Kathy FlemingReed City Realty, REALTOR®,

231-388-2454

9200 King Richard Street, Detroit, MI 48224

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$135,000
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  • Bedrooms 4
  • Bathrooms 1.5
  • SQ. FT. 1310
  • Schools Detroit
  • County Wayne
  • Township Detroit City
  • Above Grade Sq. Ft. 1310
  • Below Grade Sq. Ft.  
  • Bedrooms 4
  • Bathrooms 1 (F) 1 (H)
  • Basement Full
  • Garage  
  • Acreage 0.13
  • Heat Type None
  • Central Air  
  • Year Built 1928
  • Style  
  • Exterior  
  • Taxes 2809
  • SEV 28900
  • Zoning  
  • Parcel 21068451.
  • Lot Size 60X92

Features

I've got a move-in ready opportunity in a strong rental and resale pocket of Detroit that your cash buyer will love:

3 Beds | 1.5 Bath | 1,310 Sq Ft | Built 1928
Newly Renovated Ready to Close
Asking Price: $135,000

Why this is a winner:

Strong rental comps & resale demand in the area

Fully renovated = no rehab headaches

Great ROI potential for investors or a turnkey addition to their portfolio

If you have a serious cash buyer, this is the one to put in front of them today. Properties like this don't sit long. ( ACT FAST ( Hot deal in a strong rental and resale area. This won't last!
=Í Address: 9200 King Richard St, Detroit, MI 48224
<á Property Type: Fully Renovated Brick Single Family Home
=Å Year Built: 1928
=Ë Beds/Baths: 3 Bed / 1 Bath
=Ï Sq Ft: 1,310 sq ft
<? Lot Size: 5,663 sq ft
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=Ê INVESTMENT HIGHLIGHTS
" Turnkey Condition  Recently fully renovated inside and out
Here's your breakdown for a $135,000 FHA loan at 7% interest, with $2,763 yearly taxes and $1,200 yearly insurance:
" Principal & Interest (PI): $866.72/month
" Taxes: $230.25/month
" Insurance: $100.00/month
" Total PITI: $1,200/month
________________________________________
=¸ PRICING
" =€ Asking Price: $135,000
" Buyer pays all closing costs
" Clean title, ready to close
________________________________________
= ACCESS & TERMS
" Property is vacant & secured
" Lockbox access available upon request
________________________________________
=Þ CONTACT
Jorge Cortes
Phone: 786-290-3795 Email: jctrealestateinvestments@gmail.com

Listing Courtesy of Terry Thomas - Front Page Properties

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