$60,000
For Sale

9611 Otsego Street

Detroit, MI 48204
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Seize this incredible investment opportunity with a multifamily property located in a highly desirable suburb of Detroit. This great income-producing property is priced to sell and offers substantial returns on investment.
Key Features:
Location: Situated in a good suburb of Detroit, providing a prime location for tenants seeking suburban living with easy access to the city's amenities.
Income-Producing: This multifamily property is designed to generate consistent rental income, making it an ideal addition to your investment portfolio.
Affordable Pricing: Priced at a low cost, this property offers significant value and potential for appreciation.
Land Bank Terms: Subject to land bank terms, providing a unique investment opportunity with potential incentives and benefits.

  • Property Details
      • Acres0.13
  • Construction Details
      • Property TypeMulti-Family
      • BasementCrawl Space
    • Condition
      • Year Built1923
  • Utilities / Energy Details
      • Utility FeaturesWater Available, Sewer Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electric
      • Sewer InformationPublic Sewer
  • Community and Neighborhood Details
      • SubdivisionGraham & Carrolls Grand River Sub
    • Location
      • School DistrictDetroit
      • CountyWayne
  • Financial Details
      • Original List Price$60,000
      • Days on Market (Cumulative)76
  • Other
      • MLS #24034695

Location

Teresa L Molyneux | TJR RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00