$90,000
$99,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
5 Baths
1,074 SqFt
SOLD DATE : 06/24/2020
Key Details
Sold Price $90,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,074 sqft
Price per Sqft $83
Subdivision Sunset Gardens (Plats)
MLS Listing ID 2200012960
Sold Date 06/24/20
Style Duplex
Bedrooms 5
Full Baths 5
Originating Board Realcomp II Ltd
Year Built 1948
Annual Tax Amount $434
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 30 X 100 X 30 X 100
Property Description
Fantastic Investment Bundle!! Get 5 Units 2 full Duplex's and 1 half Duplex! All units have basement! Gross Potential Rent $2,900.00 Monthly, $34,800.00 Yearly! Monthly operating $1032 for Water, Property Taxes & Insurance. Owner currently pays Water on 2 Units only 19452 Ryan & 19605 Ryan. Monthly Operating expenses $1032. Total Yearly operating expenses $12,384. Net Operating Income is $1,868.00 and Yearly Net Operating $22,416.00. Debt Service $789.81 Monthly and $9,477 Yearly. CFBT is $1,079.00 Monthly and $12,939.00 Yearly.Don't miss out on a Wonderful money maker!
Location
State MI
County Wayne
Area Det 6-8 Dequindre To Conner
Zoning Multi-Family
Direction Sout of Outer Dr on East side of Ryan
Rooms
Basement Common
Interior
Interior Features Cable Available
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Fenced, Outside Lighting
Waterfront no
Roof Type Asphalt
Porch Porch - Covered
Road Frontage Paved, Pub. Sidewalk
Garage no
Building
Foundation Basement
Sewer Sewer-Sanitary
Water Municipal Water
Architectural Style Duplex
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W13I020619S001
Ownership Private Owned,Short Sale - No
Assessment Amount $3
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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