$155,000
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3990 BEACONSFIELD ST Detroit, MI 48224
2,039 SqFt
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Sold
Purchase Type For Sale
Square Footage 2,039 sqft
Price per Sqft $80
Subdivision Moore & Moestas (Plats)
MLS Listing ID 20250022960
Year Built 1927
Property Sub-Type RealEstateOnly
Property Description
LOCATED 7 MINUTES FROM THE INFAMOUS CITY OF GROSSE POINTE AND JEFFERSON/CHALMERS, YOU WILL FIND 3990 BEACONSFIELD NESTLED ON A HUGE 4,356 SQUARE FOOT LOT IN THE QUIET "MORNINGSIDE" NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A BRAND NEW 40 YEAR TEAR OFF ROOF TOWERING OVER TWO SPACIOUS 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND 2 HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS NEWER ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1413 AND $1277 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING TOTAL OF $2690. THESE TENANTS PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Location
State MI
County Wayne
Area Area05055Detconmorsgrathstn7Mack
Interior
Heating NaturalGas
Exterior
Parking Features TwoCarGarage
Garage Spaces 2.0
View Y/N No
Building
Sewer SewerAtStreet
Water WateratStreet
Schools
School District Detroit
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Bought with Downtown Realty


