Harding Real Estate Team
BEDS3
BATHS1 full
SQUARE FEET858
MLS#20261062084
STATUS(Short Sale) - Active
PROPERTY TYPEResidential - Single Family
SUBDIVISIONG R A N D R I V E R S U B U R B A N
SCHOOLDetroit
Property Description
FULLY TENANT-OCCUPIED SECTION-8 INVESTMENT PROPERTY RENTED AT $905/MONTH - BELOW MARKET VALUE - WITH A LONG-TERM TENANT OF OVER?8?YEARS. CURRENT RENT IS SIGNIFICANTLY BELOW AVERAGE FOR THE AREA AND CAN BE INCREASED TO THE CURRENT FAIR MARKET RENT OF $1,630/MONTH FOR A 3-BED WITH A 60-DAY NOTICE. LISTED AT $84,900, THIS PROPERTY OFFERS STABLE, GUARANTEED INCOME AND STRONG UPSIDE POTENTIAL. LOCATED IN A SOLID RENTAL POCKET OF WEST DETROIT, THIS 3-BEDROOM BUNGALOW IS PROFESSIONALLY MANAGED AND REQUIRES NO REHAB. RECENT UPGRADES INCLUDE A NEW ROOF, NEW MECHANICALS, AND OTHER MAJOR COMPONENTS, MAKING THIS A LOW-MAINTENANCE, TURNKEY ASSET.WITH 20% DOWN AND STANDARD INVESTOR FINANCING, THIS IS A HIGH-YIELD OPPORTUNITY THAT DELIVERS CONSISTENT RETURNS. TAXES AND INSURANCE ARE AFFORDABLE, AND THE TENANT'S LONG HISTORY REDUCES TURNOVER RISK. IDEAL FOR LOCAL OR OUT-OF-STATE INVESTORS SEEKING RELIABLE CASH FLOW WITH MINIMAL HEADACHES. SHOWINGS ONLY AFTER ACCEPTED OFFER. DO NOT DISTURB TENANT. PROOF OF FUNDS OR PRE-APPROVAL REQUIRED.
Property Features
Property Type: Residential - Single Family
Basement: Unfinished
Basement: Yes
Garage: 2
Heating: Forced Air, Natural Gas
Home Style: Bungalow
Lot Size: 0.14 Acres
Stories: 1.5
Taxes: $1,309
Year Built: 1942
Feature Descriptions
Days on Site: 1
Exterior: Brick
Lot Dimensions: 50X117.59
Parcel#: 22107728
Parking: Two Car Garage, Detached
Parking Notes: Two Car Garage, Detached
Sewer: Public Sewer
Summer Tax: 1176
Water: Public
Winter Tax: 133
Room Sizes
Primary Bedroom: 11 X 12
Bedroom: 12 X 12
Kitchen: 12 X 12
Bath Full: 5 X 7
Dining Room: 7 X 10
Living Room: 11 X 15
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: Own It Realty
Agency Phone: 3133950000
Shown By
Agent Name: Harding Real Estate Team
Agent Phone: (734) 812-6900
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 609.34 per month $475.47 Principal & Interest $109.08 Property Tax $24.79 Homeowner's InsuranceChange Payment Information
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Agency License Information: 1-877-539-7589 | Ohio Lic# REC.2010002888 6800 W Central Ave #B, Toledo, OH 43617 | Michigan Lic# 6505366134 8040 Summerfield Rd, Lambertville, MI 48144 | Indiana Lic# RC52400106 3029 W Smith Valley Rd #211, Greenwood, IN 46142 | West Virginia LIC# 010306 Erin Rickman, Broker. 410 Market St #3, Parkersburg, WV, 26101 | Colorado LIC# EC.100108419 603 Rood Ave, Grand Junction, CO 81501 | Nevada LIC# B.0146350.LLC 9190 Double Diamond Pwky, Reno, NV 89521 | Florida LIC# CQ1073507 16638 Mooner Plank Cir, Wimauma, FL 33598 | Illinois LIC# 481014661 640 S Washington St. Suite 212, Naperville, IL 60540
Agent License Information: Brokerage/Company License Number: MI-65-05366134
16514 Burt Road | MLS# 20261062084
This single family home located at 16514 Burt Road , Detroit, Mi 48219 is currently listed for sale with an asking price of $85,000. This property was built in 1942 and has 3 bedrooms and 1 full baths with 858 sq. ft. Burt Road is located in the G R A N D R I V E R S U B U R B A N subdivision within the Detroit school district. Search G R A N D R I V E R S U B U R B A N real estate on www.hardingrealestateteam.com today.