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Larry Else

larry@dtrdetroit.com +1(313) 315-3215

$ 200,000

Est. payment -/mo

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14002, 14004 Coyle Street Detroit, MI 48227

2 Beds

2 Baths

2,162 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Colonial

Listing Status Active

Purchase Type For Sale

Square Footage 2,162 sqft

Price per Sqft $92

Subdivision Wildwood

MLS Listing ID 20251030399

Style Colonial

Bedrooms 2

Full Baths 2

Year Built 1927

Annual Tax Amount $4,562

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 37 x 112

Property Sub-Type Colonial

Source Realcomp II Ltd

Property Description

LOCATED JUST 5 MINUTES FROM THE INFAMOUS, HISTORIC ROSEDALE PARK YOU WILL FIND 14002 COYLE NESTLED ON A HUGE 4,356 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A BRAND NEW 40 YEAR TEAR OFF ROOF PROTECTING TWO 3 BEDROOM UNITS. EVERY WINDOW IN THIS COMPOUND HADS BEEN REPLACED WITH VINYL CLAD INSULATED WINDOWS. SHE ALSO HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND 2 HOT WATER TANKS. IN ADDITION, THIS GEM SHOWCASES ALL NEW 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 $1350 AND $1155 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING TOTAL OF $2505. THESE TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE 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 6-Tire - Grnfld - Livernois

Zoning Residential

Direction SE on Grand River Ave, S on Greenfield Rd, E on Schoolcraft St, N on Coyle Ave, Home is on the Right

Rooms

Basement Unfinished

Interior

Interior Features Smoke Alarm, Circuit Breakers, Dual-Flush Toilet(s)

Hot Water Natural Gas

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Exterior Feature Lighting, Fenced

Roof Type Asphalt

Porch Balcony, Porch - Covered, Porch, Covered

Road Frontage Paved, Pub. Sidewalk

Garage no

Private Pool No

Building

Foundation Basement

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Colonial

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W22I044864S

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Rebuilt Year 2024

Listing Terms Cash, Conventional

Financing Cash,Conventional

Listed by Lauryn Johnson of Brookstone, Realtors LLC

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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