MI > Detroit > Schoolcraft Sub 3
Detroit, MI 48227 2573,13918 Terry Street
Detroit, MI 48227 2573,13918 Terry Street
Detroit, MI 48227 2573,13918 Terry Street
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$125,000
Est. payment /mo
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3 Beds
2 Baths
1,482 SqFt
New

13918 Terry Street Detroit, MI 48227 2573

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Julian Parson

Julian Parson

+1(517) 928-6630

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Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,482 sqft

Price per Sqft $84

Subdivision Schoolcraft Sub 3

MLS Listing ID 60958213

Style 1 1/2 Story

Bedrooms 3

Full Baths 2

Abv Grd Liv Area 1,482

Year Built 1925

Annual Tax Amount $963

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40X120

Property Sub-Type Single Family

Property Description

Excellent turnkey investment opportunity in Detroit! 13918 Terry St is fully renovated and occupied with a new and vetted tenant paying $1,500 per month. Offered at only $125,000, this property delivers an outstanding 14.4% cap rate from day one. Complete renovation includes new paint, windows, electrical, plumbing, furnace, water heater, kitchen and baths. Do not forget the rare and massive 3 car garage in the oversized backyard. Valid City of Detroit Certificate of Occupancy and Certificate of Compliance on file; property meets all rental standards and is Section 8 eligible. Current tenant is on a market-rate lease; full documentation, lead clearance, and tenant info available upon request. Ideal for hands-off or out-of-state investors seeking immediate cash flow in a strong rental submarket. Do not miss this rare combination of condition, occupancy, and return. Priced for quick sale. BATVAI

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Partially Finished

Interior

Heating Forced Air

Exterior

Parking Features Detached Garage

Garage Spaces 3.0

Garage Yes

Building

Story 1 1/2 Story

Foundation Basement

Water Public Water

Architectural Style Bungalow

Structure Type Brick,Vinyl Siding

Schools

School District Detroit City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Century 21 Curran & Oberski

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Julian Parson

Julian Parson

Agent | License ID: 6501455048

+1(517) 928-6630

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13918 Terry Street