14047 Marlowe Street
Detroit, MI 48227
- 3 beds
- 1 bath
- 1,441 sqft
- 3,485 sqft lot
- $76 per sqft
- 1927 build
- – on site
Can be purchased in a package deal! 10% off discount if purchased with 20110 Stotter - another amazing occupied investment property. Welcome to 14047 Marlowe St., a fantastic property that comes with the security of a Section 8 lease. This 3-bedroom, 1-bathroom residence offers a unique opportunity for savvy investors looking to add a valuable asset to their portfolio. Situated in Detroit, Michigan, this property is strategically located in an area with potential for growth and development. Take advantage of the city's revitalization and be part of its promising future. The spacious layout of this colonial home makes it an ideal rental property. With three bedrooms, tenants will enjoy comfort and ample living space, contributing to long-term tenant satisfaction. This property comes with the added benefit of a tenant already on a Section 8 lease. Enjoy the stability and guaranteed income that comes with this government-backed program, providing a reliable source of rental payments. Whether you're a seasoned investor or just starting, 14047 Marlowe St. is a great addition to your portfolio. The property's current Section 8 lease offers a hassle-free investment experience, and Detroit's ongoing urban development makes it an attractive market for real estate investments. Detroit is experiencing a resurgence, and investing in this property puts you in a position to benefit from potential future appreciation. Take advantage of the increasing demand for rental properties in this evolving market. The home's colonial architecture adds character and appeal, making it an attractive option for potential tenants. Invest in a property that not only provides financial returns but also stands out in the market. Don't miss out on this incredible investment opportunity at 14047 Marlowe St. Secure your future with a property that combines the stability of a Section 8 lease, the potential for appreciation, a
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Last updated Apr 29, 2024
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MLS# 20240005283 —
Monthly cost estimate
Asking price
$109,900
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$588
|
| Taxes | $157 |
| Insurance | $30 |
| Utilities | $178 See report |
| Total | $953/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/29/24
Apr 29, 2024
|
Pending | REALCOMP | $109,900 | |
|
4/11/24
Apr 11, 2024
|
Relisted | REALCOMP | $109,900 | |
|
3/11/24
Mar 11, 2024
|
Pending | REALCOMP | $109,900 |