$83,000 for Sale
19229 pelkey street, detroit, MI 48205
Beds 4 | Baths 1 | 1,165 Sqft | 0.13 Acres |
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Property Description
This 4-bedroom, 1-bath brick home with a 2-car garage is the perfect addition to your investment portfolio. Currently tenant-occupied with a Section 8 tenant paying $1,500 per month, this property offers a strong cash flow and an impressive 14.8% cap rate. Enjoy easy access to local amenities and major roadways, making this property not only a solid investment but also a convenient location for tenants. Don’t miss out on this cash-flowing opportunity to expand your real estate holdings!
General Information
Sale Price: $83,000
Price/SqFt: $71
Status: Active
MLS#: rcomi20240069253
Originating MLS: RealComp2
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: vandammes sub (plats)
Acres: 0.13
Lot Dimensions: 47 x 120
Bedrooms:4
Bathrooms:1 (1 full, 0 half)
House Size: 1,165 sq.ft.
Acreage: 0.13 est.
Year Built: 1946
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: 2 Car
Garage Description: Detached
Construction: Brick
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $1,719
Est. Winter Taxes: $181
Legal Description: W PELKEY 72 VANDAMMES SUB L43 P50 PLATS, W C R 21/638 47 X 120.08A
IDX provided courtesy of Realcomp II Ltd. via Crown Real Estate Group and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders
Listing By: Shane Parker of S&P Realty, Phone: (734) 333-7219