$77,000
$78,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
14528 LAPPIN Street Detroit, MI 48205
2 Baths
4,356 Sqft Lot
Key Details
Sold Price $77,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20240053736
Sold Date 10/04/24
Originating Board Realcomp
Year Built 1926
Annual Tax Amount $1,233
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35.00 x 127.00
Property Description
This high-yielding investment opportunity in Detroit awaits you! This duplex (2/1 downstairs and 1/1 upstairs) is occupied by long term tenants at monthly rent income of $1,400. Tenant pays water and gas (separately metered), Landlord pays water. Investment yield 16.8%. Garage for 1.5 cars, property is well maintained. Favorable price for the portfolio of 7 homes: 14570 Lappin, 14988 Lappin, 14258 Lappin, 14534 Lappin, 14845 Maddelein, 14465 Maddelein, and 15030 Rossini - contact Agent for details. ** Tenant-occupied homes please do not approach the properties or disturb tenants. Viewing/inspection upon signed LOI.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction N of 7 Mile/E of Gratiot
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Other
Others
Tax ID W21I021744S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION