$55,000
$55,000
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12614 Conner ST Detroit, MI 48205
2 Beds
2 Baths
2,538 SqFt
Key Details
Sold Price $55,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,538 sqft
Price per Sqft $21
Subdivision Drennan & Seldons Lasalle College Park No 1(Plats)
MLS Listing ID 219022635
Style Duplex
Bedrooms 2
Full Baths 2
Year Built 1966
Annual Tax Amount $776
Lot Size 4,791 Sqft
Property Description
Cash flowing investment property at a net return of 20.5% after overhead and management fees. Manage the property yourself at 23% ROI. Section 8/MSHDA certified, units are 100% occupied with long term tenants. HAP Contracts available upon request. Tenants pay all utilities. Low maintenance. Multiple offers in hand. Seller is calling for highest and best by Friday, March 29th at 5:00PM eastern standard time.
Location
State MI
County Wayne
Area Det 8 To Gratiot/Houston To 7
Zoning Multi-Family
Interior
Hot Water Natural Gas
Heating Forced Air, Hot Water
Exterior
Exterior Feature Private Entry
Waterfront no
Building
Foundation Slab
Sewer Sewer-Sanitary
Water Municipal Water
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $340
Acceptable Financing Cash
Listing Terms Cash
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Bought with City Management Group