5378 VANCOUVER Street Active

Detroit,MI 48204

$ 158990

- Bed

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20240038443

Originating Board Realcomp

Year Built 1916

Annual Tax Amount $973

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 30.00 x 137.00

Property Description

LOCATED 8 MINUTES FROM NEW CENTER YOU WILL FIND 5378 VANCOUVER STREET NESTLED ON A 4,110 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST TWO 2 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEW FURNACES. IN ADDITION, THIS HOME DISPLAYS BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. MOREOVER SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. NO EXPENSE HAS BEEN SPARED. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS WITH MONTHLY DIVIDENDS OF $2428. THIS INVESTMENT PAYS A RETURN OF JUST UNDER 15%. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Multi-Family

Direction Vancouver & Northfield

Interior

Heating Hot Water

Exterior

Waterfront No

View Y/N No

Building

Structure Type Brick

Others

Tax ID W16I002860S

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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