Cooling | Window Unit(s) |
| Cumulative Days on Market | 16 |
| Gross Scheduled Income | 34680.00 |
| Heating | Forced Air |
| Listing Agent Public Id | 406529 |
| Net Operating Income | 19980.00 |
| Originating MLS | Realcomp II Ltd |
| Ownership Status | Private Owned, Short Sale - No |
| Parcel Number | W22I004002C4 |
| Property Type | Multifamily |
| School District | Detroit |
| Sewer | Sewer at Street |
| Short Sale | No |
| Status | Active |
| Subdivision Name | ROUGE PARK BLVD SUB |
| Terms Offered | Cash, Conventional |
| Total Sq Ft | 882 |
| Transaction Type | Sale |
| Year Built | 1953 |
| Zoning | Multi-Family |
Interior Features
| Basement Y/N | Yes |
|---|---|
| Full Baths | 5 |
| Heating Fuel | Natural Gas |
| Interior Features | Cable Available, High Spd Internet Avail |
| Total Baths | 5.00 |
| Total Units | 5 |
| Unit Count | 4 |
Exterior Features
| Architecture Level | 2 Story |
|---|---|
| Architecture Style | Colonial, Townhouse, Traditional |
| Exterior Features | Outside Lighting, Private Entry |
| Foundation | Basement |
| Foundation Materials | Block |
| Frontage Feet | 60 |
| Lot Size Area | 0.14 |
| Lot Size Dimensions | 60.00X100.00 |
| Roof Material | Asphalt |
| Water Source | Municipal Water |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
IDX provided courtesy of Realcomp II Ltd., via Soaring Eagle Realty and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is updated as of April 16, 2021 3:02 PM UTC Information deemed reliable but not guaranteed.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd
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