3803 TYLER STREET
Detroit, MI 48238
2600 sqft | 2.5 baths | #20240032597
Description
We are looking for a quick, cash, close.
100% Occupied Section 8.
77% of rent paid by federal government each month.
$3750 gross
$2812 less 25% mgmt/vac/capx
$2212 less $600 tax/ins/utils
$26,550 annual NOI
10.71% CAP Rate @ $247,777
Detroit just invested $21M to revitalize the this block/neighborhood
New restaurants at end the street, and construction everywhere
4052 Tyler Street just appraised @ 260k
Interior Details
- HeatingHot Water
Beds & Baths
- Total Baths2.10
- Bathrooms2.5
- Full Baths2
- Half Baths1
Property Details
- Square Feet2600
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1927
Community and Neighborhood Details
- ZoningResidential
- School DistrictDetroit
- RegionDetroit
- CountyWayne
Financial Details
- Original List Price$265,500
Other
- MLS #20240032597
Location
Legal
Notice: This listing provided courtesy of Realcomp IDX (REALCOMP). The information contained in this listings has not been verified by us or the MLS and should be verified by the parties interested.
Listing Courtesy
Listing Agent: Steve Koleno (#432825)
Listing Office: Beycome Brokerage Realty LLC (#432904)
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.
