Detroit, MI 48238,2675 W BUENA VISTA Street

$175,000

$175,000

Est.Price: ?

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Est. payment /mo

4 Beds

3.5 Baths

3,130 SqFt


SOLD DATE : 10/10/2022

Key Details

Sold Price $175,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,130 sqft

Price per Sqft $55

Subdivision Bungalo Grove Sub (Plats)

MLS Listing ID 20221000556

Sold Date 10/10/22

Style Quadruplex

Bedrooms 4

Full Baths 3

Half Baths 1

Originating Board Realcomp II Ltd

Year Built 1925

Annual Tax Amount $1,668

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 44.00 x 92.00

Property Description

PRICE REDUCED TO $175,000. LOCATED 6 MINUTES FROM THE INFAMOUS BOSTON EDISON HISTORIC DISTRICT, YOU WILL FIND 2675 WEST BUENA VISTA NESTLED ON A 3,990 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL DUPLEX CONSISTS OF 4 RECENTLY REMODELED 1 BED ROOM UNITS. EACH UNIT HAS BEEN UPGRADED AND HAS NEWLY INSTALLED FURNACE’S AND HOT WATER TANKS. IN ADDITION, EACH UNIT 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. THE UNITS ARE ALL LEASED TO SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS ARE PAID BY SECTION 8 AS FOLLOWS: $985, $905, $905, $905 TOTALING $3,700. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN A NEAR 25% CASH ON CASH RETURN. PROPERTY TAXES HAVE BEEN REDUCED TO ROUGHLY $200 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Multi-Family

Direction W Linwood

Rooms

Basement Interior Entry (Interior Access), Unfinished

Interior

Heating Hot Water

Fireplace no

Heat Source Natural Gas, Wood

Exterior

Road Frontage Private

Garage no

Building

Foundation Slab, Basement, Michigan Basement

Sewer Sewer at Street

Water Water at Street

Architectural Style Quadruplex

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W10I004028S

Ownership Bank Owned,Short Sale - No

Assessment Amount $340

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Marta Kopania of Discover Real Estate
Bought with Discover Real Estate
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