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$ 129,000
Est. payment /mo
New
13558 Pinehurst Street Detroit, MI 48238
4 Beds
1 Bath
1,099 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,099 sqft
Price per Sqft $117
MLS Listing ID 20251060915
Bedrooms 4
Full Baths 1
Year Built 1924
Annual Tax Amount $853
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 35X101
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
TURNKEY, CASH-FLOWING BUNGALOW NEAR DAVISON–SCHOOLCRAFT OFFERING 4 BEDROOMS AND 1 FULL BATH. LOCATED AT 13558 PINEHURST ST., THIS BEAUTIFULLY UPDATED HOME SITS ON A 3,525 SQ. FT. LOT IN A QUIET, WELL-KEPT NEIGHBORHOOD DOMINATED BY LONG-TERM HOMEOWNERS. THIS PROPERTY IS A TRUE INVESTOR WIN, WITH EXTENSIVE RECENT CAPITAL IMPROVEMENTS DESIGNED FOR MINIMAL MAINTENANCE AND MAXIMUM RETURNS. ALL WINDOWS HAVE BEEN REPLACED, AND MAJOR SYSTEMS HAVE BEEN UPGRADED INCLUDING A BRAND NEW FURNACE, HOT WATER TANK, NEW PLUMBING, AND UPDATED ELECTRICAL—SETTING THE STAGE FOR YEARS OF WORRY-FREE OWNERSHIP. INSIDE, YOU'LL FIND A FULLY RENOVATED KITCHEN AND BATHROOM, FRESH PAINT THROUGHOUT, AND NEW LVT FLOORING AND BERBER CARPETING. THE PROPERTY IS FRESHLY LEASED FOR $1,500 IN RELIABLE MONTHLY SECTION 8 RENT, WITH THE TENANT RESPONSIBLE FOR ALL UTILITIES EXCEPT WATER, RESULTING IN A STRONG RETURN JUST UNDER 15%. TAXES HAVE BEEN REDUCED TO APPROXIMATELY $85 PER MONTH. A RECENT COMP ON THE SAME STREET SOLD FOR $140,000—IMMEDIATE EQUITY UPON CLOSING. THIS DIAMOND IS READY FOR ITS NEXT OWNER. NO SHOWINGS WITHOUT AN ACCEPTED FULL-PRICE OFFER. LET'S CLOSE.
Location
State MI
County Wayne
Area Wayne County - 100
Direction S of Schoolcraft/E of Meyers
Interior
Heating Forced Air, Hot Water
Exterior
View Y/N No
Garage No
Building
Story 2
Structure Type Aluminum Siding
Schools
School District Detroit
Others
Tax ID W16I043678S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Realtyflo Inc