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About This Home
This 2-bedroom, 2-bathroom multi-family at 16666 E 8 Mile in Detroit, MI is listed for $75,000 ($77 per sqft). Built in 1950, the home offers 974 sqft of living space on a 0.13 acres lot.
This is a side by side duplex-one bedroom unit each with private basements; separate driveways, separate utilities (including water); The property was sold twice...and both times the buyer's financing fell through (though no fault of the property). The seller was burned twice...The seller wants an offer now, so the seller did a huge price reduction.
This is now a cash only transaction. This property makes money...one side was bringing in $535 (long term tenant) and $675 on the other. A few amenities of the property: vinyl windows; glass block windows with vents; wood flooring in the living rooms and bedrooms; profit to be made from day one of ownership!
Key Features
- Built in 1950
- 0.13 acre lot
Property Details
Amenities
Monthly Cost Estimate
$401/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
16666 E 8 Mile
Detroit, MI 48205
Tepperts Golf Park
Property Details
Construction
Heating
Questions & Answers
This 2-bedroom, 2-bathroom multi-family at 16666 E 8 Mile is listed at $75,000 ($77/sqft). The estimated monthly payment is $325 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 0.13 acre lot.
This property is listed by Kevin P. Brennan and can be reached at 3134144234 or kevin@kpbrennan.com.
