$197,000 for Sale
1200 lenox, detroit, MI 48215
| Beds 6 | Baths 2 | 2,473 Sqft | 0.09 Acres |
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Property Description
LOCATED 3 MINUTES FROM HISTORIC JEFFERSON CHALMERS AND 6 MINUTES FROM GROSSE POINTE, YOU WILL FIND 1200 LENOX NESTLED ON A 3,789 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST TWO 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS BRAND NEW WINDOWS AND HAS NEW ELECTRICAL + PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 3250. THESE TENANTS COVERS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 PER. THE TAXES HAVE BEEN REDUCED TO ROUGHLY 196 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
General Information
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: jefferson & mack ave sub (plats)
Acres: 0.09
Lot Dim: 35.00 x 109.00
Bedrooms:6
Bathrooms:2 (2 full, 0 half)
House Size: 2,473 sq.ft.
Acreage: 0.09 est.
Year Built: 1922
Property Type: Single Family
Style: Other
Features & Room Sizes
Bedroom 1: 8x10
Bedroom 2 : 9x9
Bedroom 3: 10x10
Bedroom 4: 10x10
Paved Road: Paved Street
Garage: No Garage
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Wall Heat
Fuel: Natural Gas
Waste: Public At Street
Watersource: Public Water at Street
Tax, Fees & Legal
Est. Summer Taxes: $2,034
Est. Winter Taxes: $207
HOA fees:
Information provided by East Central Association of REALTORS
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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Marta Kopania of 1st Michigan Real Estate
