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Younited Mortgage Loan Application NMLS #1880125

18669 Strathmoor Street Detroit, MI 48235

front view for 18669 Strathmoor Street, Detroit, Mi. 48235
map of 18669 Strathmoor Street Detroit, MI 48235
Price:$100,000|Beds: 3|Baths: 1|Area: 1432 sq ft
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Explore our fast and easy mortgage options to maximize your home’s value. Younited Mortgage NMLS #1880125

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Overview

The home at
18669 Strathmoor St Detroit, MI. 48235
 has 1 bathrooms 1432 square feet of living space. It sits on 5227 square feet of land. And its legal description is

W STRATHMOOR 2146 & E 10 FT OF VAC ALLEY ADJ BLACKSTONE PARK SUB NO 3 L49 P84 PLATS, W C R 22/231 40 X 130

County Registrar of Deeds Public Record

This building may also appear as:

18669 Strathmoor St
18669 Strathmoor St Detroit, MI. 48235-2565

located in the historical & Appreciating community of the westside of detroit, blackstone park subdivision, 7 mile rd. & James couzens fwy this beautiful brick bungalow home has three bedrooms and one full size bath. the current value of the property is $140k, giving you a new investment property with over $40,000 in equity at closing with residual income of $14,400 annually and $1200 per month. the tenants are currently in month-to-month leases so rental rate has the flexibility to be increased to the current market rental rate of $1500 per month for a three bedroom. operating expenses are minimal and self-sufficient, with individually metered electric and gas service for each unit covered by the tenants. Owner pays water, property taxes, and insurance. this property has a current cap rate of 11.52% with flexibility to increase to 13.5% property management services are available for purchaser if needed. This is a true turnkey income producing property in an appreciating neighborhood. Warranty deed available (free & Clear) purchaser to pay $645 compliance fee to prestige realty services, llc this property is available individually or in a 5-property package deal with: 18988 prest 18669 strathmoor 18259 pinehurst 17394 mendota 16652 mendota please contact listing agent for further details on package deal.

More Information

  • MLS Number: 20230022245
  • Price: $100,000.00
  • Listing Start Date: 03/29/2023
  • Current MLS Status: Off Market
  • Status Date: 07/01/2023
  • Year Built: 1940
  • Square Footage: 1432
  • Price per SqFt: $69.83
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Tax: $1,313
  • Has Basement: No
  • Down Payment Assistance: Call us for resources
Public Record Information
  • Estimated Value: $122,238
  • Square Footage: 1432
  • Lot Area: 0.12 acres (5,227 sqft)
  • Price per SqFt: $85.00
  • Year Built: 1940
  • Bedrooms: n/a
  • Full Bathrooms: 1
  • Taxes (from public record): $1,627
  • Approx. Loan Amount: $0
  • Zoning: R1
  • Build Quality: AVERAGE
  • Floor Types:
  • Amenities:
  • Swm Pool Type: NO POOL
  • Heating Types: Forced Air
  • Exterior Wall Types: Brick
  • Architecture Type: Other
  • Parking Types: Type Not Specified
  • Parking Size: 2
  • Pool: No Pool
  • Legal Description: W STRATHMOOR 2146 & E 10 FT OF VAC ALLEY ADJ BLACKSTONE PARK SUB NO 3 L49 P84 PLATS, W C R 22/231 40 X 130
  • Current APN
    (Assessor's Parcel Number):     22038180. (22038180)
  • Previous APN: 22038180. (22038180.)
  • General Land Use: Residential
  • County Land Use: Single Family Residence (401)
  • Owner Occupied: NO
  • Owner City: North Miami, FL
  • No. of Buildings: 1

Valuation

Estimated Value
$122,238
Range of Comparable Sales
Low: $118,570
High:
$125,905

Exact Location

map of 18669 Strathmoor Street Detroit, MI 48235

Estimated Monthly Expenses

Total Monthly Cost
$
Property Tax
$
$
Heat
$
Electric Bill
$
   

Transaction History

*This data is provided from public record
Sale Date Sale Price Arm's-Length
05/09/2016 $18,000 Yes
05/09/2016 $51,000 Yes

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Listing Provided by Prestige Realty Services LLC

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