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18734 Stahelin Avenue, Detroit, MI 48219

$65,000
2
BD
1
BA
795
SqFt
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List Price
$65,000
Status
ACTIVE
Days on Market
10
MLS#
20261077959
Subtype
Residential
Style
Bungalow
Year Built
1942
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
795
Lot Size
4,791
Acres
0.11
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Property Description

REDUCED! LOCATED JUST 7 MINUTES FROM THE HISTORIC NORTH ROSEDALE PARK YOU WILL FIND 18734 STAHELIN NESTLED ON A HUGE 4,573 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS BRICK CROWN JEWEL BOASTS A BRAND NEW TEAR OFF 40 YEAR ROOF AND CONSISTS OF 2 SPACIOUS BEDROOMS AND A HUGE BACKYARD. SHE HAS BEEN CAREFULLY UPGRADED WITH TOP OF THF LINE PLUMBING AND BRAND NEW ELECTRICAL THAT WILL INSURE MAINTENANCE FREE CASH FLOW. ALSO THE HOT WATER TANK AND FURNACE. THIS BEAUTY HAS JUST BEEN LEASED TO A 2 YEAR SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1497 ARE PAID BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $150 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

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Additional Information

Taxes
$1,951
Property Description
Bungalow
Heating
Gravity
Stories
1
Parking Features
Detached
Garage Spaces
1
School District
Detroit
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Listing courtesy of Listing Agent: Lauryn Johnson from Listing Office: KW Domain.

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