$250,000 for Sale

2213 hazelwood avenue, detroit, MI 48206

Property Description
LOOK AT COMPS 2283 TAYLOR, 8904 LASALLE SOLD 350, 400K SAME SUBDIVISION. LOCATED 90 SECONDS, YES 90 SECONDS FROM HISTORIC BOSTON EDISON DISTRICT YOU WILL FIND 2213 HAZELWOOD NESTLED ON A 4,312 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A MASSIVE BRAND NEW 40 YEAR TEAR OFF ROOF TOWERING OVER 6 SPACIOUS BEDROOMS . SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND HOT WATER TANK. IN ADDITION, THIS HOME DISPLAYS NEWER ELECTRICAL AND FRESHLY INSTALLED PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $2590 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING ROI. THESE TENANTS PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE 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 OFFER.
General Information
Sale Price: $250,000
Price/SqFt: $265
Status: Active
MLS#: rcomi20240071119
Originating MLS: Realcomp2
City: detroit
Post Office: detroit
Schools: saginaw city
County: Wayne
Acres: 0.15
Lot Dimensions: 50.00 x 128.00
Size: 942 sq.ft.
Acreage: 0.15 est.
Year Built: 1960
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $626
Est. Winter Taxes:  $113


IDX provided courtesy of Realcomp II Ltd. via Crown Real Estate Group and Realcomp II Ltd., ©2024 Realcomp II Ltd. Shareholders Listing By: Marta Kopania of 1st Michigan Real Estate, Phone:
(231) 343-9695 Call Lyly Nguyen for more information about this property.

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Lyly Nguyen
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(231) 343-9695

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