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Please only bid if you are 100% sure you will go thru and pay in a timely manner if you win. Please only bid if you are 100% sure you can comprehend and understand this listing. If you have any reservations whatsoever about bidding , paying , or understanding this listing , please do not bid.
WE RECEIVED A QUIT CLAIM DEED AND WILL CONVEY BY QUIT CLAIM DEED
LOCATION LOCATION LOCATION 5 UNIT BUILDING ACROSS FROM CENTRAL HIGH SCHOOL , IDEAL FOR RENTERS WITH CHILDREN.
THE PHOTOGRAPHS IN THIS LISTING WERE TAKEN ON APRIL , 1ST , 2010
Up for auction today
2426 TUXEDO , DETROIT , MI 48206
There are ($5345.00) delinquent taxes+interest+fees owed on this property. Of which ONLY $2765 must be paid by september. SUPER LOW TAXES OF ONLY $850 PER YEAR , THAT WORKS OUT TO LESS THAN $200 PER UNIT GOING FORWARD.
DESCRIPTION
You are bidding on a 5 unit income property. This property is located directly across from Detroit Central High School , making it an ideal rental for people with children , a real plus. Additionally you have no neighbors across the street . This property consists of 5 units with separate entrances , and also features a detached garage. There are two 2 bedroom apartments , two studio apartments , and one 1 bedroom apartment , also a full basement. Very low yearly taxes of $850 per year , that is less than $200 per unit , a real money maker going forward. Positive cash flow of $2200 per month.
~~AS IS WHERE IS ~~INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED~~LOT SIZE , SQ FEET ESTIMATES.
$500 CLOSING COSTS~~COVERS NOTARY FEE , DOCUMENT PREPARATION , COURIER FEE , TRANSFER TAXES , RECORDING FEES , OVERNIGHT MAIL
THE SEV ( STATE EQUALIZED VALUE) OF THIS PROPERTY IS : $ 21,633.00 , CAN NOT GO WRONG ON THIS ONE. THIS IS NOT SOME INFLATED ,OPTIMISTIC , OR COMPLETE FANTASY "ZILLOW" ESTIMATE , OR EPRAISAL. THIS IS THE ESTIMATE THAT THE STATE ASSESSORS OFFICE MAKES EVERY YEAR.
Legal Description :N TUXEDO 31 ROBERT OAKMANS DEACON STONEHOUSE SUB L33 P3 PLATS, WCR 10/123 30 X 128.56A
Parcel number : W10I003291S
CONTACT ME AT ANY TIME TO MAKE A CASH OFFER
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Listed for charity
25%- opens in a new window or tab of the final sale price will support Habitat for Humanity International- opens in a new window or tab ( Small deduction may apply. Learn more about eBay Giving Works )
