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$ 135,000
Est. payment /mo
New
5950 SEMINOLE Street Detroit, MI 48213
4 Beds
1 Bath
1,424 SqFt
UPDATED:
12/02/2024 05:47 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,424 sqft
Price per Sqft $94
MLS Listing ID 20240089318
Bedrooms 4
Full Baths 1
Originating Board Realcomp
Year Built 1910
Annual Tax Amount $526
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 30.00 x 110.00
Property Description
LOCATED 6 MINUTES FROM THE HISTORIC INDIAN VILLAGE AND WEST VILLAGE, YOU WILL FIND 5950 SEMINOLE NESTLED ON A 3,310 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF AND CONSISTS OF 4 RECENTLY REMODELED BED ROOMS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS A NEWLY INSTALLED 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 A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1,565 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANT PAYS 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
Direction Lambert & Seminole
Interior
Heating Hot Water
Exterior
View Y/N No
Garage No
Building
Story 2
Sewer Public
Structure Type Concrete
Others
Tax ID W17I007817S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by 1st Michigan Real Estate