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$ 150,000
Est. payment /mo
New
18551 PATTON Street Detroit, MI 48219
3 Beds
1 Bath
800 SqFt
UPDATED:
01/14/2025 11:04 AM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 800 sqft
Price per Sqft $187
MLS Listing ID 20250002808
Bedrooms 3
Full Baths 1
Originating Board Realcomp
Year Built 1947
Annual Tax Amount $768
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 39.00 x 109.00
Property Description
LOCATED 6 MINUTES FROM THE HISTORIC ROSEDALE PARK DISTRICT YOU WILL FIND 18551 PATTON NESTLED ON A HUGE 4,356 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF AND HAS BEEN RECENTLY REMODELED. SHE HAS BEEN CAREFULLY UPGRADED AND HAS A NEWLY INSTALLED FURNACE AND HOT WATER . 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 $1768 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
Direction Patton & Clarita
Interior
Heating Hot Water
Exterior
Parking Features Detached
Garage Spaces 1.0
View Y/N No
Garage Yes
Building
Story 1
Structure Type Vinyl Siding
Schools
School District Detroit
Others
Tax ID W22I104341S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by 1st Michigan Real Estate