18551 Patton St, Detroit, MI 48219
- $99,000
- 3
- BD
- 1
- BA
- 800
- SqFt
- Sold Price
- $99,000
- List Price
- $107,500
- Closing Date
- Apr 18, 2025
- MLS#
- 20250009643
- Status
- CLOSED
- Bedrooms
- 3
- Bathrooms
- 1
- Total Square Footage
- 800
- Subdivision
- C W HARRAHS REDFORD SUB (PLATS)
Property Description
MULTIPLE OFFER SITUATION, HIGHEST AND BEST DUE BY TUESDAY AT 5PM. REDUCED FOR A QUICK SALE! LOCATED 6 MINUTES FROM THE HISTORIC ROSEDALE PARK DISTRICT YOU WILL FIND 18551 PATTON NESTLED ON A HUGE 4,356 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF AND HAS BEEN RECENTLY REMODELED. SHE HAS BEEN CAREFULLY UPGRADED AND HAS A NEWLY INSTALLED FURNACE AND HOT WATER . IN ADDITION SHE HAS NEWER PLUMBING AND BRAND NEW ELECTRICAL TO INSURE MAINTENANCE FREE CASH FLOW. THIS SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. SHE HAS JUST BEEN LEASED FOR 2 YEARS WITH SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1768 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY 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 WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Additional Information
- Year Built
- 1947
- Basement Type
- Unfinished
- Foundation
- Basement, Block
- Acres
- 0.10
- Style
- Other
- Acres
- 0.10
- School District
- Detroit
- Heating
- Natural Gas, Wall Furnace
- Garage Spaces
- 1
- Garage Description
- 1 Car, Detached
Mortgage Calculator
Courtesy of Downtown Realty 3134667253
Selling Office: Real Estate One-Troy.
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