13430 Promenade St, Detroit, MI 48213

$80,000
4
BD
2
BA
1,324
SqFt

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Sold Price
$80,000
List Price
$90,000
Closing Date
Nov 27, 2024
MLS#
20240084438
Status
CLOSED
Bedrooms
4
Bathrooms
2
Half-baths
1
Total Square Footage
1,324
Subdivision
STEVENS ESTATE SUB NO 2 (P LATS)

Property Description

Are you looking to “Make money while you sleep”? It looks like you can with this SECTION EIGHT **TURNKEY** Cash flow property! New 12 month government paid lease signed July 2024 Section 8 Tenant Government Paying Fourteen Hundred and Fifty USD Brick Cape Cod style Home 4 bedrooms, 1.5 baths Full basement Property has already been fully updated! Only Ninety Thousand Instant income- 2 Generous bedrooms on first floor, 2 even larger bedrooms upstairs- primary bedroom upstairs has a walk-in closet. All bedrooms have ceiling fans. Some locals may not realize what we truly have here until it's too late… Location - location - location! 5 minutes from Colman A. Young International Airport, 5 Minutes to I94 highway, only 15 min to downtown Detroit,12 minutes from the Detroit Medical Center (DMC - 8 General & Specialty Hospitals) close to restaurants, gas stations, shopping and public transit. Blocks from schools, parks, entertainment & more. There are very few 4 bedroom, up and running, cash flowing all brick properties that have been updated for under One Hundred Thousand USD so take it from Warren Buffett, “If you don't find a way to make money while you sleep, you will work until you die." It looks like you found a way. If so, make an offer today! Please do not disturb tenants.

Additional Information

Year Built
1940
Basement Type
Unfinished
Foundation
Basement, Brick/Mortar
Acres
0.13
Style
Bungalow
Acres
0.13
School District
Detroit
Heating
Forced Air, Natural Gas
Garage Description
None

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Pretty Home Realty 2489051402

Selling Office: Keller Williams First.

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