$60,000 for Sale

8611 stout street, detroit, MI 48228

Beds 2 Baths 1 693 Sqft 0.12 Acres 1 of 1
0
Property Description
AMAZING 11% CAP RATE***HIGH ROI**WARRENDALE INVESTMENT PROPERTY NEAR DEARBORN** CASH FLOWING INVESTOR SPECIAL** Performing Westside Ranch located on a solid block. Rented for $850 cash to a great tenant. This charming ranch features 2 nice size bedrooms and a full bath. Large living room, kitchen and full basement provides plenty of living space. Home has newer 3D Roof, vinyl windows and detached garage. Property is fenced and private. Terrific opportunity to add a performing rental to your portfolio. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!
General Information
Sale Price: $60,000
Price/SqFt: $87
Est. Payments: $281*
Status: Active
MLS#: rcomi20240081005
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: walshs john h parkside
Acres: 0.12
Lot Dimensions: 40.00 x 136.00
Bedrooms:2
Bathrooms:1   (1 full, 0 half)
House Size: 693 sq.ft.
Acreage: 0.12 est.
Year Built: 1949
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Paved Road:  Paved
Garage:  1 Car
Garage Description:  Detached
Construction:  Aluminum
Exterior:  Aluminum
Exterior Misc:  Fenced
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Heating:  Forced Air
Fuel:  Natural Gas
Waste:  Public Sewer (Sewer-Sanitary)
Watersource:  Public (Municipal)
Tax, Fees & Legal
Home warranty:  No
Est. Summer Taxes:  $1,436
Est. Winter Taxes:  $146
Legal Description:  W STOUT 61 AND E 9 FT OF VAC ALLEY ADJ JOHN H WALSHS PARKSIDE SUB L53 P7 PLATS, W C R 22/281 40 X 136
Map


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Al Baydoun of U.S. Investor Group

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This Single-Family Home located at
8611 stout street, detroit MI, 48228
is currently for sale. This property is listed for $60,000.
For Sale | $60,000 | 2 Bed, 1 Bath | 693 Sq Ft MLS ID rcomi20240081005
8611 stout street has 2 bedrooms, approximately 693 square feet. This home is in the detroit school district and has a lot size of 40.00 x 136.00 with 0.12 acres and was built in 1949. 8611 stout street is in detroit and in ZIP Code 48228 area.
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