3990 BEACONSFIELD Street

  • $175,000
3990 BEACONSFIELD Street, Detroit, MI 48224
For Sale
3990 BEACONSFIELD Street, Detroit, MI 48224
  • $175,000

Overview

Property ID: 20240080395
  • Single Family Home
  • Property Type
  • 6
  • Bedrooms
  • 2
  • Bathrooms
  • 2039
  • Sq Ft
  • 1927
  • Year Built

Description

LOCATED 7 MINUTES FROM THE INFAMOUS CITY OF GROSSE POINTE AND JEFFERSON/CHALMERS, YOU WILL FIND 3990 BEACONSFIELD NESTLED ON A HUGE 4,356 SQUARE FOOT LOT IN THE QUIET “MORNINGSIDE” NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A BRAND NEW 40 YEAR TEAR OFF ROOF TOWERING OVER TWO SPACIOUS 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND 2 HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS NEWER ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1413 AND $1277 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING TOTAL OF $2690. THESE TENANTS PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN

Details

  • Property ID: 20240080395
  • Price: $175,000
  • Property Size: 2039 Sq Ft
  • Land Area: 0.1 Acres
  • Bedrooms: 6
  • Bathrooms: 2
  • Year Built: 1927
  • Property Type: Single Family Home
  • Property Status: For Sale
Updated on October 31, 2024 at 7:32 pm
Listing Office : 1st Michigan Real Estate
Listing Member : Marta Kopania
  • Address 3990 BEACONSFIELD Street
  • Zip/Postal Code 48224

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