Detroit, MI 48224,11080 LAKEPOINTE Street

$82,000

Est. payment /mo

$79,900

2.6%
Est.Price: ?

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11080 LAKEPOINTE Street Detroit, MI 48224

3 Beds

1 Bath

1,201 SqFt

SOLD DATE : 05/09/2023

Key Details

Sold Price $82,000

Property Type Single Family Home

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 1,201 sqft

Price per Sqft $68

Subdivision King Heights Sub (Plats)

MLS Listing ID 20230030193

Sold Date 05/09/23

Style Other

Bedrooms 3

Full Baths 1

HOA Y/N no

Originating Board Realcomp II Ltd

Year Built 1941

Annual Tax Amount $674

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 35.00 x 129.00

Property Description

HIGHEST AND BEST FRIDAY AT 5PM. LOCATED 4 MINUTES FROM INFAMOUS EAST ENGLISH VILLAGE, YOU WILL FIND 11080 LAKEPOINTE NESTLED ON A 4,356 SQUARE FOOT LOT IN THE QUIET "YORKSHIRE WOODS" NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL IS RECENTLY REMODELED AND BOAST 3 FULL BEDROOMS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS A NEWLY INSTALLED FURNACE AND HOT WATER TANKS. IN ADDITION, THIS HOME HAS ENTIRELY BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW.  MOREOVER SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT.
THIS BEAUTY WAS JUST RENTED TO A SECTION 8 TENANT ON A 2 YEAR LEASE AND THE MONTHLY DIVIDENDS OF $1500 ARE ALL PAID IN FULL BY THE FEDERAL GOVERNMENT. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN 22% CASH ON CASH RETURN. PROPERTY TAXES HAVE BEEN REDUCED TO ROUGHLY $100 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 Det Con-Mors/Grat. Hstn/7 Mack

Direction Lakepointe & Grayton

Rooms

Basement Unfinished

Interior

Heating Hot Water

Fireplace no

Heat Source Natural Gas

Exterior

Parking Features Detached

Garage Description 1 Car

Road Frontage Paved

Garage yes

Building

Foundation Basement

Sewer Sewer at Street

Water Water at Street

Architectural Style Other

Warranty No

Level or Stories 1 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W21I064817S

Ownership Short Sale - No,Private Owned

Assessment Amount $240

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Marta Kopania of Discover Real Estate
Bought with Offerus

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