7541 ARCHDALE Street

  • $69,900
7541 ARCHDALE Street, Detroit, MI 48228
Sold
7541 ARCHDALE Street, Detroit, MI 48228
  • $69,900

Overview

Property ID: 20240085912
  • Single Family Home
  • Property Type
  • 3
  • Bedrooms
  • 1
  • Bathroom
  • 914
  • Sq Ft
  • 1959
  • Year Built

Description

Tremendous turn-key investment opportunity in desirable Warrendale subdivision. 3BR Ranch with hardwood floors in excellent condition. Tenant is long-term at $800/mo with six strong years of occupancy. This is a perfect home for new or out of state investors who want easy, passive income! Current CAP Rate is 13% and with a rent increase to the standard $1K per month, CAP soars to 17%. This is a winner! Priced to sell – won’t last! Please do not disturb tenant. Qualified buyers only.

Details

  • Property ID: 20240085912
  • Price: $69,900
  • Property Size: 914 Sq Ft
  • Land Area: 0.11 Acres
  • Bedrooms: 3
  • Bathroom: 1
  • Year Built: 1959
  • Property Type: Single Family Home
  • Property Status: Sold
Updated on December 2, 2024 at 9:08 pm
Listing Office : Century 21 Curran & Oberski
Listing Member : Craig Covert
  • Address 7541 ARCHDALE Street
  • Zip/Postal Code 48228

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