2959 Tuxedo Street, Detroit, MI 48206

• 2 baths |
• 2,264 sqft

Property Description

LOCATED 6 MINUTES FROM THE INFAMOUS BOSTON EDISON HISTORIC DISTRICT, YOU WILL FIND 2959 TUXEDO NESTLED ON A 4,356 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF, GUTTERS, TRIM AND CONSISTS OF 2 RECENTLY REMODELED SPACIOUS UNITS. EVERY WINDOW HAS BEEN UPGRADED WITH TOP OF THE LOW E MAINTENANCE FREE APPOINTMENTS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS 2 BRAND NEW FURNACES AND 2 NEW HOT WATER TANKS. IN ADDITION, EACH UNIT HAS EVERY INCH OF BRAND NEW PLUMBING AND EVERY INCH OF BRAND NEW ELECTRICAL AS WELL TO INSURE MAINTENANCE FREE CASH FLOW. EACH SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $2660 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 PERCENT. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $200 PER MONTH. THIS DIAMOND WILL WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER. LET'S CLOSE!

Listing Status:

Active

Date Added:

December 28, 2025 at 06:00AM

Listing Office:

KW Domain : 248-590-0800

Listing Agent:

Lauryn Johnson : 248-207-2994

MLS ID:

60960641

Interior

• Basement: Block
• Heating: Forced Air

Exterior

• Style: Colonial

Construction

• General: BrickTwoBasement

Location

• Road/Access: Paved
• Originating MLS: MiRealSource
• School District: Detroit City School District
• County: Wayne

Lot

• Zoning: S TUXEDO 121 TUXEDO ADDITION SUB L33 P35 PLATSW C R 12/195 34 X 123.42A

Utilities

• Water: Public

Financial

• Source: MiRealSource

This listing courtesy of Lauryn Johnson, KW Domain