Detroit, MI 48227,15824 STEEL Street

$200,000

$175,000

14.3%
Est.Price: ?

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Est. payment /mo

2,589 SqFt


SOLD DATE : 10/18/2022

Key Details

Sold Price $200,000

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Sold

Purchase Type For Sale

Square Footage 2,589 sqft

Price per Sqft $77

Subdivision Mills & Knebushs Burger( Plats)

MLS Listing ID 20221051445

Sold Date 10/18/22

Originating Board Realcomp II Ltd

Year Built 1929

Annual Tax Amount $1,482

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 36.00 x 107.00

Property Description

MULTIPLE OFFER SITUATION! HIGHEST AND BEST DUE BY SATURDAY AT NOON Located just 7 minutes from. infamous Bagley and University District, you will find 15824 steel Nestled on a 3,933 square foot lot in a quiet neighborhood of homeowners. This crown jewel duplex consists of 2 recently remodeled 3+ bed room units, While boasting a brand new roof with 40 year high definition shingles. Each unit has been upgraded with has newly installed heating system and hot water tank. In addition, each unit has 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, top of the line wall to wall carpet and premium underlayment. The units are freshly leased as of 10-1-2022 two section 8 tenants and the monthly dividends are paid by section 8 as follows: $1595 and $1499. The tenants pay all the utilities, which allows this complex to maintain a near 22% cash on cash return. Property taxes have been reduced to roughly $100 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 Multi-Family

Direction Meyeres & Puritiain

Interior

Heating Hot Water

Heat Source Natural Gas

Exterior

Pool No

Waterfront no

Road Frontage Paved

Building

Foundation Basement

Sewer Sewer at Street

Water Water at Street

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W22I022376S

Ownership Short Sale - No,Private Owned

Assessment Amount $340

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

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Realcomp MLS
Listed by Discover Real Estate
Bought with Amin Realty
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