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3509 CONCORD Street Detroit, MI 48207
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Key Details
Sold Price $191,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 2,706 sqft
Price per Sqft $70
Subdivision Mc Leods Sub Of N Part Of Lot 7
MLS Listing ID 20230052797
Style Other
Bedrooms 4
Full Baths 4
Year Built 1916
Annual Tax Amount $1,014
Lot Size 4,356 Sqft
Property Description
MULTIPLE OFFER SITUATION. HIGHEST AND BEST BY MONDAY AT NOON. REDEVELOPMENT OPPORTUNITY! LOCATED 4 MINUTES FROM INFAMOUS INDIAN VILLAGE YOU WILL FIND 3509 CONCORD NESTLED ON A 4,312 SQUARE FOOT LOT IN THE QUIET "ISLANDVIEW" NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST FOUR 2 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 4 NEWLY INSTALLED FURNACE AND HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS NEWER ELECTRICAL AND COPPER PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1166 and $1295 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING TOTAL OF $2461 PER MONTH. TENANTS PAYS ALL UTILITIES TO GUARANTEE AN ENORMOUS CASH ON CASH RETURN. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Location
State MI
County Wayne
Area Det Woodward-Mcclellan/So Mack
Zoning Multi-Family
Interior
Heating Hot Water
Building
Foundation Basement
Sewer Sewer at Street
Water Water at Street
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $340
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Clyde Realty LLC