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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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14028 Faircrest St , Detroit, MI 48205
$220,000
Est. Payment: $488.89/mo
0 Bed
4 Bath
0 Sqft
Status: Active | Days on site: 2
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431181 - 406276
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Investor opportunity! Newly renovated, fully occupied 4-unit brick apartment building. All four units are currently rented at $750, $725, $670, and $690 per month, for a total monthly rental income of $2,835 and annual gross income of $34,020. This two-story multifamily property features a basement and a Certificate of Compliance. Located at 14028/14030 Faircrest in Detroit, this income-producing asset offers immediate cash flow with renovations already completed and tenants in place. Add this turnkey property to your rental portfolio today! BATVAI. Please do not disturb tenants.
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Highlights

Listed by David Rabior , 586-260-4346 Clyde Realty LLC , 313-949-7191.

Property Type

Multi-Family
Lot/Acreage
0.17

Year Built

1924

County

Wayne

 School District

Detroit

Listing ID

20261074597

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:
Water:Public

Exterior Features
Principal Interest
$489
Taxes
$218

Home Price

$220,000

Loan Details

30 yrs
%

Down Payment

20%
$44,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$488.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $488.89 $218.17 $0.00 $707.06
Yearly $5,866.67 $2,618.00 $0.00 $8,484.67
Total $176,000.00 $78,540.00 $0.00 $254,540.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.