19229 PELKEY Street Pending Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48205
Key Details
Property Type Single Family Home
Sub Type Bungalow
Listing Status Pending
Purchase Type For Sale
Square Footage 1,165 sqft
Price per Sqft $71
Subdivision Vandammes Sub (Plats)
MLS Listing ID 20240069253
Style Bungalow
Bedrooms 4
Full Baths 1
HOA Y/N no
Originating Board Realcomp II Ltd
Year Built 1946
Annual Tax Amount $1,900
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 47 x 120
Property Description
This 3 bedroom, 1-bath brick home with a 2-car garage is the perfect addition to your investment portfolio. Currently tenant-occupied with a Section 8 tenant paying $1,500 per month, this property offers a strong cash flow and an impressive 14.8% cap rate. Enjoy easy access to local amenities and major roadways, making this property not only a solid investment but also a convenient location for tenants. Don’t miss out on this cash-flowing opportunity to expand your real estate holdings!
Location
State MI
County Wayne
Area Det 8 To Gratiot/Houston To 7
Direction N of E 7 Mile/W of Schoenherr
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Detached
Garage Description 2 Car
Road Frontage Paved
Garage yes
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Bungalow
Warranty No
Level or Stories 1 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 21030121.
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash,Conventional
Rebuilt Year 1946
Listing Terms Cash,Conventional
Financing Cash,Conventional