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$120,000
Est. payment /mo
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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