$199,000
13601 NORTHLAWN Street Detroit, MI 48238 2487
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$199,000
Est. payment /mo
2 BA
2,400 SqFt
Pending
13601 NORTHLAWN Street Detroit, MI 48238 2487
UPDATED:
10/28/2024 05:13 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $82
Subdivision Mi
MLS Listing ID 60347699
Style 2 Story
Full Baths 2
Year Built 1926
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 35.00 x 105.00
Property Description
MULTIPLE OFFERS RECEIVED, HIGHEST AND BEST MONDAY AT NOON. LOCATED 6 MINUTES FROM HISTORIC BOSTON EDISON DISTRICT YOU WILL FIND 13601 NORTHLAWN NESTLED ON A 3,675 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A BRAND NEW TEAR OFF ROOF TOWERING OVER TWO SPACIOUS 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH A NEW HEATING SYSTEM AND NEW WINDOWS. IN ADDITION, THIS HOME DISPLAYS BRAND NEW ELECTRICAL AND PLUMBING SYSTEMS TO INSURE MAINTENANCE FREE CASH FLOW. NEWLY RENOVATED WITH FRESH CARPET & PAINT. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1293 AND $1293 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING TOTAL OF $2586. THESE TENANTS PAYS ALL THE UTILITIES MINUS WATER WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Rooms
Basement Block
Interior
Heating Floor Furnace
Fireplace No
Exterior
Exterior Feature Brick
Waterfront No
Building
Story 2 Story
Foundation Basement
Water Public Water at Street
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by 1st Michigan Real Estate
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