Sold
7068 PACKARD Avenue, Warren, MI 48091
Sold on 09/29/2023 for$83,000
MLS # 20230054976 (Realcomp)
2 beds1 bath770 sqftBuilt 19400.1 acres
1 / 15
Listing Description
Do not disturb, tenant occupied paying $1100 rent per month. Please submit an offer with showing contingency.Welcome to this fantastic investment opportunity! This property features a well-maintained 2-bedroom, 1-bathroom configuration, ideal for tenants seeking comfort and practicality.Boasting robust construction, this property promises low maintenance costs, adding to your net rental yield. The functional layout offers generous living spaces that attract a wide range of potential tenants, ensuring steady occupancy rates.What sets this investment property apart is its ability to generate solid monthly rental income, allowing you to experience a seamless and lucrative real estate investment journey. Coupled with the potential for capital appreciation in this high-growth area, this is a chance not to be missed.Act fast - properties with this income potential don't stay on the market for long. Contact us today to arrange a viewing and see for yourself the impressive potential this investment holds.Furnace- 2018, HWT -2022 and Newer roof already rental certified by city of warren.
Source: SparkMLS
About this home
This 2-bedroom, 1-bath, 770 sq ft home built in 1940 sits in Warren in Warren.
Final sale price: $83,000 (about $108/sq ft).
Annual property taxes run approximately $1,161 ($97/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area770 sqft
Lot Size0.1 acres
Year Built1940
Stories1
Location
CityWarren
MunicipalityWarren
Zip Code48091
CountyMacomb
School DistrictCenter Line
Construction & Systems
ConstructionVinyl Siding
BasementCrawl Space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/5/2023
Sold Date9/28/2023
Original Price$114,900
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$1,161
State Equalized Value$36,720
Taxable Value$36,720
Assessed Value$36,720
Parcel #13-33-256-009
Source: Public Records
Legal Description
PIPERS VAN DYKE SUBDIVISION NO 4 LOT 796 L4 P92
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jubel Ahmed
R2M Realty
Frequently Asked Questions about 7068 PACKARD Avenue, Warren, MI 48091
Which school district serves 7068 PACKARD Avenue, Warren, MI 48091?
Per MLS# 20230054976, 7068 PACKARD Avenue, Warren, MI 48091 is in the Center Line boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Center Line directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20230054976, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 7068 PACKARD Avenue, Warren, MI 48091?
Per public tax records, annual property taxes for this property are $1,161. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 7068 PACKARD Avenue, Warren, MI 48091 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 7068 PACKARD Avenue, Warren, MI 48091 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 7068 PACKARD Avenue, Warren, MI 48091?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Macomb County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Mortgage Calculator
$
%
$
$
$
Monthly payment$583
Principal & interest$583
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
7068 PACKARD Avenue, Warren, MI 48091
View full property history →
Municipality
Warren
View all listings →
County
Macomb County
View county overview →
Get email alerts for new listings near 7068 PACKARD Avenue
We'll notify you when something hits the market in Warren or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.