$110,000
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14101 Saratoga Avenue Detroit, MI 48205
3,920 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Detroit City
MLS Listing ID 24002319
Sold Date 04/30/24
Year Built 1971
Annual Tax Amount $836
Tax Year 2023
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 36 x 103
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
Welcome to an excellent investment property tailored for first-time investors in the vibrant city of Detroit. This property not only promises a solid return on investment but also offers a unique opportunity for owner-occupation with a guaranteed income stream. Live in one unit and collect rent from second unit, or rent out the unit and get double income! Downstairs Unit Currently occupied by a Section 8 tenant paying $980/month, providing a guaranteed and consistent income stream. This government-backed program ensures reliable payments and minimizes the risk associated with vacancies.
Location
State MI
County Wayne
Area Wayne County - 100
Direction 7 mile and Gratiot ave
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Fireplaces Number 1
Exterior
Utilities Available Public Water Available, Public Sewer Available, Electric Available, Natural Gas Connected, Electric Connected
View Y/N No
Total Parking Spaces 2
Building
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
School District Detroit
Others
Tax ID 21019163.
Acceptable Financing FHA, Cash, Conventional
Listing Terms FHA, Cash, Conventional
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