LOCATED JUST 7 MINUTES FROM THE HISTORIC NORTH ROSEDALE PARK YOU WILL FIND 18734 STAHELIN NESTLED ON A HUGE 4,573 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS BRICK CROWN JEWEL BOASTS A BRAND NEW TEAR OFF 40 YEAR ROOF AND CONSISTS OF 2 SPACIOUS BEDROOMS AND A HUGE BACKYARD. SHE HAS BEEN CAREFULLY UPGRADED WITH TOP OF THF LINE PLUMBING AND BRAND NEW ELECTRICAL THAT WILL INSURE MAINTENANCE FREE CASH FLOW. ALSO THE HOT WATER TANK AND FURNACE. THIS BEAUTY HAS JUST BEEN LEASED TO A 2 YEAR SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1497 ARE PAID BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $150 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Listed By
Agency Name: KW Domain
Agency Phone: (248) 590-0800
Shown By
Agent Name: Linda Strang
Agent Phone: (517) 546-5681
Agency Title: Griffith Realty
Estimated Payment
$ 251.72 per month $222.56 Principal & Interest $0.00 Property Tax (data not provided by mls) $29.17 Homeowner's Insurance
18734 Stahelin Avenue | MLS# 20261024906
This single family home located at 18734 Stahelin Avenue, Detroit, MI 48219 is currently listed for sale with an asking price of $100,000. This property was built in 1942 and has 2 bedrooms and 1 full baths with 795 sq. ft. Stahelin Avenue is located in the Longfellow Manor subdivision within the Detroit school district. Search Longfellow Manor real estate on lastrang.griffithrealty.com today.