$38,000
Sold

23545 KRESS STREET

Detroit, MI 48219
1020 sqft | 3 beds | 1 bath | #218087936
Type:Purchase
Structure:House
Zone:Residential

Description

INVESTOR SPECIAL!!! TURN-KEY PROPERTY. CLEAN 3 BEDROOM ALMOST 1,100 SQUARE FOOT BRICK RANCH. NEWER 100 AMP ELECTRICAL PANEL, NEWER FURNACE. GLASS BLOCK BASEMENT WINDOWS. TENANT OCCUPIED, SECTION 8 TENANT. VERY LOW TURNOVER RATE, TREMENDOUS ROI; INVESTORS CHECK OUT THIS CAPE RATE OVER 15%. TAXES HAVE BEEN APPEALED AND HAVE BEEN SIGNIFICANTLY LOWERED. NO SHOWINGS TILL OFFER ACCEPTED. WE DO NOT WANT TO DISTURB THE TENANT. TENANT PAYS ALL UTILITIES. BUYER TO PAY $495 TRANSACTION FEE TO LISTING OFFICE. BATVAI LEASE AGREEMENT, AND RENT ROLL ALL TO BE PROVIDED WITH ACCEPTED OFFER. SELLER ALSO HAS 8141 INDIANA, 8233 WARD, 8626 WARD, AND 18920 GLENHURST FOR SALE.

Location

Timothy StinsonPremier Realtor | 248-933-0539