$69,900 pending

7541 archdale street, detroit, MI 48228

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Beds 3 Baths 1 914 Sqft 0.11 Acres 1 of 7
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Property Description
Tremendous turn-key investment opportunity in desirable Warrendale subdivision. 3BR Ranch with hardwood floors in excellent condition. Tenant is long-term at $800/mo with six strong years of occupancy. This is a perfect home for new or out of state investors who want easy, passive income! Current CAP Rate is 13% and with a rent increase to the standard $1K per month, CAP soars to 17%. This is a winner! Priced to sell - won't last! Please do not disturb tenant. Qualified buyers only.
General Information
Sale Price: $69,900
Price/SqFt: $76
Est. Payments: $459
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Status: Pending
MLS#: 20240085912
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Acres: 0.11
Lot Dimensions: 40.00 x 115.00
Bedrooms:3
Bathrooms:1   (1 full, 0 half)
House Size: 914 sq.ft.
Acreage: 0.11 est.
Year Built: 1959
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Bedroom: 
Bedroom: 
Bedroom: 
Bath - Full: 
Kitchen: 
Paved Road:  Paved
Garage:  No Garage
Construction:  Brick,Vinyl
Exterior:  Brick,Vinyl
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Cooling:  Central Air
Heating:  Forced Air
Fuel:  Natural Gas
Waste:  Public Sewer (Sewer-Sanitary)
Watersource:  Public (Municipal)
Tax, Fees & Legal
Home warranty:  No
Est. Summer Taxes:  $1,017
Est. Winter Taxes:  $95
Legal Description:  W ARCHDALE 496 WEST HAVEN NO 1 SUB L43 P37 PLATS, W C R 22/251 40 X 115


IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Craig Covert of Century 21 Curran & Oberski, Phone: (313) 274-7200
(810) 577-3146 Call Ryan Scully for more information about this property.

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This Home located at
7541 archdale street, detroit MI 48228
is currently for sale priced at $69,900 and was listed on November, 13, 2024 and has been on the market for 10 days and was last updated on November, 18, 2024.

7541 archdale street has 3 bedrooms, 1 bathrooms, and approximately 914 square feet. This home is in the detroit school district and has a lot size of 40.00 x 115.00 with 0.11 acres and was built in 1959. 7541 archdale street is in the 48228 ZIP Code area of detroit.

If you have any question about this property or any others, please don't hesitate to contact me.