MLS# 24060163 – 12935 Payton Street, Detroit, MI 48224 – Dan Otten — Five Star Real Estate (M6)

Courtesy of 3DX Real Estate, LLC., Roxana Yeh.

Property Description

Description

3 Beds

2 Baths

1,636 Sqft

4,792 Sqft lot

0.11 Acre lot

Status: Active

Property Type: Single Family Residence

Year Built: 1943

Days on Website: 1

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.

Property Details and Features

Basement

Basement:

"Michigan Basement"

Bathrooms

2 full bathrooms

2 total bathrooms

Bedrooms

3 total bedrooms

Building

Architectural Style:

"Bungalow"

Building Area Source:

Other

Building Area Total:

1,636

Construction Materials:

"Brick"

Living Area:

1,636

Year Built:

1943

2 stories

Garage

Garage Included

1 garage space

Heating

Heating:

"Forced Air"

Heating Included

Laundry

Features:

"Gas Dryer Hookup", "Sink", "Washer Hookup"

Listing

Contract Status Change Date:

2024-11-19

Expiration Date:

2025-02-16

Listing Agreement:

Exclusive Agency

Listing Contract Date:

2024-11-19

Listing Id:

24060163

Listing Terms:

"Cash", "FHA", "VA Loan", "Conventional"

Mls Status:

Active

Modification Timestamp:

2024-11-20 14:39:16

On Market Date:

2024-11-20

Original Entry Timestamp:

2024-11-20 02:08:31

Original List Price:

$132,000

Special Listing Conditions:

"None"

Standard Status:

Active

Status Change Timestamp:

2024-11-20 02:08:31

2 cumulative days on market

2 days on market

Location

City:

Detroit

State Or Province:

County Or Parish:

Wayne

Postal Code:

48224

MLS Area Major:

Wayne County - 100

MLS Area Minor:

Wayne County - 100

Lot

0.11 acres

Area:

0.11

Dimensions:

42.00 x 115.00

4,792 square feet

Parking

Features:

"Detached"

Property

Parcel Number:

W21I057503S

Property Sub Type:

Single Family Residence

Additional Rooms

Rooms Total:

Schools

Middle Or Junior School District:

Detroit

Sewer

Sewer:

"Public Sewer"

Taxes

Annual Amount:

$2,118

Tax Year:

2024

Utilities

Water Source:

"Public"

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Contact an Agent

Dan Otten

616-257-9500 616 257-9500 Email Me

Location

$132,000 -

12935 Payton Street Detroit , MI 48224

City: Detroit

Street View

Nearby Schools

Recent Sales in the Area

Dan Otten

616-257-9500

616 257-9500

12935 Payton Street Detroit , MI 48224

Property Description

Description

Open House

Open House

Property Details and Features

Property Details and Features

Contact an Agent

Dan Otten

Location

Street View

Nearby Schools

Recent Sales in the Area

Similar Properties Nearby