$65,500
$66,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
11114 LAKEPOINTE Street Detroit, MI 48224
3 Beds
1.5 Baths
1,068 SqFt
Key Details
Sold Price $65,500
Property Type Single Family Home
Sub Type Bungalow
Listing Status Sold
Purchase Type For Sale
Square Footage 1,068 sqft
Price per Sqft $61
Subdivision King Heights Sub (Plats)
MLS Listing ID 20230013778
Style Bungalow
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1950
Annual Tax Amount $1,272
Lot Size 4,356 Sqft
Property Description
True turnkey rental earning 12% ROI. Tenant loves the house and takes extraordinary care of it since she moved in in 2017. Rent is $900/mo. Insurance is around $700/year with the carrier we use. Property management is typically $100/month. 2022 taxes were $1,164. The house is in excellent shape. Just look at the photos that this A+ tenant took. Total renovation in 2009. Further updates in 2017 included fresh paint, new carpet in bedrooms, new kitchen and dining room vinyl, and new furnace and hot water heater. New roof in 2018. Charming 3 bedroom brick bungalow with half bath in basement. This house also has the rare Certificate of Compliance with the city. Buy it and immediately start earning cash flow.
Location
State MI
County Wayne
Area Det Con-Mors/Grat. Hstn/7 Mack
Rooms
Kitchen None (Appliances)
Interior
Hot Water Natural Gas
Heating Forced Air
Laundry 1
Exterior
Exterior Feature Awning/Overhang(s), Fenced
Parking Features Detached
Garage Description 1 Car
Fence Fenced
Roof Type Asphalt
Building
Lot Description Level
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Structure Type Brick
Schools
School District Detroit
Others
Acceptable Financing Cash, Conventional, Warranty Deed
Listing Terms Cash, Conventional, Warranty Deed
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Bought with General Home Realty Corp