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$ 135,000
Est. payment /mo
Price Dropped by $4K
13528 ARDMORE Street Detroit, MI 48227
2 Baths
4,356 Sqft Lot
UPDATED:
02/20/2025 03:01 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20250009635
Originating Board Realcomp
Year Built 1926
Annual Tax Amount $911
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 40.00 x 110.00
Property Description
MULTIPLE OFFERS RECEIVED, HIGHEST AND BEST IS DUE BY FRIDAY AT 5PM. LOCATED 6 MINUTES FROM THE HISTORIC ROSEDALE YOU WILL FIND 13528 ARDMORE NESTLED ON A HUGE 4,410 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF AND CONSISTS OF 2 RECENTLY REMODELED UNITS . SHE HAS BEEN CAREFULLY UPGRADED AND HAS A NEWLY INSTALLED FURNACES AND HOT WATER TANKS. IN ADDITION SHE HAS NEWER PLUMBING AND BRAND NEW ELECTRICAL TO INSURE MAINTENANCE FREE CASH FLOW. THIS SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. SHE HAS JUST BEEN LEASED FOR 2 YEARS WITH SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $2297 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 % THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. 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 Ardmore & Grand
Interior
Heating Wall Furnace
Exterior
View Y/N No
Building
Structure Type Vinyl Siding
Schools
School District Detroit
Others
Tax ID W22I034509S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Downtown Realty