17129 WESTPHALIA Street Active

Detroit,MI 48205

$ 290000

- Bed

5 Baths

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20240067092

Originating Board Realcomp

Year Built 1928

Annual Tax Amount $821

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 25.00 x 215.00

Property Description

Located 8 minutes from the infamous East English Village District, you will find 17129 Westphalia nestled on a 5,357 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 5 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. 3 of the 5 units are leased to section 8 tenants and the monthly dividends are 3,007 all paid by section 8. The tenants pay all utilities, which allows this complex to maintain a near 29 print cash on cash return. 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

Zoning Multi-Family

Direction Westphalia & Mchnicholas

Interior

Heating Hot Water

Exterior

View Y/N No

Building

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W21I031967S

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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