$152,500
For Sale

3990 BEACONSFIELD STREET

Detroit, MI 48224
2039 sqft | 2 baths | 0.10 acres | #20250015209
Browse 19 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

LOCATED 7 MINUTES FROM THE INFAMOUS CITY OF GROSSE POINTE AND JEFFERSON/CHALMERS, YOU WILL FIND 3990 BEACONSFIELD NESTLED ON A HUGE 4,356 SQUARE FOOT LOT IN THE QUIET "MORNINGSIDE" NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A BRAND NEW 40 YEAR TEAR OFF ROOF TOWERING OVER TWO SPACIOUS 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND 2 HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS NEWER ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1413 AND $1277 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING TOTAL OF $2690. THESE TENANTS PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

  • Property Details
      • SubdivisionMOORE & MOESTAS (PLATS)
      • FoundationBasement, Block
      • Sewer InformationSewerAtStreet
      • Utility SourceWateratStreet
      • Parking FeaturesTwoCarGarage
      • Property TypeMulti-Family
      • MLS #20250015209
      • Property SubtypeMultiFamily
      • Parcel NumberW21I065624S
      • MLS #20250015209
      • Basement DescriptionUnfinished
      • Original List Price$155,000
      • School DistrictDetroit
      • Parking TypeGarage
      • Taxes Annual$4,088
      • Cost152500
      • CountyWayne
      • Square Feet2039
      • Year Built1927
      • PetsCall
      • Acres0.1
      • Days on Market (Cumulative)26
      • Bathrooms2
      • Full Baths2
      • Stories2
      • Parking Spaces2
      • Basement1
      • Basement Finished1

Location

Veneesha SlaterReal Estate Group
OR

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