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$75,000

Beds
3
Baths
1.0
sq ft
886

15596 Eastwood St, Detroit, MI 48205

15596 Eastwood St

Detroit, MI 48205

  • 29 days on market
***HIGH ROI**10% CAP RATE**PERFORMING INVESTOR SPECIAL ON A TERRIFIC BLOCK - Gorgeous 3 BR Brick Bungalow with natural hardwood and living room fireplace. Located on a beautifully kept street in the Mapleridge neighborhood. This area of Northeast Detroit is very popular with both renters and homeowners. Walking distance from Detroit's historic Denby High School. The property is fully rehabbed and is currently tenanted by a long term renter for $850/mo. Professionally managed. If you're looking for a solid, performing investment in a high occupancy area - this is a great buy. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

Details

Property type

Single Family Residence

Est. home value

$77,140

Lot size

4,356 sq ft

Price per sq ft

$85

Year built

1939

Annual property taxes

$1,323

Price History

06/06/2024
Realcomp

Realcomp #20240025323

Removed
$75,900
+1.2%
06/06/2024
Realcomp

Realcomp #20240039450

Listed
$75,000
-1.32%
04/18/2024
Realcomp

Realcomp #20240001061

Removed
$76,000
+0.13%

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

Ufg Mortgage Corp

Loan start date

August 2006

Original loan amount

$119,000

Est. remaining balance

$76,832

Interest rate

6.78%

Loan type

Not Provided, 30 year

Seller

Kay Smith and Bernice Smith

Lender

Ufg Mortgage Corp

Loan start date

August 2006

Original loan amount

$119,000

Est. remaining balance

$76,832

Interest rate

6.78%

Loan type

Not Provided, 30 year

Seller

Kay Smith and Bernice Smith

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: 07/05/2024 at 12:10 AM

Listing updated: 06/10/2024 at 6:56 PM

Listed by: Sam Berri, U.S. Investor Group Phone #: (313) 644-0034

MLS: Realcomp #20240039450

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