5796 NEFF Avenue, Detroit, MI 48224 - MLS#20240060340

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Tj Francisco

tj@franciscoteam.com +1(586) 709-4949

$79,000

Est. payment - /mo

4 Beds

2 Baths

1,347 SqFt

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UPDATED:

11/01/2024 08:04 PM

Key Details

Property Type Single Family Home

Sub Type Bungalow

Listing Status Accepting Backup Offers

Purchase Type For Sale

Square Footage 1,347 sqft

Price per Sqft $58

Subdivision Neff Road Sub (Plats)

MLS Listing ID 20240060340

Style Bungalow

Bedrooms 4

Full Baths 2

HOA Y/N no

Originating Board Realcomp II Ltd

Year Built 1941

Annual Tax Amount $2,227

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 45.00 x 173.00

Property Description

Amazing investment opportunity! This property is an instant cashflow opportunity. Property is TENANT OCCUPIED with a Supportive Housing Society at $1350/month! The entire rent is paid by the organization. Similar to Section 8. Lease began July 2023. Professionally managed rental, tenant plans to stay. Don't miss out on this rare opportunity of guaranteed rental income in Detroit. Property being sold as is. All dimensions are estimated and should be verified. Pictures of home from BEFORE tenant moved in. 4 bedrooms, 2 full baths!! **Showings only with accepted offer. Property is tenant occupied, please respect their privacy.** Can be packaged with 5 other occupied rental properties - see MLS 20240060564, 20240060569, 20240060579, 20240060581, 20240061650

Location

State MI

County Wayne

Area Det Con-Mors/Grat. Hstn/7 Mack

Direction E of Cadieux, S of Chandler Park Dr

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Detached

Garage Description 1 Car

Waterfront no

Road Frontage Paved

Garage yes

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Bungalow

Warranty No

Level or Stories 1 1/2 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W21I076214S

Ownership Short Sale - No,Private Owned

Assessment Amount $240

Acceptable Financing Cash, Conventional, Warranty Deed

Listing Terms Cash, Conventional, Warranty Deed

Financing Cash,Conventional,Warranty Deed

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Listed by Bailee Clanton of Home Source Realty LLC

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Tj Francisco

+1(586) 709-4949

Agent | License ID: 6501360034

Agent License ID: 6501360034