9200 King Richard Street new

Detroit,MI 48224

$ 135000

4 Beds

1.5 Baths

1310 SqFt


Key Details

Property Type Single Family Home

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

Square Footage 1,310 sqft

Price per Sqft $103

MLS Listing ID 81025041337

Style Ranch

Bedrooms 4

Full Baths 1

Half Baths 1

HOA Y/N no

Year Built 1928

Annual Tax Amount $2,809

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 60X92

Property Sub-Type Ranch

Source Greater Metropolitan Association of REALTORS®

Property Description

I've got a move-in ready opportunity in a strong rental and resale pocket of Detroit that your cash buyer will love:3 Beds \ 1.5 Bath \ 1,310 Sq Ft \ Built 1928Newly Renovated Ready to CloseAsking Price: $135,000Why this is a winner:Strong rental comps & resale demand in the areaFully renovated = no rehab headachesGreat ROI potential for investors or a turnkey addition to their portfolioIf you have a serious cash buyer, this is the one to put in front of them today. Properties like this don't sit long.( ACT FAST ( Hot deal in a strong rental and resale area. This won't last!
=?? Address: 9200 King Richard St, Detroit, MI 48224
=?? Year Built: 1928
=?? Beds/Baths: 3 Bed / 1 Bath
=?? Sq Ft: 1,310 sq ft
________________________________________
=?? INVESTMENT HIGHLIGHTS
" Turnkey Condition Recently fully renovated inside and out
Here's your breakdown for a $135,000 FHA loan at 7% interest, with $2,763 yearly taxes and $1,200 yearly insurance:
" Principal & Interest (PI): $866.72/month
" Taxes: $230.25/month
" Insurance: $100.00/month
" Total PITI: $1,200/month
________________________________________
=?? PRICING
" =??? Asking Price: $135,000
" Buyer pays all closing costs
" Clean title, ready to close
________________________________________
= ACCESS & TERMS
" Property is vacant & secured
" Lockbox access available upon request
________________________________________
=?? CONTACT
Jorge Cortes
Phone: 786-290-3795 Email: jctrealestateinvestments@gmail.com

Location

State MI

County Wayne

Area Det Con-Mors/Grat. Hstn/7 Mack

Interior

Interior Features Laundry Facility

Heating No Heat

Fireplace no

Heat Source Electric,Natural Gas

Laundry 1

Exterior

Parking Features Side Entrance,Detached

Garage yes

Private Pool No

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Ranch

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID 21068451

Ownership Private Owned

Acceptable Financing Cash,FHA,VA

Listing Terms Cash,FHA,VA

Financing Cash,FHA,VA

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