ResidentialSingle Family Residence9200 King Richard Street, Detroit, MI 48224

Basics

  • Date added: Added 19 hours ago
  • Category:
  • Type:
  • Status:
  • 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: $135,000

    Why 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!
    =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]

    Show all description

Location

Building Details

  • Building Area Total: 1310 sq ft
  • Construction Materials: Brick
  • Architectural Style: Ranch
  • Sewer: Public
  • Heating: None
  • Stories: 2
  • Basement:

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

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This style property is located in is currently and has been listed on Tucker Benner Realty - Our Michigan Home. This property is listed at $135,000. It has 4 beds bedrooms, 2 baths bathrooms, and is 1310 sq ft. The property was built in 1928 year.

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