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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
17
Photos
3
beds
1
bath
1,308
sqft
Built in
1972
Investors look no further for a turnkey asset with strong cash flow. This lovely 3 bedroom single family home comes professionally managed with the rental license completed and a cash tenant of 2 years that would like to stay. Current lease is m2m at 1300/mo so a savvy investor can earn well over a 12% net return. The home features an extra half bath, newer furnace and water heater, kitchen and bath updates 5 years ago, and lots of space both upstairs and downstairs. Located in Cadillac Heights, near Hamtramck and only 10 minutes from downtown Detroit. *Calling for highest & best offers due 6/10/2024 by 4pm (est)
Features & Amenities
Interior
- Basement:
- Unfinished
- Heating:
- Forced Air, Natural Gas
Exterior
- Style:
- Split Level
Construction
- General:
- Brick, Bi-Level, Basement
Location
- Road/Access:
- Paved
- School District:
- Detroit
- County:
- Wayne
Lot
- Zoning:
- E MAINE N 20 FT 281 S 20 FT 280 FORDHAM SUB L33 P50 PLATS, W C R 9/156 40 X 71.80A, W09I012473S
Utilities
- Water:
- Public,Water at Street
- Sewer:
- Sewer-sanitary,Sewer at Street
This listing courtesy of:
Zest Realty LLC, Timothy Moore
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Hamtramck, MI
Housing
- Number of Units
- 13,934
- Median Home Value
- $63,097
- Median Rent
- $560
41.43% of housing units are renter occupied.
10.68% are vacant.
Commute
- Car
-
82.34%
- Public Transportation
-
3.14%
- Walk to Work
-
1.78%
- Work from Home
-
11.63%
- Other
-
0.33%
The median travel time to work is 25 minutes.
People
- Population
- 42,188
- Median Age
- 29.90
- Median Household Size
- 3.44
Education
- High School
-
36.51%
- Associate’s Degree
-
5.42%
- Bachelor’s Degree
-
8.83%
- Graduate Degree
-
4.09%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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