13430 PROMENADE Street Pending Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48213
Key Details
Property Type Single Family Home
Sub Type Bungalow
Listing Status Pending
Purchase Type For Sale
Square Footage 1,324 sqft
Price per Sqft $67
Subdivision Stevens Estate Sub No 2 (P Lats)
MLS Listing ID 20240084438
Style Bungalow
Bedrooms 4
Full Baths 1
Half Baths 1
HOA Y/N no
Originating Board Realcomp II Ltd
Year Built 1940
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 37.00 x 147.00
Property Description
Are you looking to “Make money while you sleep”? It looks like you can with this SECTION EIGHT **TURNKEY** Cash flow property! New 12 month government paid lease signed July 2024 Section 8 Tenant Government Paying Fourteen Hundred and Fifty USD Brick Cape Cod style Home 4 bedrooms, 1.5 baths Full basement Property has already been fully updated! Only Ninety Thousand Instant income- 2 Generous bedrooms on first floor, 2 even larger bedrooms upstairs- primary bedroom upstairs has a walk-in closet. All bedrooms have ceiling fans. Some locals may not realize what we truly have here until it's too late… Location - location - location! 5 minutes from Colman A. Young International Airport, 5 Minutes to I94 highway, only 15 min to downtown Detroit,12 minutes from the Detroit Medical Center (DMC - 8 General & Specialty Hospitals) close to restaurants, gas stations, shopping and public transit. Blocks from schools, parks, entertainment & more. There are very few 4 bedroom, up and running, cash flowing all brick properties that have been updated for under One Hundred Thousand USD so take it from Warren Buffett, “If you don't find a way to make money while you sleep, you will work until you die." It looks like you found a way. If so, make an offer today! Please do not disturb tenants.
Location
State MI
County Wayne
Area Det Con-Mors/Grat. Hstn/7 Mack
Direction Take E. Outer Drive turn South to Newport turn west to Prominade
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Description No Garage
Waterfront no
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Bungalow
Warranty No
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I008772S
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash,Conv. Blend Rt,Conventional,FHA
Listing Terms Cash,Conv. Blend Rt,Conventional,FHA
Financing Cash,Conv. Blend Rt,Conventional,FHA