6061 15TH Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48208
Key Details
Property Type Commercial
Sub Type Apartments,Business Opportunity
Listing Status Active
Purchase Type For Sale
Square Footage 2,274 sqft
Price per Sqft $68
Subdivision Hughes
MLS Listing ID 20240061784
Bedrooms 2
Year Built 1905
Annual Tax Amount $1,078
Lot Size 3,484 Sqft
Property Description
LOCATED JUST MINUTES FROM THE INFAMOUS MOTOWN MUSEUM AND NORTH END DISTRICT, YOU WILL FIND 6061 15TH STREET NESTLED ON A 3,484 SQ. FOOT LOT IN THE NEW CENTER NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL DUPLEX CONSISTS OF 2 RECENTLY REMODELED 3 BED ROOM UNITS, WHILE BOASTING A BRAND NEW ROOF WITH 40 YEAR HIGH DEFINITION SHINGLES. EACH UNIT HAS BEEN CAREFULLY UPGRADED IN ADDITION TO A NEW HOT WATER TANK. THE ENTIRE COMPLEX HAS BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. FURTHERMORE, EACH SPACIOUS UNIT HAS FRESHLY ROLLED PAINT AND HARDWOOD FLOORS. THE UNITS ARE LEASED TO SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 1275 and 1368 total of 2693 ARE PAID IN FULL BY SECTION 8. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN A NEAR 22 PERC CASH ON CASH RETURN. PROPERTY TAXES HAVE BEEN REDUCED TO ROUGHLY 150 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family
Interior
Heating Hot Water
Exterior
Pool No
Waterfront no
Building
Sewer Sewer at Street
Water Water at Street
Schools
School District Detroit
Others
Assessment Amount $340
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Full Service