4144 Bedford Street

    Detroit, MI 48224
    • $60,000
    • STATUS: Active
    • ON SITE: 22 days
    • ID#: 218112555
    $60,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,006
      SQFT
    • $60
      $/SQFT
    Type:
    Commercial
    Built:
    1939
    County:
    Zoning: Residential
    Lot Size Dimensions: 40.00X120.30

    School Ratings & Info

    School District:

    Description

    Excellent investment opportunity in the rapidly appreciating East Side of Detroit. Beautiful Brick Tudor with current lease in place at $800/ month. Tenant covers utilities, water, lawn and snow. Very easy to manage and strong cash flow being offered at a 13.75% CAP rate (return on investment) that is in place. Excellent starting point or addition to your investment portfolio.Please note this is a single family home that could be packaged with several other homes in the area.

    Monthly Payment Calculator

    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than KNE Realty 360 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-12-13T23:57:13.29.
    www.knerealty360.com/homes/89578988

    4144 Bedford Street Detroit, MI 48224

    • Price: $60,000
    • Status: Active
    • ID#: 218112555
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1,006
    SQFT
    $60
    $/SQFT
    1939
    Built
    Neighborhood:
    East Detroit Development Cos No 1 (Plats)
    County:
    Wayne
    Area:
    Det Con-mors/Grat. Hstn/7 Mack
    School District:
    DETROIT
    Property Description
    Excellent investment opportunity in the rapidly appreciating East Side of Detroit. Beautiful Brick Tudor with current lease in place at $800/ month. Tenant covers utilities, water, lawn and snow. Very easy to manage and strong cash flow being offered at a 13.75% CAP rate (return on investment) that is in place. Excellent starting point or addition to your investment portfolio.Please note this is a single family home that could be packaged with several other homes in the area.
    Exterior Features

    Architecture Level 2 Story Construction Materials Brick Foundation Details Basement Foundation Materials Brick Lot Size Dimensions 40.00X120.30 Road Frontage Feet 40 Road Frontage Type Paved Waterfront YN No

    Interior Features

    Heating Cooling Forced Air Heating Fuel Natural Gas Room Count 0 Sq Ft Main 0 Sq Ft Office 0 Sq Ft Source Prd Unit Efficiency Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 2 Unit Two Bed Number Of 0

    Property Features

    Assessment 240 Commercial Type Apartments Current Use Tenant Occupied Deposit Amount 50000.00 Encroachment YN No Gross Scheduled Income 9600.00 Land Contract YN Yes Land Interest Rate 10 Land Payment 400 Land Terms 120 Listing Financing CashConventionalLand Contract Monthly Sales 0 Net Operating Income 8275.00 Operating Expense 1325.00 Ownership Status Private OwnedShort Sale - No Percent Leased 100 Possession Immediate Postal City Detroit Protection Period 180 Settlement City Sewer Sewer At Street Short Sale No Tax Amount Summer 1208.0000 Tax Amount Winter 117.0000 Title Private - Owned Total Tax 1325.0000 Unparsed Address 4144 BEDFORD ST Water Source Water At Street Zoning Residential

    IDX provided courtesy of Realcomp II Ltd., via Jim Saros Agency, Inc and Realcomp, ©2018 Realcomp II Ltd. Shareholders.
    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than KNE Realty 360 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-12-13T23:57:13.29.
     
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