5950 SEMINOLE Street new

Detroit,MI 48213

$ 135000

4 Beds

1 Bath

1424 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,424 sqft

Price per Sqft $94

MLS Listing ID 20240089318

Bedrooms 4

Full Baths 1

Originating Board Realcomp

Year Built 1910

Annual Tax Amount $526

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 30.00 x 110.00

Property Description

LOCATED 6 MINUTES FROM THE HISTORIC INDIAN VILLAGE AND WEST VILLAGE, YOU WILL FIND 5950 SEMINOLE NESTLED ON A 3,310 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF AND CONSISTS OF 4 RECENTLY REMODELED BED ROOMS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS A NEWLY INSTALLED HOT WATER TANKS. IN ADDITION SHE HAS NEWER PLUMBING AND BRAND NEW ELECTRICAL TO INSURE MAINTENANCE FREE CASH FLOW. THIS SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. SHE HAS JUST BEEN LEASED FOR 2 YEARS WITH A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1,565 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANT 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 WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Location

State MI

County Wayne

Area Wayne County - 100

Direction Lambert & Seminole

Interior

Heating Hot Water

Exterior

View Y/N No

Garage No

Building

Story 2

Sewer Public

Structure Type Concrete

Others

Tax ID W17I007817S

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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