27
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$72,400
Est. payment /mo
3 Beds
2 Baths
1,219 SqFt
Active
9304 Otsego Street Detroit, MI 48204
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,219 sqft
Price per Sqft $59
MLS Listing ID 20261005000
Bedrooms 3
Full Baths 2
Year Built 1916
Annual Tax Amount $715
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 30X124.47
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
LOCATED 6 MINUTES FROM HISTORIC BOSTON EDISON DISTRICT YOU WILL FIND 9304 OTSEGO NESTLED ON A 3,920 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A BRAND NEW 40 YEAR TEAR OFF ROOF PROTECTING A SPACIOUS 3 BEDROOM UNIT. EVERY WINDOW IN THIS COMPOUND HADS BEEN REPLACED WITH VINYL CLAD INSULATED WINDOWS. SHE ALSO HAS BEEN CAREFULLY UPGRADED WITH NEWLY INSTALLED FURNACE AND NEW HOT WATER TANKS. IN ADDITION, THIS GEM SHOWCASES ALL NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 YEAR SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1,419 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO JUST UNDER $100 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Location
State MI
County Wayne
Area Wayne County - 100
Direction GRAND RIVER AVE TO LIVERNOIS AVE, SOUTH ON LIVERNOIS AVE TO OTSEGO ST, EAST ON OTSEGO ST TO PROPERTY.
Interior
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 1
Sewer Public
Water Public
Structure Type Aluminum Siding
Schools
School District Detroit
Others
Tax ID W14I007151S
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Listed by KW Domain
NEARBY SCHOOL & BUSINESS
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