Address
16500 Fairmount Drive Detroit, MI
Price
$ 40,900
Property Attributes
  • ML#2200092654
  • TypePending
  • CountyWAYNE
  • CityDetroit
  • AreaDet 8 To Gratiot-Houston To 7
  • NeighborhoodLAMBRECHTS JOHN GOLFHURST
  • Zip48205
  • StyleBungalow
  • Year Built1944
  • Taxes1011
  • Price$ 40,900
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1100
  • Lot Size5,227 SqFt
Listing Provided Courtesy Of:
Jim Saros Real Estate Services
Property Description

INVESTMENT OPPORTUNITY! Great cash flow with steady monthly rent of $725/ month. Part of The Eastside Single Family Rental Portfolio is comprised of performing income producing single family rental properties. The properties are located in stable sub markets where there is strong rental demand. Many properties have longer term tenants with steady payment and maintenance history. With strong in place cash flow, additional upside in rents, and longer term ownership, The Eastside Single Family Rental Portfolio makes for a rare, risk adverse offering. Easy management with tenants responsible for all utilities, water, lawn, snow, and general property maintenance. Inquire for full list of available properties and income and expense information. Properties can be purchased in package or on one off basis.

Price History
11/11/2020 Listed $40,900

General Features

Basement Type Unfinished
Construction Materials Brick
Cooling Ceiling Fan(s)
Cumulative Days on Market 21
Down Payment Resource Yes
Heating Forced Air
Listing Agent Public Id 132336
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number W21I025106S
Possession Negotiable
Property Type Residential
School District Detroit
Sewer Sewer-Sanitary
Short Sale No
Status Pending
Subdivision Name LAMBRECHTS JOHN GOLFHURST (PLATS)
Terms Offered Cash, Conventional, FHA, VA
Total Sq Ft 1100
Transaction Type Sale
Warranty No
Year Built 1944

Interior Features

Basement Y/N Yes
Full Baths 1
Heating Fuel Natural Gas
Total Baths 1.00

Exterior Features

Architecture Level 1 1/2 Story
Architecture Style Bungalow
Foundation Basement
Foundation Materials Block
Frontage Feet 40
Garage Capacity 1 Car
Garage Dimensions 12x20
Garage Features Detached
Garage Y/N Yes
Lot Size Area 0.12
Lot Size Dimensions 40.00X132.00
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Brookstone Realtors and The Originating MLS(found above), © 2020 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of December 3, 2020 4:31 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48205

Price
AVG $40K
$40K
Taxes
AVG $1,180
$1,011
Visits
AVG 11
8
Year Built
AVG 1944
1944
Walkscore
AVG 52
59
Data Provided by Walkscore ® not using MLS data

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