14845 MADDELEIN STREET
Detroit, MI 48205
776 sqft | 2 beds | 1 bath | #20240053766
Description
This high-yielding investment opportunity in Detroit awaits you! Tenant is long term section 8 for guaranteed income. Monthly rent income $1,000 for investment return of 15.4%. Tenant pays all utilities. Furnace was replaced in 2024, garage for 1.5 cars, property is well maintained. Favorable price for the portfolio of 7 homes: 14570 Lappin, 14988 Lappin, 14258 Lappin, 14534 Lappin, 14845 Maddelein, 14465 Maddelein, and 15030 Rossini - contact Agent for details. ** Tenant-occupied homes please do not approach the properties or disturb tenants. Viewing/inspection upon signed LOI.
Interior Details
- HeatingForced Air
Beds & Baths
- Total Baths1.00
- Bedrooms2
- Bathrooms1
- Full Baths1
Property Details
- Square Feet776
Construction Details
- Property TypePurchase
Condition
- Year Built1947
Community and Neighborhood Details
- School DistrictDetroit
- RegionDetroit
- CountyWayne
Financial Details
- Original List Price$65,000
Other
- MLS #20240053766
Location
Legal
Notice: This listing provided courtesy of Realcomp IDX (REALCOMP). The information contained in this listings has not been verified by us or the MLS and should be verified by the parties interested.
Listing Courtesy
Listing Agent: Kevin Devergilio (#396866)
Listing Office: REALTEAM Real Estate (#403050)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.