$90,000 pending
13430 promenade street, detroit, MI 48213
Beds 4 | Baths 2 | 1,324 Sqft | 0.13 Acres |
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Property Description
Are you looking to “Make money while you sleep”? It looks like you can with this SECTION EIGHT **TURNKEY** Cash flow property! New 12 month government paid lease signed July 2024 Section 8 Tenant Government Paying Fourteen Hundred and Fifty USD Brick Cape Cod style Home 4 bedrooms, 1.5 baths Full basement Property has already been fully updated! Only Ninety Thousand Instant income- 2 Generous bedrooms on first floor, 2 even larger bedrooms upstairs- primary bedroom upstairs has a walk-in closet. All bedrooms have ceiling fans. Some locals may not realize what we truly have here until it's too late… Location - location - location! 5 minutes from Colman A. Young International Airport, 5 Minutes to I94 highway, only 15 min to downtown Detroit,12 minutes from the Detroit Medical Center (DMC - 8 General & Specialty Hospitals) close to restaurants, gas stations, shopping and public transit. Blocks from schools, parks, entertainment & more. There are very few 4 bedroom, up and running, cash flowing all brick properties that have been updated for under One Hundred Thousand USD so take it from Warren Buffett, “If you don't find a way to make money while you sleep, you will work until you die." It looks like you found a way. If so, make an offer today! Please do not disturb tenants.
General Information
Sale Price: $90,000
Price/SqFt: $68
Status: Pending
MLS#: 20240084438
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: stevens estate sub no 2 (p lats)
Acres: 0.13
Lot Dimensions: 37.00 x 147.00
Bedrooms:4
Bathrooms:2 (1 full, 1 half)
House Size: 1,324 sq.ft.
Acreage: 0.13 est.
Year Built: 1940
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Paved Road: Paved
Garage: No Garage
Construction: Brick
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $0
Est. Winter Taxes: $0
Legal Description: S PROMENADE 569 STEVENS EST SUB NO 2 L48 P43 PLATS, W C R 21/719 37 X 147.45A
IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders
Listing By: Shawn A Calhoun of Pretty Home Realty, Phone: (248) 905-1402