$110,000
$114,900
4.3%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
893 SqFt
SOLD DATE : 08/03/2022
Key Details
Sold Price $110,000
Property Type Single Family Home
Sub Type Ranch
Listing Status Sold
Purchase Type For Sale
Square Footage 893 sqft
Price per Sqft $123
Subdivision Herman W Meinke Sub
MLS Listing ID 20221006521
Sold Date 08/03/22
Style Ranch
Bedrooms 3
Full Baths 1
HOA Y/N no
Originating Board Realcomp II Ltd
Year Built 1950
Annual Tax Amount $3,659
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 39.00 x 107.00
Property Description
**INVESTORS** Here is a perfect opportunity for you to add to or start your rental portfolio! This 3 bedroom, 1 bathroom Hazel Park ranch has a high-quality, long-term tenant who is paying $1,100/month through 9/30/2022, and then $1,175/month through 9/30/2024, so you have built-in inflation protection! The property features numerous updates, including vinyl windows, an updated electrical panel, forced air heat, an updated kitchen, a well-maintained bathroom, PEX supply plumbing, some PVC drain plumbing, a recently updated front porch, and a 1.5 car garage! The property is conveniently located close to the 8-Mile thoroughfare and the I-75 freeway, and is only minutes away from downtown Ferndale and Royal Oak! Best of all, this property has 20-50K in equity, as similar nearby homes are selling to homebuyers for between 140-170K!
Location
State MI
County Oakland
Area Hazel Park
Direction North side of E Muir Ave between I75 service drive and Caledonia Ave
Rooms
Basement Interior Entry (Interior Access), Unfinished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Detached
Garage Description 1 Car
Waterfront no
Roof Type Asphalt
Porch Porch
Road Frontage Paved
Garage yes
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Architectural Style Ranch
Warranty No
Level or Stories 1 Story
Structure Type Vinyl
Schools
School District Hazel Park
Others
Tax ID 2536379019
Ownership Short Sale - No,Private Owned
Assessment Amount $306
Acceptable Financing Cash, Conventional
Rebuilt Year 2000
Listing Terms Cash, Conventional
Financing Cash,Conventional
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