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Jim Blehm

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

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16125 Indiana St , Detroit, MI 48221
$89,900
Est. Payment: $199.78/mo
0 Bed
2 Bath
0 Sqft
Status: Active | Days on site: 6
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372593 - 700280
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House Description

TENANT OCCUPIED COLONIAL STYLE MULTI FAMILY DUPLEX HOME LOCATED SOUTH OF MCNICHOLS AND EAST OF WYOMING. THIS LOWER UNIT IS A TWO BEDROOM, ONE BATHROOM UNIT. THE TENANT IS CURRENTLY PAYING 600 PER MONTH, AND THERE IS A 550 SECURITY DEPOSIT HELD. THE TENANT HAS BEEN IN THE PROPERTY SINCE NOVEMBER 2018, AND IS CURRENTLY MONTH TO MONTH. THE UPPER UNIT IS A TWO BEDROOM, ONE BATHROOM UNIT. THE TENANT MONTHLY RENT IS 625 PER MONTH WITH A 550 SECURITY DEPOSIT HELD. THE TENANT HAS BEEN IN THE HOME SINCE JANUARY 2018, AND IS CURRENTLY MONTH TO MONTH. BOTH TENANTS WISH TO STAY. THIS WOULD MAKE A GREAT ADDITION TO YOUR RENTAL PORTFOLIO! PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

Highlights

Listed by Mark Hutter , 734-637-1963 Detroit Investment Company , 734-838-9197.

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1928

County

Wayne

School District

Detroit

Listing ID

20261073524

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:
Water:Public

Exterior Features

Principal Interest
$200
Taxes
$176

Home Price

$89,900

Loan Details

30 yrs
%

Down Payment

20%
$17,980
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:
$199.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $199.78 $176.00 $0.00 $375.78
Yearly $2,397.33 $2,112.00 $0.00 $4,509.33
Total $71,920.00 $63,360.00 $0.00 $135,280.00

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.