$70,000
Accepting Backup Offers

17520 MAINE STREET

Detroit, MI 48212
1308 sqft | 3 beds | 1.5 baths | #20240035991
Browse 17 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Investors look no further for a turnkey asset with strong cash flow. This lovely 3 bedroom single family home comes professionally managed with the rental license completed and a cash tenant of 2 years that would like to stay. Current lease is m2m at 1300/mo so a savvy investor can earn well over a 12% net return. The home features an extra half bath, newer furnace and water heater, kitchen and bath updates 5 years ago, and lots of space both upstairs and downstairs. Located in Cadillac Heights, near Hamtramck and only 10 minutes from downtown Detroit.
*Calling for highest & best offers due 6/10/2024 by 4pm (est)

  • Interior Details
      • HeatingForced Air
    • Beds & Baths
      • Total Baths1.10
      • Bathrooms1.5
      • Bedrooms3
      • Full Baths1
      • Half Baths1
  • Property Details
      • Square Feet1308
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1972
  • Community and Neighborhood Details
      • School DistrictDetroit
      • RegionDetroit
      • CountyWayne
  • Financial Details
      • Original List Price$70,000
  • Other
      • MLS #20240035991

Location

Theresa ColemanReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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