Detroit, MI 48205,15871 FAIRMOUNT Drive

$30,000

Est. payment /mo

$34,999

14.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

15871 FAIRMOUNT Drive Detroit, MI 48205

2 Beds

1 Bath

719 SqFt

SOLD DATE : 02/07/2023

Key Details

Sold Price $30,000

Property Type Single Family Home

Sub Type Bungalow

Listing Status Sold

Purchase Type For Sale

Square Footage 719 sqft

Price per Sqft $41

Subdivision Colonial Park Sub (Plats)

MLS Listing ID 20221068662

Style Bungalow

Bedrooms 2

Full Baths 1

Year Built 1930

Annual Tax Amount $687

Lot Size 4,791 Sqft

Property Description

Check out this amazing investment opportunity at a 2% return on your investment per month. A total of a 24% percent return throughout the year! Current tenants are renting month to month and are paying $700 per month. Tenants would like to stay; lease is to be transferred over to the new landlord.

Location

State MI

County Wayne

Area Det 8 To Gratiot/Houston To 7

Interior

Heating Hot Water

Exterior

Garage Description No Garage

Building

Foundation Crawl

Sewer Sewer at Street

Water Water at Street

Structure Type Vinyl

Schools

School District Detroit

Others

Assessment Amount $240

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Realcomp MLS
Listed by Ali Sobh of EXP Realty LLC
Bought with Detroit Investment Company
agent

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.