$ 188,700
18041 PELKEY Street Detroit, MI 48205
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$ 188,700
Est. payment | /mo
5 Beds
3 Baths
2,534 SqFt
$ 188,700
Est. payment | /mo
5 Beds
3 Baths
2,534 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,534 sqft
Price per Sqft $74
MLS Listing ID 20240058174
Style Other
Bedrooms 5
Full Baths 3
Originating Board Realcomp
Year Built 1927
Annual Tax Amount $1,689
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40.00 x 126.00
Property Description
LOCATED 8 MINUTES FROM THE HISTORIC EAST ENGLISH VILLAGE DISTRICT, YOU WILL FIND 18041 PELKEY NESTLED ON A 5,227 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOASTS A BRAND NEW ROOF TO ENSURE REPEAT DIVIDENDS FOR MANY YEARS TO COME. YOUR APARTMENT COMPLEX CONSISTS OF 3 RECENTLY REMODELED 3 BEDROOM AND 1 BED UNITS. EACH UNIT HAS BEEN UPGRADED AND 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 ONE WITH BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN RENTED WITH 3 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 3613 PAID IN FULL BY THE GOVERNMENT. TENANTS COVER ALL THE UTILITIES WITH ROI OF JUST UNDER 20 PERCNT. THE TAXES HAVE BEEN REDUCED TO ROUGHLY 75 PER MONTH. THIS DIAMOND WILL WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER. LET'S CLOSE!
Location
State MI
County Wayne
Area Wayne County - 100
Direction Pelkey / Greiner
Interior
Interior Features Home Warranty
Heating Hot Water
Exterior
Waterfront No
View Y/N No
Garage No
Building
Story 2
Architectural Style Other
Structure Type Brick
Others
Tax ID W21I030189S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by 1st Michigan Real Estate