9200 King Richard Street
Detroit, MI 48224
1310 sqft | 4 beds | 1.5 baths | 0.13 acres | #25041337
Description
I've got a move-in ready opportunity in a strong rental and resale pocket of Detroit that your cash buyer will love:
3 Beds | 1.5 Bath | 1,310 Sq Ft | Built 1928
Newly Renovated Ready to Close
Asking Price: $135,000
Why this is a winner:
Strong rental comps & resale demand in the area
Fully renovated = no rehab headaches
Great ROI potential for investors or a turnkey addition to their portfolio
If you have a serious cash buyer, this is the one to put in front of them today. Properties like this don't sit long. ( ACT FAST ( Hot deal in a strong rental and resale area. This won't last!
=Í Address: 9200 King Richard St, Detroit, MI 48224
<á Property Type: Fully Renovated Brick Single Family Home
=Å Year Built: 1928
=Ë Beds/Baths: 3 Bed / 1 Bath
=Ï Sq Ft: 1,310 sq ft
Lot Size: 5,663 sq ft
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=Ê INVESTMENT HIGHLIGHTS
" Turnkey Condition Recently fully renovated inside and out
Here's your breakdown for a $135,000 FHA loan at 7% interest, with $2,763 yearly taxes and $1,200 yearly insurance:
" Principal & Interest (PI): $866.72/month
" Taxes: $230.25/month
" Insurance: $100.00/month
" Total PITI: $1,200/month
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=¸ PRICING
" =€ Asking Price: $135,000
" Buyer pays all closing costs
" Clean title, ready to close
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= ACCESS & TERMS
" Property is vacant & secured
" Lockbox access available upon request
________________________________________
=Þ CONTACT
Jorge Cortes
Phone: 786-290-3795 Email: jctrealestateinvestments@gmail.com
Property Details
- Property SubtypeSingle Family Residence
- Property TypePurchase
- Original List Price$135,000
- MLS #25041337
- MLS #25041337
- School DistrictDetroit
- Sewer InformationPublic
- Utility SourcePublic
- Cost135000
- StyleRanch
- CountyWayne
- Acres0.13
- Square Feet1310
- BasementFull
- Year Built1928
- Bathrooms1.5
- Bedrooms4
- Full Baths1
- Half Baths1
- Stories2
- Parking Spaces2
- Days on Market (Cumulative)1
Location
Legal
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Last Updated: . Source: MichRIC
Listing Courtesy
Listing Agent: Terry Thomas (#e405810)
Listing Office: Front Page Properties (#oe391773)
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