$65,000 for Sale

8438 stout street, detroit, MI 48228

Beds 3 Baths 1 906 Sqft 0.14 Acres 1 of 2
Property Description
AMAZING 12% CAP RATE***HIGH ROI**WARRENDALE INVESTMENT PROPERTY NEAR DEARBORN** CASH FLOWING INVESTOR SPECIAL** Performing Westside Bungalow located on a solid block. Rented for $900 cash to a great tenant. This charming bungalow features 3 nice size bedrooms and a full bath. Upper master bedroom is large, private and spacious. Large living room, kitchen and full basement. Home has newer 3D Roof, vinyl windows and detached garage. Property is fenced and private. Terrific opportunity to add a performing rental to your portfolio. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance! Can also be purchased as a package with 8611 Stout for 129k.
General Information
Sale Price: $65,000
Price/SqFt: $72
Status: Active
MLS#: 20240080976
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: biltmore sub
Acres: 0.14
Lot Dimensions: 43.00 x 135.00
Bedrooms:3
Bathrooms:1   (1 full, 0 half)
House Size: 906 sq.ft.
Acreage: 0.14 est.
Year Built: 1951
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom: 
Bedroom: 
Bedroom - Primary: 
Bath - Full: 
Kitchen: 
Living Room: 
Paved Road:  Paved
Garage:  1 Car
Garage Description:  Detached
Construction:  Aluminum
Exterior:  Aluminum
Exterior Misc:  Fenced
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:  $1,695
Est. Winter Taxes:  $178
Legal Description:  E STOUT 21 BILTMORE SUB L72 P83 PLATS, W C R 22/760 43X135.86


IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Al Baydoun of U.S. Investor Group, Phone: (313) 644-0034
(810) 691-2996 Call Katrin Mitri for more information about this property.

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Katrin Mitri
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(810) 691-2996

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This Home located at
8438 stout street, detroit MI 48228
is currently for sale priced at $65,000 and was listed on October, 25, 2024 and has been on the market for 29 days.

8438 stout street has 3 bedrooms, 1 bathrooms, and approximately 906 square feet. This home is in the detroit school district and has a lot size of 43.00 x 135.00 with 0.14 acres and was built in 1951. 8438 stout 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.