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

Property vs Zip Code Average in 48228

Price
AVG $170K
$300K
Taxes
AVG $2,079
$4,551
Visits
AVG 36
31
Year Built
AVG 1950
1953
Walkscore
AVG 53
27
Data Provided by Walkscore ® not using MLS data

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