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5378 VANCOUVER Street Detroit, MI 48204 5040
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Key Details
Sold Price $145,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,088 sqft
Price per Sqft $69
Subdivision Mi
MLS Listing ID 60312730
Sold Date 12/05/24
Style 2 Story
Full Baths 2
Year Built 1916
Annual Tax Amount $973
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 30.00 x 137.00
Property Description
LOCATED 8 MINUTES FROM NEW CENTER YOU WILL FIND 5378 VANCOUVER STREET NESTLED ON A 4,110 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST TWO 2 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEW FURNACES. IN ADDITION, THIS HOME DISPLAYS BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. MOREOVER SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. NO EXPENSE HAS BEEN SPARED. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS WITH MONTHLY DIVIDENDS OF $2428. THIS INVESTMENT PAYS A RETURN OF JUST UNDER 15%. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Rooms
Basement Block
Interior
Heating Hot Water
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water at Street
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Assessment Amount $340
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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Bought with LPS