18734 Stahelin Ave, Detroit, MI 48219
- $69,990
- 2
- BD
- 1
- BA
- 795
- SqFt
- List Price
- $69,990
- MLS#
- 20261024906
- Status
- ACTIVE
- Bedrooms
- 2
- Bathrooms
- 1
- Total Square Footage
- 795
- Subdivision
- LONGFELLOW MANOR
Property Description
REDUCED! LOCATED JUST 7 MINUTES FROM THE HISTORIC NORTH ROSEDALE PARK YOU WILL FIND 18734 STAHELIN NESTLED ON A HUGE 4,573 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS BRICK CROWN JEWEL BOASTS A BRAND NEW TEAR OFF 40 YEAR ROOF AND CONSISTS OF 2 SPACIOUS BEDROOMS AND A HUGE BACKYARD. SHE HAS BEEN CAREFULLY UPGRADED WITH TOP OF THF LINE PLUMBING AND BRAND NEW ELECTRICAL THAT WILL INSURE MAINTENANCE FREE CASH FLOW. ALSO THE HOT WATER TANK AND FURNACE. THIS BEAUTY HAS JUST BEEN LEASED TO A 2 YEAR SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1497 ARE PAID 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 $150 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
- 1942
- Basement Type
- Unfinished
- Foundation
- Basement, Poured Concrete
- Acres
- 0.11
- Style
- Bungalow
- Acres
- 0.11
- School District
- Detroit
- Heating
- Gravity, Natural Gas
- Garage Spaces
- 1
- Garage Description
- 1 Car, Detached
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Courtesy of KW Domain 2485900800