$197,000 for Sale
1200 lenox street, detroit, MI 48215
| Beds 6 | Baths 2 | 2,473 Sqft | 0.09 Acres |
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Property Description
LOCATED 3 MINUTES FROM HISTORIC JEFFERSON CHALMERS AND 6 MINUTES FROM GROSSE POINTE, YOU WILL FIND 1200 LENOX NESTLED ON A 3,789 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST TWO 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS BRAND NEW WINDOWS AND HAS NEW ELECTRICAL + PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 3250. THESE TENANTS COVERS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 PER. THE TAXES HAVE BEEN REDUCED TO ROUGHLY 196 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
General Information
Sale Price: $197,000
Price/SqFt: $80
Status: Active
MLS#: 20240078637
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: jefferson & mack ave sub (plats)
Acres: 0.09
Lot Dimensions: 35.00 x 109.00
Bedrooms:6
Bathrooms:2 (2 full, 0 half)
House Size: 2,473 sq.ft.
Acreage: 0.09 est.
Year Built: 1922
Property Type: Single Family
Style: Other
Features & Room Sizes
Bedroom:
Bedroom:
Bedroom:
Bedroom:
Bedroom:
Bedroom:
Bath - Full:
Bath - Full:
Paved Road: Paved
Garage: No Garage
Construction: Brick
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Wall/Floor Furnace
Fuel: Natural Gas
Waste: Sewer at Street
Watersource: Water at Street
Tax, Fees & Legal
Home warranty: Yes
Est. Summer Taxes: $2,034
Est. Winter Taxes: $207
Legal Description: E LENOX N 16 FT 102 S 19 FT 101 BLK 1-JEFFERSON & MACK AVE SUB L18 P75 PLATS, W C R 21/309 35 X 108.60
IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders
Listing By: Marta Kopania of 1st Michigan Real Estate, Phone:
