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About This Home
This 2-bedroom, 1-bathroom single family at 18734 Stahelin Avenue in Detroit, MI is listed for $77,500 ($97 per sqft). Built in 1942, the home offers 795 sqft of living space on a 0.11 acres lot.
LOCATED JUST 7 MINUTES FROM THE HISTORIC NORTH ROSEDALE PARK YOU WILL FIND 18734 STAHELIN NESTLED ON A HUGE 4,573 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS BRICK CROWN JEWEL BOASTS A BRAND NEW TEAR OFF 40 YEAR ROOF AND CONSISTS OF 2 SPACIOUS BEDROOMS AND A HUGE BACKYARD.
SHE HAS BEEN CAREFULLY UPGRADED WITH TOP OF THF LINE PLUMBING AND BRAND NEW ELECTRICAL THAT WILL INSURE MAINTENANCE FREE CASH FLOW. ALSO THE HOT WATER TANK AND FURNACE. THIS BEAUTY HAS JUST BEEN LEASED TO A 2 YEAR SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1497 ARE PAID BY THE FEDERAL GOVERNMENT.
TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $150 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Key Features
- Built in 1942
- 0.11 acre lot
Property Details
Monthly Cost Estimate
$414/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
18734 Stahelin Avenue
Detroit, MI 48219
Longfellow Manor
Property Details
Construction
Heating
Questions & Answers
This 2-bedroom, 1-bathroom single family at 18734 Stahelin Avenue is listed at $77,500 ($97/sqft). The estimated monthly payment is $336 based on 20% down at 6.5% interest.
Key features include: Built in 1942, 0.11 acre lot.
This property is listed by Lauryn Johnson and can be reached at (248) 590-0800 or laurynlojo@gmail.com.
