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Detroit, MI, 48207 • Islandview • Wayne County
$71/sqft
8Beds
4Baths
2,706Sqft
0.1 acLot
1916Built
Other Style
Built 1916 · 110 years of history
MC LEODS SUB OF N PART OF LOT 7
Islandview
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809 days on market
Established listing
$71/sqft
Price per square foot
Multi Family · Built 1916 · Historic
MULTIPLE OFFER SITUATION. HIGHEST AND BEST BY MONDAY AT NOON. REDEVELOPMENT OPPORTUNITY! LOCATED 4 MINUTES FROM INFAMOUS INDIAN VILLAGE YOU WILL FIND 3509 CONCORD NESTLED ON A 4,312 SQUARE FOOT LOT IN THE QUIET "ISLANDVIEW" NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST FOUR 2 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 4 NEWLY INSTALLED FURNACE AND HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS NEWER ELECTRICAL AND COPPER PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1166 and $1295 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING TOTAL OF $2461 PER MONTH. TENANTS PAYS ALL UTILITIES TO GUARANTEE AN ENORMOUS CASH ON CASH RETURN. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Based on current rates
Est. 6.88% rate · 30yr fixed · $152,800 loan
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2 schools rated nearby
Detroit, MI, 48207
25 events
20 years of records
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Detroit, MI • Wayne County
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