MI > Detroit > Mi
Detroit, MI 48213 3526,5856 BARRETT Street
Detroit, MI 48213 3526,5856 BARRETT Street
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Shawn Murphy, GRI, SRES

Shawn Murphy, GRI, SRES

+1(888) 983-2544
$ 200,000
Est. payment | /mo

2 Baths

2,140 SqFt

Save
$ 200,000
Est. payment | /mo
Save

2 Baths

2,140 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,140 sqft

Price per Sqft $93

Subdivision Mi

MLS Listing ID 60393687

Style 2 Story

Full Baths 2

Year Built 1927

Annual Tax Amount $493

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 35.00 x 110.00

Property Sub-Type Multi-Family

Property Description

REDUCED! PICTURES COMING SOON! LOCATED JUST 6 MINUTES FROM THE HISTORIC EAST ENGLISH VILLAGE YOU WILL FIND 5856 BARRETT NESTLED ON A 3,833 SQUARE FOOT LOT IN CHANDLER PARK QUIET NEIGHBORHOOD OF HOMEOWNERS. BRAND NEW ROOF TEAR OFF WITH 40 YEAR WARRANTY, THIS CROWN JEWEL DUPLEX CONSISTS OF 2 RECENTLY REMODELED SECTION 8 UNITS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS 2025 FURNACES AND HOT WATER TANKS. IN ADDITION, EACH UNIT HAS BRAND NEW ELECTRICAL  AND PLUMBING AS WELL TO INSURE MAINTENANCE FREE CASH FLOW. BRAND NEW SIDING AND ALUMINUM TRIM PAIRED WITH NEW WINDOWS COMPLETE THE CURB APPEAL TO YOUR ROYAL HIGHNESS.  EACH SPACIOUS 3 BEDROOM UNIT HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS FROM SAME AGENCY AND THE MONTHLY DIVIDENDS OF $2,550 ARE PAID IN FULL 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 $100 PER MONTH. THIS DIAMOND WILL WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER. LET'S CLOSE!

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Multi-Family

Rooms

Basement Block

Interior

Heating Forced Air

Fireplace No

Exterior

Exterior Feature Brick

Building

Story 2 Story

Foundation Basement

Water Public Water at Street

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Assessment Amount $250

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Downtown Realty
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(888) 983-2544

srmurphy@ferndalerealty.com

6230 Highway 65 NE, Minneapolis, MN, 55432, USA

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5856 BARRETT Street