8611 STOUT Street Active

Detroit,MI 48228

$ 60000

2 Beds

1 Bath

693 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 693 sqft

Price per Sqft $86

MLS Listing ID 20240081005

Style Ranch

Bedrooms 2

Full Baths 1

Originating Board Realcomp

Year Built 1949

Annual Tax Amount $1,582

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 40.00 x 136.00

Property Description

AMAZING 11% CAP RATE***HIGH ROI**WARRENDALE INVESTMENT PROPERTY NEAR DEARBORN** CASH FLOWING INVESTOR SPECIAL** Performing Westside Ranch located on a solid block. Rented for $850 cash to a great tenant. This charming ranch features 2 nice size bedrooms and a full bath. Large living room, kitchen and full basement provides plenty of living space. Home has newer 3D Roof, vinyl windows and detached garage. Property is fenced and private. Terrific opportunity to add a performing rental to your portfolio. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

Location

State MI

County Wayne

Area Wayne County - 100

Direction Just west of Evergreen between Tireman and Joy Rd

Interior

Heating Forced Air

Exterior

Exterior Feature Fenced Back,Porch(es)

Garage Detached

Garage Spaces 1.0

Waterfront No

View Y/N No

Roof Type Asphalt

Garage Yes

Building

Story 1

Sewer Public

Water Public

Architectural Style Ranch

Structure Type Aluminum Siding

Others

Tax ID W22I102070S

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

View More
Favorite Go Tour