3990 BEACONSFIELD Street, Detroit, MI 48224 - MLS#20240080399

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Additional details

Downtown Realty

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

$ 175,000

Est. payment -/mo

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Price Dropped by $25K

3990 BEACONSFIELD Street Detroit, MI 48224

2,039 SqFt

UPDATED:

10/30/2024 01:17 PM

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 2,039 sqft

Price per Sqft $85

Subdivision Moore & Moestas (Plats)

MLS Listing ID 20240080399

Originating Board Realcomp II Ltd

Year Built 1927

Annual Tax Amount $1,249

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 40.00 x 112.00

Property Description

LOCATED 7 MINUTES FROM THE INFAMOUS CITY OF GROSSE POINTE AND JEFFERSON/CHALMERS, YOU WILL FIND 3990 BEACONSFIELD NESTLED ON A HUGE 4,356 SQUARE FOOT LOT IN THE QUIET "MORNINGSIDE" NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A BRAND NEW 40 YEAR TEAR OFF ROOF TOWERING OVER TWO SPACIOUS 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND 2 HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS NEWER ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1413 AND $1277 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING TOTAL OF $2690. THESE TENANTS PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Location

State MI

County Wayne

Area Det Con-Mors/Grat. Hstn/7 Mack

Zoning Multi-Family

Direction Beaconsfield & Bremen

Interior

Heat Source Natural Gas

Exterior

Waterfront no

Road Frontage Paved

Building

Sewer Sewer at Street

Water Water at Street

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W21I065624S

Ownership Short Sale - No,Private Owned

Assessment Amount $340

Acceptable Financing Cash, Conventional

Rebuilt Year 2024

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

Listed by Marta Kopania of 1st Michigan Real Estate

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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