MLS # 20261055087 (Realcomp)

This triplex is a great opportunity for Value Add and Cash Flow investors alike, with Gross Potential Rents between $2,500 and $2,900 per month and ARVs in the 180K to 230K range. Features include an all brick exterior and major cosmetic updates previously done to the units such as new kitchens and flooring. The lower unit is a 2 bed / 1 bath and there are two 1 bed / 1 bath upper units. The upper units are in very good condition whereas the lower unit needs a little work.There are multiple entries for each unit and a shared basement space. Separate electric and gas meters. Some repairs are needed such as new HVAC, plumbing repairs, and minor cosmetics. Property is being sold as-is and buyer is to assume any needed repairs.
Source: SparkMLS
This 3-bath home built in 1929 sits in Winterhalter in Detroit.
Currently offered at $110,000.
Estimated annual property tax: $1,797, or about $150 monthly. 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
S KENDALL W 5 FT 36 35 ROBERT OAKMANS LIVERNOIS AVE AND DEXTER AVE SUB L45 P56 PLATS, W C R 14/207 40 X 115
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Timothy Moore
Zest Realty LLC
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
3795 Kendall Street, Detroit, MI 48238
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Neighborhood
Winterhalter
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Community
Detroit
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County
Wayne County
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