$49,000
$48,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
16838 BRINGARD DR Detroit, MI 48205
3 Beds
1 Bath
1,150 SqFt
Key Details
Sold Price $49,000
Property Type Single Family Home
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,150 sqft
Price per Sqft $42
Subdivision Ternes Superhighway (Plats)
MLS Listing ID 218087974
Sold Date 10/02/18
Style Colonial
Bedrooms 3
Full Baths 1
Originating Board Realcomp II Ltd
Year Built 1946
Annual Tax Amount $1,100
Lot Size 6,534 Sqft
Lot Dimensions 45.00X141.43
Property Sub-Type Colonial
Property Description
15% Cap Rate! Rented at $900 a month. Beautiful, 3 Bed, 1 Bath, renovated colonial home located on a desirable street in Northeast Detroit. Brand new kitchen cabinets, granite counter tops, tile back splash, ceramic floors, updated hardwood floors, sliding glass door to deck. Large, backyard. Updated bathroom. Newer windows. New furnace/hot water tank. This is a solid investment. Will not last long. Financial breakdown: $900 a month rent ($10,800 annual), $68.50 a month insurance ($822 annual), $90 a month management fee ($980 annual), $1,100 annual property taxes, $600 annual maintenance estimated. Total net income: $7,298. NOTE: Photos were taken prior to tenant moving in.
Location
State MI
County Wayne
Area Det 8 To Gratiot/Houston To 7
Direction Take 8 Mile to Kelly, then to Bringard
Rooms
Basement Unfinished
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Garage Description No Garage
Roof Type Asphalt
Porch Deck
Road Frontage Paved
Building
Foundation Basement
Sewer Sewer-Sanitary
Water Municipal Water
Warranty No
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I025921S
Ownership Private Owned,Short Sale - No
SqFt Source PRD
Rebuilt Year 2018
Financing Cash
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