11722 LAUDER Street Pending

Detroit,MI 48227

$ 50000

3 Beds

1 Bath

836 SqFt


Key Details

Property Type Single Family Home

Sub Type Bungalow

Listing Status Pending

Purchase Type For Sale

Square Footage 836 sqft

Price per Sqft $59

Subdivision Broadmoor Sub (Plats)

MLS Listing ID 20240079157

Style Bungalow

Bedrooms 3

Full Baths 1

Year Built 1941

Annual Tax Amount $1,132

Lot Size 4,356 Sqft

Property Description

This traditional bungalow home presents an unbeatable investment opportunity in a quiet, desirable neighborhood. With tenants who have called this property home for the past 8 years and are eager to stay, this rental offers a steady cash flow at $800/month, with potential to increase. Whether you're a seasoned investor or just starting, this property is a solid choice for your next move!

The home features charming hardwood floors throughout and a decent-sized backyard?ideal for tenants or future buyers looking to make it their own. While some light cosmetic work is needed, the home has great bones and plenty of potential to enhance its value.

Recent updates include a new electrical meter and panel, offering added peace of mind, and a new hot water tank, so you won?t have to worry about major repairs anytime soon. The property also includes a 1-car garage, providing valuable storage or parking space.

Conveniently located near I-96 and Southfield Freeway, this property offers easy access to major routes, making commuting a breeze for tenants. The motivated seller is ready to make a deal, and the home is being sold as-is?bring your offers and seize this prime opportunity!

Don?t miss out on this hidden gem that just needs a little TLC to truly shine. The possibilities are endless?this is an investment you won?t want to pass up!

Location

State MI

County Wayne

Area Det 6-Tire - Grnfld - Livernois

Interior

Heating Forced Air

Exterior

Garage Detached

Garage Description 1 Car

Pool No

Waterfront no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Vinyl

Schools

School District Detroit

Others

Assessment Amount $240

Acceptable Financing Assumable (Asm-Lend App),Cash,Conventional,VA

Listing Terms Assumable (Asm-Lend App),Cash,Conventional,VA

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