7508 Asbury Park
Detroit,
MI
48228
Property Details
List Price: |
$63,000 |
Beds: |
3 |
Baths: |
1 |
Status: |
Pending |
SqFt: |
904 |
Agency: |
Tradewinds Development Group, LLC |
Description/Comments
Lot Size: |
-- |
Property Type: |
Residential |
Year Built: |
1943 |
Notes: |
This could be your home or the next cash-cow in your portfolio current rent $800 a month and that is WAY below market value/average, great opportunity to increase rent and cashflow, current lease is month to month, tenant is current! Cute as a button 3 bedroom 1 bath Bungalow with covered porch on a partially finished basement. 2 car detached garage in a fenced yard with back patio. This home is just waiting for your updates. Cash or Conv. Home sold as is and buyer to pay any back water and taxes. Close to grocery, shopping, and major freeways that will have you in the suburbs or downtown in minutes. Please do not disturb tenants this property is occupied. Due to COVID protocol there will be no showings on tenant occupied property without an accepted offer. All information to be confirmed by the buyer and/or their agent(s) Almost 14% gross cash on cash return & beats the 1% rule! (1.14) |
MlsNumber: |
2220022659 |
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Listing Provided By: |
Tradewinds Development Group, LLC, original listing |
Name: |
Tradewinds Development Group, LLC |
Phone: |
(248) 805-1187 |
Office Name: |
Tradewinds Development Group, LLC |
Office Phone: |
(248) 209-6755 |
Agent Name: |
Scott D MacDonald |
Disclaimer: |
Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |