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$85,000

Beds
4
Baths
1.5
sq ft
1,324

13430 Promenade St, Detroit, MI 48213

13430 Promenade St

Detroit, MI 48213

  • 121 days on market
    • Price drop $10,000↓
**TURNKEY** Cash flow immediately when purchased! Tenants are on second lease. New lease signed Paying $2,000/month. This Brick Cape Cod with 4 bedrooms, 1.5 baths has been already updated for you! 2 generous bedrooms on first floor, 2 even larger bedrooms upstairs- primary bedroom upstairs has walk-in closet. All bedrooms have ceiling fans. Conveniently located close to highways, shopping and public transit. Only 20 min to downtown, blocks from schools, parks, entertainment & more. There are very few up and running, cash flowing properties that have been updated for under $100k so make an offer today, before it’s gone! Pictures taken prior to tenant move in-Please do not disturb tenants.

Details

Property type

Single Family Residence

Lot size

5,663 sq ft

Price per sq ft

$65

Year built

1940

Price History

04/18/2024
Realcomp

Realcomp #20240013799

Price change
$85,000
-10.53%
04/15/2024
Realcomp

Realcomp #20240013799

Price change
$95,000
+5.56%
04/01/2024
Realcomp

Realcomp #20240013799

Listed
$90,000

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

Michael S Sisskind & Co

Loan start date

August 2006

Original loan amount

$22,000

Est. remaining balance

Not provided

Interest rate

6.78%

Loan type

Not Provided

Seller

Harkey Llc

Lender

Michael S Sisskind & Co

Loan start date

August 2006

Original loan amount

$22,000

Est. remaining balance

Not provided

Interest rate

6.78%

Loan type

Not Provided

Seller

Harkey Llc

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: 07/04/2024 at 9:55 PM

Listing updated: 04/18/2024 at 11:43 AM

Listed by: Shawn A Calhoun, Pretty Home Realty Phone #: (248) 905-1402

MLS: Realcomp #20240013799

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