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$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

Realcomp #20240078637

Listed
$197,000
-1.5%
09/06/2024
Realcomp

Realcomp #20240065122

Removed
$200,000
08/31/2024
Realcomp

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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