8220 BURT Road Pending Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48228 2814
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Pending
Purchase Type For Sale
Square Footage 1,004 sqft
Price per Sqft $69
Subdivision Rouge Park Sub
MLS Listing ID 60380293
Style 1 Story
Bedrooms 3
Full Baths 1
Half Baths 1
Abv Grd Liv Area 1,004
Year Built 1941
Annual Tax Amount $644
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40.00 x 133.00
Property Sub-Type Single Family
Property Description
Welcome to 8220 Burt road in the Warrendale neighborhood of Detroit. This house is a dream for a new or seasoned investor as the property collecting an astounding 16.2% ROI, or 110% cash on cash for an investor using a DSCR loan. This house has been fully renovated over the last 2 years with new kitchen, windows, flooring, paint, etc, and due to this our tenants do not want to leave. Tenants are cash paying and do not miss a month. Seller also has other cash flowing rentals in the city he would be willing to package together for the right investor. No showings without an accepted offer to not disturb our tenant
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Hot Water Electric
Heating Forced Air
Exterior
Parking Features Detached Garage
Garage Spaces 1.0
Garage Yes
Building
Story 1 Story
Foundation Basement
Water Public Water
Architectural Style Bungalow
Structure Type Vinyl Siding
Schools
School District Detroit City School District
Others
Ownership Private
Assessment Amount $250
Energy Description Natural Gas
Financing Cash,Conventional