9200, King Richard, Detroit, MI, 48224
- 4 beds
- 2 baths
- 1310 sq ft
Basics
- Date added: Added 19 hours ago
- Category: Residential
- Type: Single Family Residence
- Status: Active
- Bedrooms: 4
- Bathrooms: 2
- Area: 1310 sq ft
- Lot size: 0.13 sq ft
- Year built: 1928
- Bathrooms Full: 1
- Lot Size Acres: 0.13 acres
- Rooms Total: 7
- County: Wayne
- Bathrooms Half: 1
- MLS ID: 25041337
Description
-
Description:
I've got a move-in ready opportunity in a strong rental and resale pocket of Detroit that your cash buyer will love:
3 Beds | 1.5 Bath | 1,310 Sq Ft | Built 1928
Newly Renovated Ready to Close
Asking Price: $135,000Why this is a winner:
Strong rental comps & resale demand in the area
Fully renovated = no rehab headaches
Great ROI potential for investors or a turnkey addition to their portfolio
If you have a serious cash buyer, this is the one to put in front of them today. Properties like this don't sit long. ( ACT FAST ( Hot deal in a strong rental and resale area. This won't last!
Show all description
=Í Address: 9200 King Richard St, Detroit, MI 48224
<á Property Type: Fully Renovated Brick Single Family Home
=Å Year Built: 1928
=Ë Beds/Baths: 3 Bed / 1 Bath
=Ï Sq Ft: 1,310 sq ft
<? Lot Size: 5,663 sq ft
________________________________________
=Ê INVESTMENT HIGHLIGHTS
" Turnkey Condition Recently fully renovated inside and out
Here's your breakdown for a $135,000 FHA loan at 7% interest, with $2,763 yearly taxes and $1,200 yearly insurance:
" Principal & Interest (PI): $866.72/month
" Taxes: $230.25/month
" Insurance: $100.00/month
" Total PITI: $1,200/month
________________________________________
=¸ PRICING
" =€ Asking Price: $135,000
" Buyer pays all closing costs
" Clean title, ready to close
________________________________________
= ACCESS & TERMS
" Property is vacant & secured
" Lockbox access available upon request
________________________________________
=Þ CONTACT
Jorge Cortes
Phone: 786-290-3795 Email: [email protected]
Location
Building Details
- Building Area Total: 1310 sq ft
- Construction Materials: Brick
- Architectural Style: Ranch
- Sewer: Public
- Heating: None
- Stories: 2
- Basement: Full
Amenities & Features
- Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, In Basement
- Parking Features: Garage Faces Side, Garage Faces Front, Detached
- Garage Spaces: 2
- WaterSource: Public
- Fireplaces Total: 0
Fees & Taxes
- Tax Assessed Value: $19,293
- Tax Year: 2024
- Tax Annual Amount: $2,809
School Information
- High School District: Detroit
- Elementary School: Wayne Elementary School
Miscellaneous
- CrossStreet: King Richard & Bedford Rd
- Listing Terms: Cash, FHA, VA Loan