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$92,900

Beds
3
Baths
1.0
sq ft
1,224

13527 Forrer St, Detroit, MI 48227

13527 Forrer St

Detroit, MI 48227

  • <1 day on market
***SECTION 8 TENANT IN PLACE*** GENERATING A WHOPPING $1350.00 PER MONTH IN RENTAL INCOME! THIS IS A TURN KEY INVESTMENT. LOCATED IN THE SCHOOLCRAFT SOUTHFIELD NEIGHBORHOOD. THIS 3 BEDROOM COLONIAL HAS A TON OF POTENTIAL. GARAGE ADDED IN RECENT YEARS. COMPLETE TEAR-OFF NEW ROOF ADDED IN 2017. NEWER FURNACE AND HOT WATER TANK (2017). ADD THIS SOLID ASSET TO YOUR PORTFOLIO TODAY. HURRY THIS ONE WILL NOT LAST!

Details

Property type

Single Family Residence

Est. home value

$82,583

Lot size

4,356 sq ft

Price per sq ft

$76

Year built

1937

Annual property taxes

$1,678

Price History

10/01/2024
Realcomp

Realcomp #20240073891

Listed
$92,900
+250.57%
09/25/2017
Realcomp

Realcomp #543250877

Sold
$26,500

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

Ge Money Bank

Loan start date

November 2005

Original loan amount

$8,857

Est. remaining balance

Not provided

Interest rate

5.8%

Loan type

Building or Construction Loan

Seller

Charlie Caldwell and Harriett Caldwell

Lender

Ge Money Bank

Loan start date

November 2005

Original loan amount

$8,857

Est. remaining balance

Not provided

Interest rate

5.8%

Loan type

Building or Construction Loan

Seller

Charlie Caldwell and Harriett Caldwell

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?

Status: Active

Tomo last checked: 10/01/2024 at 2:40 PM

Listing updated: 10/01/2024 at 11:41 AM

Listed by: Jay Kabbani, Keller Williams Legacy Phone #: (313) 752-0000

MLS: Realcomp #20240073891

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