$175,000
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15824 STEEL ST Detroit, MI 48227
6 Beds
2 Baths
2,589 SqFt
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,589 sqft
Price per Sqft $77
Subdivision Mills & Knebushs Burger( Plats)
MLS Listing ID 20221051225
Sold Date 10/18/22
Style Other
Bedrooms 6
Full Baths 2
Year Built 1929
Property Sub-Type SingleFamilyResidence
Property Description
MULTIPLE OFFER SITUATION! HIGHEST AND BEST DUE BY SATURDAY AT NOON Located just 7 minutes from. infamous Bagley and University District, you will find 15824 steel Nestled on a 3,933 square foot lot in a quiet neighborhood of homeowners. This crown jewel duplex consists of 2 recently remodeled 3+ bed room units, While boasting a brand new roof with 40 year high definition shingles. Each unit has been upgraded with has newly installed heating system and hot water tank. In addition, each unit has brand new electrical and plumbing to insure maintenance free cash flow. Furthermore, the entire complex has new electrical and plumbing from top to bottom. Each spacious unit has freshly rolled paint, top of the line wall to wall carpet and premium underlayment. The units are freshly leased as of 10-1-2022 two section 8 tenants and the monthly dividends are paid by section 8 as follows: $1595 and $1499. The tenants pay all the utilities, which allows this complex to maintain a near 22% cash on cash return. Property taxes have been reduced to roughly $100 per month. This Diamond will be wrapped around a lucky owner's finger soon! No showings without accepted full list offer.
Location
State MI
County Wayne
Area Area05042Det6Tiregrnfldlivernois
Rooms
Basement Full, Unfinished
Interior
Heating HotWater, NaturalGas
Fireplace No
Exterior
Parking Features NoGarage
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Block
Sewer PublicSewer
Water WateratStreet
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition ShortSaleNo, Standard
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Bought with Amin Realty





