$77,000
$78,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
14465 MADDELEIN Street Detroit, MI 48205
2 Beds
2 Baths
1,258 SqFt
Key Details
Sold Price $77,000
Property Type Multi-Family
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,258 sqft
Price per Sqft $61
Subdivision Gratiot American Park
MLS Listing ID 20240053764
Style Colonial
Bedrooms 2
Full Baths 2
Year Built 1953
Annual Tax Amount $1,337
Lot Size 4,356 Sqft
Property Description
This high-yielding investment opportunity in Detroit awaits you! This duplex is occupied with a long term tenant downstairs, and new tenant signed upstairs for monthly rent income of $1,475. Investment yield 17.5%. Tenants pay gas and electric (separate meters), landlord pays water. Garage for 2 cars, property is well maintained. Favorable price for the portfolio of 7 homes: 14570 Lappin, 14988 Lappin, 14258 Lappin, 14534 Lappin, 14845 Maddelein, 14465 Maddelein, and 15030 Rossini - contact Agent for details. ** Tenant-occupied homes please do not approach the properties or disturb tenants. Viewing/inspection upon signed LOI.
Location
State MI
County Wayne
Area Det 8 To Gratiot/Houston To 7
Zoning Multi-Family
Interior
Heating Forced Air
Exterior
Garage Spaces 2.0
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $240
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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