MLS # 20261032546 (Realcomp)

GREAT INVESTMENT OPPORTUNITY WITH THIS TWO-UNIT MULTIFAMILY PROPERTY FEATURING TWO 2-BEDROOM, 1-BATH UNITS! OFFERING STRONG INCOME POTENTIAL FOR INVESTORS OR OWNER-OCCUPANTS LOOKING TO BUILD EQUITY, THIS PROPERTY PROVIDES FLEXIBILITY FOR RENTAL INCOME, MULTI-GENERATIONAL LIVING, OR A LIVE-IN INVESTMENT STRATEGY. WHILE THE HOME DOES REQUIRE UPDATES AND TLC, THE POSSIBILITIES ARE ENDLESS FOR THE RIGHT BUYER READY TO BRING THEIR VISION TO LIFE. ROLL UP YOUR SLEEVES AND TURN THIS PROPERTY INTO A PROFITABLE ADDITION TO YOUR PORTFOLIO!
Source: SparkMLS
Located in Mackenzie in Detroit, this property offers 2-bath, with original construction dating to 1928.
Asking $39,900.
Annual property taxes run approximately $635 ($53/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
W CHERRYLAWN 206 OAKMAN-WALSH-WESTON SUB L50 P48 PLATS, W C R 16/349 35 X 100.28
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Robert Kabbani
Keller Williams Legacy
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
14067 Cherrylawn Street, Detroit, MI 48238
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Neighborhood
Mackenzie
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Community
Detroit
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County
Wayne County
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