Detroit, MI 48238,13601 NORTHLAWN Street

$199,000

Est. payment /mo
Est.Price: ?

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13601 NORTHLAWN Street Detroit, MI 48238

2 Beds

2 Baths

2,400 SqFt

SOLD DATE : 12/06/2024

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $75

Subdivision Greenfield Park No 4 (Plats)

MLS Listing ID 20240078427

Style Duplex

Bedrooms 2

Full Baths 2

Year Built 1926

Lot Size 3,484 Sqft

Property Sub-Type Duplex

Property Description

MULTIPLE OFFERS RECEIVED, HIGHEST AND BEST MONDAY AT NOON. LOCATED 6 MINUTES FROM HISTORIC BOSTON EDISON DISTRICT YOU WILL FIND 13601 NORTHLAWN NESTLED ON A 3,675 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A BRAND NEW TEAR OFF ROOF TOWERING OVER TWO SPACIOUS 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH A NEW HEATING SYSTEM AND NEW WINDOWS. IN ADDITION, THIS HOME DISPLAYS BRAND NEW ELECTRICAL AND PLUMBING SYSTEMS TO INSURE MAINTENANCE FREE CASH FLOW. NEWLY RENOVATED WITH FRESH CARPET & PAINT. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1293 AND $1293 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING TOTAL OF $2586. THESE TENANTS PAYS ALL THE UTILITIES MINUS WATER WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. 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 6-Tire - Grnfld - Livernois

Zoning Multi-Family

Interior

Heating Wall/Floor Furnace

Exterior

Garage Spaces 1.0

Building

Foundation Basement

Sewer Sewer at Street

Water Water at Street

Structure Type Brick

Schools

School District Detroit

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Realcomp MLS
Listed by Marta Kopania of 1st Michigan Real Estate
Bought with 1st Michigan Real Estate
Larry Else

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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