$70,000 for Sale

14534 lappin, detroit, MI 48205

Beds 3 Baths 1 1,190 Sqft 0.10 Acres 1 of 1
0
Property Description
A turnkey investment opportunity in Detroit awaits you! *This tenant-occupied 7-property 12-unit portfolio offers a 14.30% cap rate on current rents, with upside from rent increases due on many units. Properties included: 14570 Lappin, 14988 Lappin, 14258 Lappin, 14534 Lappin, 14845 Maddelein, 14465 Maddelein, and 15030 Rossini. *** Tenant-occupied homes please do not approach the properties or disturb tenants. Viewing/inspection upon signed LOI.
General Information
Sale Price: $70,000
Price/SqFt: $59
Est. Payments: $327*
Status: Active
MLS#: rcomi60258187
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: gratiot american park
Acres: 0.1
Lot Dimensions: 35.00 x 127.00
Bedrooms:3
Bathrooms:1   (1 full, 0 half)
House Size: 1,190 sq.ft.
Acreage: 0.1 est.
Year Built: 1927
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1:  15x24
Bedroom 2 :  11x12
Bedroom 3:  11x12
Paved Road:  Paved Street
Garage:  2
Garage Description:  Detached Garage
Exterior:  Brick
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Heating:  Forced Air
Fuel:  Natural Gas
Waste:  Public Sanitary
Watersource:  Public Water
Tax, Fees & Legal
Est. Summer Taxes:  $997
Est. Winter Taxes:  $91
HOA fees: 
Map


Information provided by East Central Association of REALTORS® 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Kevin Devergilio of REALTEAM Real Estate

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This Single-Family Home located at
14534 lappin, detroit MI, 48205
is currently for sale. This property is listed for $70,000.
For Sale | $70,000 | 3 Bed, 1 Bath | 1,190 Sq Ft MLS ID rcomi60258187
14534 lappin has 3 bedrooms, approximately 1,190 square feet. This home is in the detroit city school district school district and has a lot size of 35.00 x 127.00 with 0.1 acres and was built in 1927. 14534 lappin is in detroit and in ZIP Code 48205 area.
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