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$75,000

Beds
3
Baths
1.0
sq ft
798

11667 Ashton Ave, Detroit, MI 48228

11667 Ashton Ave

Detroit, MI 48228

  • 59 days on market
Amazing investment opportunity! This property is an instant cashflow opportunity. Property is TENANT OCCUPIED with a Supportive Housing Society at $1150/mo, the entire rent is paid by the organization. Similar to Section 8. Lease began March 2023. Professionally managed rental, tenant plans to stay. Don't miss out on this rare opportunity of guaranteed rental income in Detroit. Property being sold as is. All dimensions are estimated and should be verified. Pictures of home from BEFORE tenant moved in. **Showings only with accepted offer. Property is tenant occupied, please respect their privacy.** Can be packaged with another occupied rental property - see MLS# 20240053739

Details

Property type

Single Family Residence

Est. home value

$68,890

Lot size

5,227 sq ft

Price per sq ft

$94

Year built

1941

Annual property taxes

$1,504

Price History

07/24/2024
Realcomp

Realcomp #20240053742

Listed
$75,000
+89.87%
07/05/2019
Realcomp

Realcomp #219014654

Sold
$39,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Detroit

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Argent Mortgage Company Llc

Loan start date

May 2005

Original loan amount

$107,350

Est. remaining balance

Not provided

Interest rate

9.55%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Gwenetta Craig

Lender

Argent Mortgage Company Llc

Loan start date

May 2005

Original loan amount

$107,350

Est. remaining balance

Not provided

Interest rate

9.55%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Gwenetta Craig

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/22/2024 at 6:10 AM

Listing updated: 08/28/2024 at 6:05 AM

Listed by: Bailee Clanton, Home Source Realty LLC Phone #: (313) 384-5731

MLS: Realcomp #20240053742

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