$158,990
5378 VANCOUVER Street Detroit, MI 48204
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$158,990
Est. payment /mo
2 Baths
3,920 Sqft Lot
UPDATED:
10/26/2024 12:35 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240038443
Originating Board Realcomp
Year Built 1916
Annual Tax Amount $973
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 30.00 x 137.00
Property Description
LOCATED 8 MINUTES FROM NEW CENTER YOU WILL FIND 5378 VANCOUVER STREET NESTLED ON A 4,110 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST TWO 2 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEW FURNACES. IN ADDITION, THIS HOME DISPLAYS BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. MOREOVER SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. NO EXPENSE HAS BEEN SPARED. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS WITH MONTHLY DIVIDENDS OF $2428. THIS INVESTMENT PAYS A RETURN OF JUST UNDER 15%. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction Vancouver & Northfield
Interior
Heating Hot Water
Exterior
Waterfront No
View Y/N No
Building
Structure Type Brick
Others
Tax ID W16I002860S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by 1st Michigan Real Estate
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Maria Reyes
Co-Owner/Realtor® | License ID: 6501350194
Co-Owner/Realtor® License ID: 6501350194