1255 Newport Street
Detroit, MI 48215

Description

Investors: Leased and performing turn-key investment property is tenanted and generating $695 monthly. Realize an NOI of almost $6k annually and an ROI of 12% after taxes, insurance and management fees are paid. Interior showings upon accepted purchase agreement only. Kindly DO NOT DISTURB TENANT. BATVAI. Property sold "as-is". Seller is an agent.

Details

MLS#218114896
StyleHouse
Sub-TypeResale
StatusActive
Year1913
Days On Site232

Features

Bed(s)4
Bath(s) 1 Full, 1 Half
SQ Feet1,364
Story(s)2 Story
Acreage0.09

Market Activity 48215

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Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48215
AreaDet: Mcclellan East/Mack To Shor
Community NameSKINNER & MOORES (PLATS)
School DistrictDetroit
Listing VS Median (in SKINNER & MOORES (PLATS))
Price:
$49,900
low | high
Med:
$49,900
50% of Average
SqFt:
1,364
low | high
Med:
1,364
50% of Average
$ / SqFt:
$37
low | high
Med:
$37
50% of Average
On Site:
232
low | high
Med:
232
100% of Average
Listing Updated: 07/21/2019
MLS Number: 218114896
Listing Provided By:
Brent Maxwell  of  IPS Realty
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