11705 Elmdale Street
Detroit, MI 48213
- – beds
- 12 baths
- 7,398 sqft
- 6,098 sqft lot
- $54 per sqft
- 1927 build
- – on site
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REDUCED TO SELL!! OWNER RETIRING!!! GREAT OPPORTUNITY TO CASH IN ON A FULLY REMODELED INCOME GENERATING BRICK 12 UNIT. 100% OCCUPIED WITH SECTION 8 TENANTS. BRAND NEW BOILER. INVESTORS THIS IS A MAGNIFICENT CHANCE TO RECEIVE GUARANTEED MONTHLY INCOME DIRECTLY TO YOUR BANK ACCOUNT. 19% CAP RATE! CASH OFFERS ONLY. OFFER & POF REQUIRED FOR ALL SHOWINGS.HAP CONTRACTS PROVIDED WITH AN ACCEPTED OFFER. ALL MSHDA SEC 8 TENANTS. EXPENSE BREAKDOWN INCLUDED IN DOCUMENTS. MONTHLY EXPENSES: $588.58 INSURANCE $397.96 WATER $1120.85 DTE $250 TAXES Total $2357.39 per month ABOVE MARKET RENT OF $9430 IN MONTHLY INCOME.
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Last updated Apr 18, 2024
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MLS# 219112379 —
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/17/19
Dec 17, 2019
|
Sold | REALCOMP | $400,000 | -8.9% |
|
12/12/19
Dec 12, 2019
|
Pending | REALCOMP | $439,000 | |
|
12/1/19
Dec 1, 2019
|
Price Changed | REALCOMP | $439,000 | -0.2% |