15514 Griggs Street, Detroit, MI 48238
15514 Griggs Street, Detroit, MI 48238
15514 Griggs Street, Detroit, MI 48238
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$120,000
Est. payment /mo
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3 Beds
1 Bath
1,565 SqFt
Active

15514 Griggs Street Detroit, MI 48238

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,565 sqft

Price per Sqft $76

MLS Listing ID 20261027087

Bedrooms 3

Full Baths 1

Year Built 1938

Annual Tax Amount $1,363

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 35X108

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

Attention Investors: Don't miss this opportunity to add this property to your portfolio! With a CAP rate slightly above 9% (excluding mortgage payments), this property is highly attractive. Located just steps from the M10, this home features 1,565 sqft of living space on a 3,789 sqft lot. The property boasts three spacious bedrooms on the upper level, plus the potential of fourth bedroom on the main floor. It also includes a spacious living room, dining room, kitchen, a partially finished basement, a two-car garage, and a backyard. Don't let this magnificent opportunity to make it yours!. The current tenant has lived in the home for five years, always paying on time; starting in June, they will be paying a monthly rent of $1,100.00, and they are interested in continuing to rent the property. Do not miss out on this excellent business opportunity. Schedule your showing today. B.A.T.V.A.I.

Location

State MI

County Wayne

Direction S OF GRIGGS E OF MIDLAND

Interior

Interior Features Basement Finished

Heating Forced Air

Exterior

Parking Features Detached

Garage Spaces 2.0

View Y/N No

Garage Yes

Building

Story 2

Sewer Public

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W16I041131C2

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan


Listed by EXP Realty Main

NEARBY SCHOOL & BUSINESS

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Ron Otto

Ron Otto

Agent | License ID: 6501430575

+1(989) 370-1245

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15514 Griggs Street