$100,000
For Sale

11610 YELLOWSTONE STREET

Detroit, MI 48204
1404 sqft | 2 baths | #20240052765
Browse 30 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

MULTIPLE OFFER SITUATION HIGHEST AND BEST DUE BY WEDNESDAY AT NOON. LOCATED 6 MINUTES FROM HISTORIC BOSTON EDISON DISTRICT YOU WILL FIND 11610 YELLOWSTONE NESTLED ON A 3,920 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST 5 SPACIOUS BEDROOMS AND 2 FULL BATHROOMS. SHE HAS BEEN CAREFULLY UPGRADED WITH A NEWLY INSTALLED FURNACE AND HOT WATER TANK. IN ADDITION, THIS HOME DISPLAYS BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED TO A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1697 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANT PAYS UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $50 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

  • Interior Details
      • HeatingHot Water
    • Beds & Baths
      • Total Baths2.00
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Square Feet1404
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1922
  • Community and Neighborhood Details
      • ZoningMulti-Family
      • School DistrictDetroit
      • RegionDetroit
      • CountyWayne
  • Financial Details
      • Original List Price$100,000
  • Other
      • MLS #20240052765

Location

Timothy StinsonPremier Realtor | 248-933-0539
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00