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$110,000

Est. payment - /mo

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3 Beds

1 Bath

1,500 SqFt

New

10761 Haverhill Street Detroit, MI 48224

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Chris Buckely

CBy3D INC

chrisb@cby3d.com +1(312) 313-5553

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $73

MLS Listing ID 20251011049

Bedrooms 3

Full Baths 1

Year Built 1938

Annual Tax Amount $1,653

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40X125

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

LOCATED 8 MINUTES FROM THE INFAMOUS EAST ENGLISH VILLAGE DISTRICT, YOU WILL FIND 18037 PELKEY NESTLED ON A 5,364 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOASTS A BRAND NEW ROOF TO ENSURE REPEAT DIVIDENDS FOR MANY YEARS TO COME. YOUR APARTMENT COMPLEX CONSISTS OF 10 RECENTLY REMODELED 1 BED ROOM UNITS. EACH UNIT HAS BEEN UPGRADED AND HAS ENTIRELY BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. FURTHERMORE THE ENTIRE COMPLEX HAS NEW ELECTRICAL AND PLUMBING FROM TOP TO BOTTOM. EACH SPACIOUS UNIT HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. 10 OF THE 10 UNITS ARE LEASED TO SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS ARE JUST UNDER $10,000 PER MONTH. THE TENANTS PAY ALL UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN A NEAR 20% CASH ON CASH RETURN. PROPERTY 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 South of Whittier Ave, East of Kelly Rd

Rooms

Basement Partial

Interior

Interior Features Basement Partially Finished

Heating Forced Air

Appliance Refrigerator, Oven

Interior Property Features Basement Partially Finished

Exterior

Parking Features Detached

Garage Spaces 1.0

View Y/N No

Garage Yes

Building

Story 2

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID 21070159

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Brookstone, Realtors LLC

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Chris Buckely

IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311

+1(312) 313-5553

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10761 Haverhill Street Detroit, MI 48224

Chris Buckely

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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10761 Haverhill Street