$70,000 pending
8220 burt, detroit, MI 48228
| Beds 3 | Baths 2 | 1,004 Sqft | 0.12 Acres |
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Property Description
Welcome to 8220 Burt road in the Warrendale neighborhood of Detroit. This house is a dream for a new or seasoned investor as the property collecting an astounding 16.2% ROI, or 110% cash on cash for an investor using a DSCR loan. This house has been fully renovated over the last 2 years with new kitchen, windows, flooring, paint, etc, and due to this our tenants do not want to leave. Tenants are cash paying and do not miss a month. Seller also has other cash flowing rentals in the city he would be willing to package together for the right investor. No showings without an accepted offer to not disturb our tenant
General Information
Sale Price: $70,000
Price/SqFt: $70
Status: Pending
MLS#: rcomi60380293
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: rouge park sub
Acres: 0.12
Lot Dimensions: 40.00 x 133.00
Bedrooms:3
Bathrooms:2 (1 full, 1 half)
House Size: 1,004 sq.ft.
Acreage: 0.12 est.
Year Built: 1941
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1: 10x9
Bedroom 2 : 11x10
Bedroom 3: 13x12
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen: 12x12
Livingroom:
Pole Buildings:
Paved Road: Paved Street
Garage: 1
Garage Description: Detached Garage
Exterior: Vinyl Siding
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sanitary
Watersource: Public Water
Tax, Fees & Legal
Est. Summer Taxes: $581
Est. Winter Taxes: $63
HOA fees:
Information provided by East Central Association of REALTORS
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Listing By: Matthew Bush of RE/MAX First, Phone: 586-781-2900
