19958 Washburn Street new

Detroit,MI 48221

$ 115000

3 Beds

1 Bath

1046 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,046 sqft

Price per Sqft $109

MLS Listing ID 20251056397

Bedrooms 3

Full Baths 1

Year Built 1955

Annual Tax Amount $3,134

Lot Size 4,356 Sqft

Property Sub-Type Single Family Residence

Property Description

LOCATED JUST 7 MINUTES FROM THE HISTORIC UNIVERSITY DISTRICT , YOU WILL FIND 19958 WASHBURN NESTLED ON A 4,356 SQUARE FOOT LOT IN THIS QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOASTS A NEWER ROOF AND HAS RECENTLY BEEN REMODELED AND BOASTS 3 SPACIOUS BEDROOMS.IN ADDITION, THIS HOME HAS BRAND NEW ELECTRICAL, PLUMBING, AND NEW FURNACE/HOT WATER TANK TO ENSURE MAINTENANCE FREE CASH FLOW. MOREOVER, SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY WAS JUST RENTED ON A 2 YEAR LEASE TO A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1,681 ARE ALL PAID IN FULL BY THE FEDERAL GOVERNMENT. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN 22% CASH ON CASH RETURN. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Location

State MI

County Wayne

Area Wayne County - 100

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Story 1

Sewer Public

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Acceptable Financing Cash,Conventional,FHA

Listing Terms Cash,Conventional,FHA

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