12614 Conner Street

    Detroit, MI 48205
    • $55,000
    • STATUS: Active
    • ON SITE: 29 days
    • MLS #: 219022635
    UPDATED: 41 min ago
    $55,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 2,538
      SQFT
    • $22
      $/SQFT
    Type:
    Multi-Family
    Built:
    1966
    County:
    Zoning: Multi-Family
    Lot Size Dimensions: 40.00X124.00

    School Ratings & Info

    School District:

    Description

    Cash flowing investment property at a net return of 20.5% after overhead and management fees. Manage the property yourself at 23% ROI. Section 8/MSHDA certified, units are 100% occupied with long term tenants. HAP Contracts available upon request. Tenants pay all utilities. Low maintenance. Multiple offers in hand. Seller is calling for highest and best by Friday, March 29th at 5:00PM eastern standard time.

    Monthly Payment Calculator

    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Toth Team - Keller Williams Ann Arbor Market Center are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-04-24T17:00:21.327.
    www.homesearchannarbor.com/homes/93019625

    12614 Conner Street Detroit, MI 48205

    • Price: $55,000
    • Status: Active
    • Updated: 41 min ago
    • MLS #: 219022635
    0
    Beds
    2
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,538
    SQFT
    $22
    $/SQFT
    1966
    Built
    Neighborhood:
    Drennan & Seldons Lasalle College Park No 1(Plats)
    County:
    Wayne
    Area:
    Det 8 To Gratiot/Houston To 7
    School District:
    DETROIT
    Property Description
    Cash flowing investment property at a net return of 20.5% after overhead and management fees. Manage the property yourself at 23% ROI. Section 8/MSHDA certified, units are 100% occupied with long term tenants. HAP Contracts available upon request. Tenants pay all utilities. Low maintenance. Multiple offers in hand. Seller is calling for highest and best by Friday, March 29th at 5:00PM eastern standard time.
    Exterior Features

    Architecture Level 1 1/2 Story Architecture Style Duplex Construction Materials Brick Exterior Features Private Entry Foundation Details Slab Foundation Materials Poured Lot Size Dimensions 40.00X124.00 Multifamily Parking Assigned SpacesPaved Pool YN No Road Frontage Feet 40 Road Frontage Type PavedPub. Sidewalk Waterfront YN No

    Interior Features

    Basement YN No Baths Total 2.00 Heating Forced AirHot Water Heating Fuel Natural Gas Room Count 0 Sq Ft Combined 2538 Sq Ft Source Prd Unit Efficiency Number Of 0 Unit One Bed Number Of 2 Unit Three Bed Number Of 0 Unit Two Bed Number Of 0 Water Heater Fuel Natural Gas

    Property Features

    Assessment 340 Encroachment YN No Exclusions YN No Gross Scheduled Income 15036.00 Income Projection Actual Land Contract YN No Legal Rental Certified YN Yes Listing Financing Cash Monthly Rental Income 1253 Net Operating Income 14036.00 Number Of Units Leased 2 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Postal City Detroit Protection Period 180 Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 729.0000 Tax Amount Winter 47.0000 Title Private - Owned Total Tax 776.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 12614 Conner St Water Source Municipal Water Zoning Multi-Family

    IDX provided courtesy of Realcomp II Ltd., via Kw Domain and Realcomp, ©2019 Realcomp II Ltd. Shareholders.
    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Toth Team - Keller Williams Ann Arbor Market Center are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-04-24T17:00:21.327.
     
    The Toth Team - Keller Williams Ann Arbor Market Center
    2144 S State St
    Ann Arbor MI, 48104