$195,000
2213 HAZELWOOD Street Detroit, MI 48206
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$195,000
Est. payment /mo
2 Baths
4,356 Sqft Lot
UPDATED:
11/21/2024 09:46 AM
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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Listed by 1st Michigan Real Estate
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Joey Atkins
Owner / Managing Broker | License ID: RB17000834
Owner / Managing Broker License ID: RB17000834