2213 HAZELWOOD Street Active

Detroit,MI 48206

$ 195000

- Bed

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20240071110

Originating Board Realcomp

Year Built 1919

Annual Tax Amount $1,520

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 35.00 x 123.00

Property Description

REDUCED! LOOK AT COMPS 2283 TAYLOR, 8904 LASALLE SOLD 350, 400K SAME SUBDIVISION. LOCATED 90 SECONDS, YES 90 SECONDS FROM HISTORIC BOSTON EDISON DISTRICT YOU WILL FIND 2213 HAZELWOOD NESTLED ON A 4,312 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A MASSIVE BRAND NEW 40 YEAR TEAR OFF ROOF TOWERING OVER 6 SPACIOUS BEDROOMS . SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND HOT WATER TANK. IN ADDITION, THIS HOME DISPLAYS NEWER ELECTRICAL AND FRESHLY INSTALLED PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $2590 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING ROI. THESE TENANTS PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $200 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Multi-Family

Direction Hazelwood & 14th

Interior

Heating Wall Furnace

Exterior

Waterfront No

View Y/N No

Building

Structure Type Brick

Others

Tax ID W10I002158S

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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