$900,000
Accepting Backup Offers

3737 Scovel Place

Detroit, MI 48208
0.15 acres | #81024029554
Browse 19 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Great investment opportunity! Newly updated 20 unit occupied apartment building with leases in place in a convenient location. Find your way downtown in less 10 minutes or to midtown in just 5 minutes!The building comes with ample parking in an attached concrete lot directly next to building. The entire building has been rental certified and has passed lead inspection by the city of Detroit. There are 10 one bedroom units and 10 studio units. The majority of all units have newer flooring, paint, and lighting. All unit doors have are equipped steel doors with keyless/digital entry as well as deadbolt locks. All units have their own electric meter along with heating and cooling units. Each unit is separately metered. All tenant pay thier own electric bills. All one bedroom units have newfurnaces and AC units. Each studio units have new mini-split systems that have heat and AC. The majority of the plumbing stacks have been replaced. The front door has new hinges and locking mechanism, the back door is an all new steel door. The roof was aluminum seal coated in 2016. The hot water tank was replaced for the entire building in 2016. The entire Building has newer windows. All common areas have new LED light fixtures. A new camera system has been installed throughout the entire building and outside.

  • Property Details
      • Utility FeaturesNaturalGasConnected
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • MLS #81024029554
      • Property SubtypeMultiFamily
      • MLS #81024029554
      • Original List Price$900,000
      • Parcel Number12009873
      • School DistrictDetroit
      • Taxes Annual$12,844
      • RoofRubber
      • Utility SourcePublic
      • Cost900000
      • CountyWayne
      • Acres0.15
      • Basement DescriptionFull
      • Year Built1927
      • Days on Market (Cumulative)307
      • Basement1

Location

Theresa ColemanReal Estate Group
OR

Interested in Purchasing 3737 Scovel Place?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
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
$0.00
Loan Amount
$0.00