4533 McClellan Street new

Detroit,MI 48214

$ 125000

3 Beds

1 Bath

1194 SqFt


Key Details

Property Type Single Family Home

Sub Type Colonial

Listing Status Active

Purchase Type For Sale

Square Footage 1,194 sqft

Price per Sqft $104

Subdivision Sprague & Visgers Sub

MLS Listing ID 20251030248

Style Colonial

Bedrooms 3

Full Baths 1

Year Built 1912

Annual Tax Amount $1,431

Lot Size 3,484 Sqft

Property Sub-Type Colonial

Property Description

LOCATED 4 MINUTES FROM THE INFAMOUS INDIAN VILLAGE, YOU WILL FIND 4533 MCCLELLAN NESTLED ON A 4,615 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOASTS A BRAND NEW 40 YEAR ROOF WITH ALL NEW WINDOWS AND SIDING AND GUTTERS TO ENSURE REPEAT DIVIDENDS FOR MANY YEARS TO COME.
EVERY INCH OF ELECTRICAL HAS BEEN UPGRADED, COUPLED WITH NEWER PLUMBING AND HOT WATER TANK TO INSURE MAINTENANCE FREE CASH FLOW. FURTHERMORE SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED TO A 2 YEAR SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1495 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $50 PER MONTH. THIS DIAMOND WILL WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Location

State MI

County Wayne

Area Det 6-Tire - Grnfld - Livernois

Interior

Hot Water Natural Gas

Heating Forced Air

Exterior

Parking Features Detached

Garage Description 1 Car

Building

Foundation Basement

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Asphalt

Schools

School District Detroit

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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