12935 Payton Street new

Detroit,MI 48224

$ 132000

3 Beds

2 Baths

1636 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,636 sqft

Price per Sqft $80

MLS Listing ID 70442598

Style 2 Story

Bedrooms 3

Full Baths 2

Abv Grd Liv Area 1,636

Year Built 1943

Annual Tax Amount $2,118

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 42.00 x 115.00

Property Description

Calling all investors! Fully TURNKEY opportunity and a great addition to your investment portfolio! Fully certified by the City of Detroit, rented, meeting all Section 8 standards, and a ROI of 12.03%. Property features a 3 bedroom 2 bathroom, Section 8 tenant on a yearly lease with a rent of $1,500/month. Seller has other similar properties for sale. Seller and agent are related.

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement MI Basement

Interior

Heating Forced Air

Exterior

Garage Detached Garage

Garage Spaces 1.0

Waterfront No

Garage Yes

Building

Story 2 Story

Foundation Basement,Michigan Basement

Water Public Water

Architectural Style Bungalow

Structure Type Brick

Schools

School District Detroit City School District

Others

Energy Description Natural Gas

Financing Cash,Conventional,FHA,VA

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