$197,000
- Beds
- 6
- Baths
- 2.0
- sq ft
- 2,473
1200 Lenox St, Detroit, MI 48215
1200 Lenox St
Detroit, MI 48215
- 36 days on market
LOCATED 3 MINUTES FROM HISTORIC JEFFERSON CHALMERS AND 6 MINUTES FROM GROSSE POINTE, YOU WILL FIND 1200 LENOX NESTLED ON A 3,789 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST TWO 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS BRAND NEW WINDOWS AND HAS NEW ELECTRICAL + PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 3250. THESE TENANTS COVERS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 PER. THE TAXES HAVE BEEN REDUCED TO ROUGHLY 196 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Details
Property type
Single Family Residence
Lot size
3,920 sq ft
Price per sq ft
$80
Year built
1922
Annual property taxes
$2,241
Price History
10/16/2024
Realcomp #20240078637
Listed
$197,000
-1.5%
09/06/2024
Realcomp #20240065122
Removed
$200,000
08/31/2024
Realcomp #20240065122
Listed
$200,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
School district:
Detroit
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Status: Active
Tomo last checked: 11/22/2024 at 10:00 AM
Listing updated: 10/17/2024 at 6:06 AM
Listed by: Marta Kopania, 1st Michigan Real Estate Phone #: (734) 301-6553
MLS: Realcomp #20240078637
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