$110,000

9200 King Richard Street, Detroit City, MI 48224

3 beds |
2 baths |
1,310 sqft

Single-Family Home
Built in 1928
5,663sqft lot
2 car garage
$84/sqft
Listed 4 months ago

Property 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 1928Newly Renovated Ready to CloseAsking Price: $115,000Why this is a winner:Strong rental comps & resale demand in the areaFully renovated = no rehab headachesGreat ROI potential for investors or a turnkey addition to their portfolioIf 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! =?? Address: 9200 King Richard St, Detroit, MI 48224 <?? Property Type: Fully Renovated Brick Single Family Home =?? Year Built: 1928 =?? Beds/Baths: 3 Bed / 1 Bath =?? Sq Ft: 1,310 sq ft <? Lot Size: 5,663 sq ft ________________________________________ =?? 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 ________________________________________ =?? CONTACT Jorge Cortes Phone: 786-290-3795 Email: jctrealestateinvestments@gmail.com

Listing Status:: Active
Listing Office:: Front Page Properties : 3138779020
Listing Agent:: Terry Thomas : 3132869580
MLS ID:: 81025041337

Laundry: Gas dryer hookupIn basement
Basement: Full
Heating: ElectricNatural gasNone

Style: Ranch
Parking: DetachedGarage faces frontGarage faces side

General: BrickBasement

Originating MLS: Greater Metropolitan Association of REALTORS
School District: Detroit
County: Wayne

Zoning: BLK:106 DIST:01 CITY/MUNI/TWP:DETROIT CITY E KING RICHARDS 354 MORANGS THREE MILE DR ANNEX SUB L47 P72 PLATSWCR 21/704 60 X 92.31A21068451

Water: Public
Sewer: Public sewer

Source: Greater Metropolitan Association of REALTORS

This listing courtesy of Terry Thomas, Front Page Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Ronald Brown Academy

11530 E Outer Dr, Detroit, MI, 48224

Grades PK-8

0.46 miles away

Ronald Brown Academy

11530 E Outer Dr, Detroit, MI, 48224

Grades PK-8

0.46 miles away

East English Village Preparatory Academy at Finney

5020 Cadieux Rd, Detroit, MI, 48224

Grades 9-12

0.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.