Detroit, MI 48204 5033,4609 VANCOUVER Street
Detroit, MI 48204 5033,4609 VANCOUVER Street
Detroit, MI 48204 5033,4609 VANCOUVER Street
27
$200,000
$200,000
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2,214 SqFt

4609 VANCOUVER Street Detroit, MI 48204 5033

Est. payment /mo
SOLD DATE : 11/05/2024

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $200,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,214 sqft

Price per Sqft $90

Subdivision Mi

MLS Listing ID 60341232

Sold Date 11/05/24

Annual Tax Amount $890

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 32.00 x 128.00

Property Description

LOCATED 6 MINUTES FROM HISTORIC BOSTON EDISON DISTRICT YOU WILL FIND 4609 VANCOUVER NESTLED ON A 3,920 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A BRAND NEW 40 YEAR TEAR OFF ROOF TOWERING OVER TWO SPACIOUS 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND 2 HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS NEWER ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1595 AND $1360 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING TOTAL OF $2955. THESE TENANTS PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. 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

Exterior

Waterfront No

Building

Foundation Basement

Water Public Water at Street

Structure Type Brick

Others

Ownership Private

Assessment Amount $340

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Conventional

Read Less


MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by 1st Michigan Real Estate
Bought with Berkshire Hathaway HomeServices The Loft Warehouse

GET MORE INFORMATION

Scott Clay

Broker/Owner | License ID: 6502432343

+1(989) 332-1712

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.