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13648 NORTHLAWN Street Detroit, MI 48238
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Key Details
Sold Price $165,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 2,140 sqft
Price per Sqft $77
Subdivision John M Welch Jrs Wyoming- Schoolcraft (Plats)
MLS Listing ID 20240004482
Sold Date 03/29/24
Style Other
Bedrooms 2
Full Baths 2
Originating Board Realcomp II Ltd
Year Built 1926
Annual Tax Amount $1,333
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 38.00 x 111.00
Property Description
MULTIPLE OFFERS. HIGHEST AND BEST FRIDAY AT 5PM. REDUCED. LOCATED 3 MINUTES FROM HISTORIC OAKMAN BLVD DISTRICT YOU WILL FIND 13648 NORTHLAWN NESTLED ON A 4,356 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST TWO 2 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH NEWLY INSTALLED FURNACES AND 2 HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS NEWER ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. MOREOVER SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1295 AND $1266 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. THAT'S ALMOST A WHOPPING $2600 IN ONE MONTH. THESE TENANTS PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $150 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Location
State MI
County Wayne
Area Det 6-Tire - Grnfld - Livernois
Zoning Multi-Family
Direction Northlawn & Davison
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 1.0
Road Frontage Paved
Garage yes
Building
Foundation Basement
Sewer Sewer at Street
Water Water at Street
Architectural Style Other
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W16I031686S
Ownership Short Sale - No,Private Owned
Assessment Amount $340
Acceptable Financing Cash, Conventional
Rebuilt Year 2024
Listing Terms Cash, Conventional
Financing Cash,Conventional
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©2024 Realcomp II Ltd. Shareholders
Bought with Match Realty LLC