$85,000
For Sale

11637 MENDOTA STREET

Detroit, MI 48204
1382 sqft | 3 beds | 2 baths | #20240054304
Browse 39 photos
Type:Purchase
Structure:House
Zone:Residential

Description

**AMAZING 14% CAP RATE, TERRIFIC ROI **TURNKEY INVESTOR GEM located on Detroit's westside, 15 minutes from Downtown Detroit. Priced below value, NEW FURNACE, NEW WATER TANK, this low maintenance 3 bedroom/2 bath full colonial is rented to a cash Tenant paying $1250/month. Home has nice interior features, with a great floor plan, large living room with fireplace and formal dining room. This property features a large basement for storage, vinyl windows, detached 2 car garage and private fenced yard. Very short drive to Corktown, Downtown, Parks, shopping and various dining options. Professionally managed, just sit back and make money. Tenant ledger available. Call/Text for showings. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

  • Interior Details
      • HeatingForced Air
    • Beds & Baths
      • Total Baths2.00
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Exterior FeaturesFenced
    • Measurements
      • Square Feet1382
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1925
  • Community and Neighborhood Details
      • School DistrictDetroit
      • RegionDetroit
      • CountyWayne
  • Financial Details
      • Original List Price$85,000
  • Other
      • MLS #20240054304

Location

Timothy StinsonPremier Realtor | 248-933-0539
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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
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Loan Amount
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