17129 WESTPHALIA Street, Detroit, MI 48205 - MLS#20240067092

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Additional details

Downtown Realty

team@dtrdetroit.com +1(313) 466-7253

$ 290,000

Est. payment -/mo

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Price Dropped by $10K

17129 WESTPHALIA Street Detroit, MI 48205

4 Beds

5 Baths

2,880 SqFt

UPDATED:

12/17/2024 02:53 AM

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $100

Subdivision Gitre Park

MLS Listing ID 20240067092

Style Other

Bedrooms 4

Full Baths 5

Originating Board Realcomp II Ltd

Year Built 1928

Annual Tax Amount $821

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 25.00 x 215.00

Property Description

Located 8 minutes from the infamous East English Village District, you will find 17129 Westphalia nestled on a 5,357 square foot lot in a quiet neighborhood of homeowners. This crown jewel boasts a brand new roof to ensure repeat dividends for many years to come. Your apartment complex consists of 5 recently remodeled 1 bed room units. Each unit has been upgraded and has entirely brand new electrical and plumbing to insure maintenance free cash flow. Furthermore the entire complex has new electrical and plumbing from top to bottom. Each spacious unit has freshly rolled paint and brand new carpet with top of the line underlayment. 3 of the 5 units are leased to section 8 tenants and the monthly dividends are 3,007 all paid by section 8. The tenants pay all utilities, which allows this complex to maintain a near 29 print cash on cash return. 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 8 To Gratiot/Houston To 7

Zoning Multi-Family

Direction Westphalia & Mchnicholas

Rooms

Basement Unfinished

Interior

Heating Hot Water

Fireplace no

Heat Source Natural Gas

Exterior

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Sewer at Street

Water Water at Street

Architectural Style Other

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W21I031967S

Ownership Short Sale - No,Private Owned

Assessment Amount $240

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Listed by Marta Kopania of 1st Michigan Real Estate

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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