Highland Park, MI 48203,52 FERRIS Street

$105,000

$120,000

12.5%
Est.Price: ?

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Est. payment /mo

3 Beds

4.5 Baths

1,400 SqFt


SOLD DATE : 03/23/2023

Key Details

Sold Price $105,000

Property Type Multi-Family

Sub Type Colonial

Listing Status Sold

Purchase Type For Sale

Square Footage 1,400 sqft

Price per Sqft $75

Subdivision Steven & Candler Sub Block No 1

MLS Listing ID 20230004606

Sold Date 03/23/23

Style Colonial

Bedrooms 3

Full Baths 3

Half Baths 3

Originating Board Realcomp II Ltd

Year Built 2005

Annual Tax Amount $420

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 50.00 x 125.00

Property Description

***Investor Special***3 single-family homes (35 Candler, 36 Candler, 52 Ferris) for a cash flowing portfolio just a block off of Woodward! Properties were built in 2005 and outfitted with PEX plumbing and an updated electrical system. There is a new roof on 52 Ferris. The portfolio is currently under market value with long-term tenants at $750 ( section 8 ) and $700. There is a projected market value of $2,400 in rental income. This is a great opportunity to start or add to your portfolio with new construction property. Properties are minutes from Palmer Park, Detroit Golf Club, University of Detroit Mercy, and freeway access!

*** Tenant occupied please do not disturb tenants. Showings and inspection are only available with an acceptable offer ***

Location

State MI

County Wayne

Area Highland Park

Zoning Multi-Family

Direction NE of Woodward Ave/S of E McNichols

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Colonial

Level or Stories 2 Story

Structure Type Aluminum

Schools

School District Highland Park

Others

Pets Allowed Yes

Tax ID 43002010046000

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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Realcomp MLS
Listed by Kevin Devergilio of REALTEAM Real Estate
Bought with REALTEAM Real Estate
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