$500,000 for Sale
5900 seminole street, detroit, MI 48213
| Beds 8 | Baths 4 | 3,600 Sqft | 0.08 Acres |
|
1 of 53 |
Property Description
LOCATED 6 MINUTES FROM THE HISTORIC INDIAN VILLAGE AND WEST VILLAGE, YOU WILL FIND 5900 SEMINOLE NESTLED ON A 3,484 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF AND CONSISTS OF 4 RECENTLY REMODELED, TWO BED ROOM HOMES. SHE HAS BEEN CAREFULLY UPGRADED AND HAS NEWLY INSTALLED FURNACE’S AND HOT WATER TANKS. IN ADDITION, EACH UNIT HAS BRAND NEW PLUMBING BRAND NEW ELECTRICAL AS WELL TO INSURE MAINTENANCE FREE CASH FLOW. EACH SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 OF 4 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 2,370 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. THE OTHER 2 UNITS ARE WAITING 4 SECTION 8 INSPECTION.TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 % THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
General Information
Sale Price: $500,000
Price/SqFt: $139
Status: Active
MLS#: rcomi20240070474
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: stephens elm pk (plats)
Acres: 0.08
Lot Dimensions: 30.00 x 110.00
Bedrooms:8
Bathrooms:4 (4 full, 0 half)
House Size: 3,600 sq.ft.
Acreage: 0.08 est.
Year Built: 1923
Property Type: Single Family
Style: Other
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: No Garage
Construction: Brick
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Hot Water
Fuel: Natural Gas
Waste: Sewer at Street
Watersource: Water at Street
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $3,104
Est. Winter Taxes: $338
Legal Description: E SEMINOLE 22 BLK 12 STEPHENS ELM PARK SUB L19 P12 PLATS, W C R 17/125 30 X 110
IDX provided courtesy of Realcomp II Ltd. via Atlas Real Estate and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders
Listing By: Marta Kopania of 1st Michigan Real Estate, Phone:
