12935 Payton Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48224
Key Details
Property Type Single Family Home
Sub Type Bungalow
Listing Status Active
Purchase Type For Sale
Square Footage 1,636 sqft
Price per Sqft $80
MLS Listing ID 81024060163
Style Bungalow
Bedrooms 3
Full Baths 2
HOA Y/N no
Originating Board Greater Metropolitan Association of REALTORS®
Year Built 1943
Annual Tax Amount $2,118
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 42.00 x 115.00
Property Description
Calling all investors! Fully TURNKEY opportunity and a great addition to your investment portfolio! Fully certified by the City of Detroit, rented, meeting all Section 8 standards, and a ROI of 12.03%. Property features a 3 bedroom 2 bathroom, Section 8 tenant on a yearly lease with a rent of $1,500/month. Seller has other similar properties for sale. Seller and agent are related.
Location
State MI
County Wayne
Area Det Con-Mors/Grat. Hstn/7 Mack
Direction N of 94, E of 3
Interior
Interior Features Laundry Facility
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Parking Features Detached
Garage yes
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Bungalow
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I057503S
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Financing Cash,Conventional,FHA,VA