1200 LENOX Street

  • $197,000
1200 LENOX Street, Detroit, MI 48215

Overview

Property ID: 20240078637
  • Single Family Home
  • Property Type
  • 6
  • Bedrooms
  • 2
  • Bathrooms
  • 2473
  • Sq Ft
  • 1922
  • Year Built

Description

LOCATED 3 MINUTES FROM HISTORIC JEFFERSON CHALMERS AND 6 MINUTES FROM GROSSE POINTE, YOU WILL FIND 1200 LENOX NESTLED ON A 3,789 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST TWO 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS BRAND NEW WINDOWS AND HAS NEW ELECTRICAL + PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 3250. THESE TENANTS COVERS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 PER. THE TAXES HAVE BEEN REDUCED TO ROUGHLY 196 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER’S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Details

  • Property ID: 20240078637
  • Price: $197,000
  • Property Size: 2473 Sq Ft
  • Land Area: 0.09 Acres
  • Bedrooms: 6
  • Bathrooms: 2
  • Year Built: 1922
  • Property Type: Single Family Home
  • Property Status: Sold
Updated on December 3, 2024 at 10:18 pm
Listing Office : 1st Michigan Real Estate
Listing Member : Marta Kopania
  • Address 1200 LENOX Street
  • Zip/Postal Code 48215

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