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About This Home
This 3-bedroom, 1-bathroom single family at 15514 Griggs Street in Detroit, MI is listed for $120,000 ($77 per sqft). Built in 1938, the home offers 1,565 sqft of living space on a 0.09 acres lot.
Attention Investors: Don't miss this opportunity to add this property to your portfolio! With a CAP rate slightly above 9% (excluding mortgage payments), this property is highly attractive. Located just steps from the M10, this home features 1,565 sqft of living space on a 3,789 sqft lot.
The property boasts three spacious bedrooms on the upper level, plus the potential of fourth bedroom on the main floor. It also includes a spacious living room, dining room, kitchen, a partially finished basement, a two-car garage, and a backyard. Don't let this magnificent opportunity to make it yours!.
The current tenant has lived in the home for five years, always paying on time; starting in June, they will be paying a monthly rent of $1,100.00, and they are interested in continuing to rent the property. Do not miss out on this excellent business opportunity. Schedule your showing today. B.A.T.V.A.I.
Key Features
- Built in 1938
- 0.09 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$642/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
15514 Griggs Street
Detroit, MI 48238
Northwestern Hwy
Property Details
Construction
Heating
Questions & Answers
This 3-bedroom, 1-bathroom single family at 15514 Griggs Street is listed at $120,000 ($77/sqft). The estimated monthly payment is $520 based on 20% down at 6.5% interest.
Key features include: Built in 1938, 0.09 acre lot, 2 stories.
This property is listed by Jesus Coronado and can be reached at (888) 501-7085 or israelcoronadorealtor@gmail.com.
