tomo logo

$499,000

Beds
12
Baths
4.0
sq ft
4,437

161 Rosedale Ct, Detroit, MI 48202

161 Rosedale Ct

Detroit, MI 48202

  • 6 days on market
Prime Investment Opportunity: Four-Unit Apartment Building Near Downtown Detroit Introducing a lucrative investment opportunity just minutes from downtown Detroit. This fully updated and remodeled four-unit apartment building features a total of 12 bedrooms and 4 bathrooms. Each unit is generously sized with 3 bedrooms and 1 bathroom, offering comfortable living spaces. Key Features: • Modern updates • Tenant occupied • Solid wood stairway • Prime location • Cash flowing property Don’t miss out on this exceptional opportunity to expand your investment portfolio. For more information and to schedule a viewing, please reach out to the owner.

Details

Property type

Single Family Residence

Lot size

4,356 sq ft

Price per sq ft

$113

Year built

1900

Annual property taxes

$2,186

Price History

06/26/2024
Realcomp

Realcomp #20240045524

Listed
$499,000

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

Kiavi Funding Inc

Loan start date

September 2022

Original loan amount

$259,000

Est. remaining balance

Not provided

Interest rate

5.22%

Loan type

Commercial

Seller

Ls Construction & Remodeling Llc

Lender

Kiavi Funding Inc

Loan start date

September 2022

Original loan amount

$259,000

Est. remaining balance

Not provided

Interest rate

5.22%

Loan type

Commercial

Seller

Ls Construction & Remodeling Llc

Lender

Il Lending Llc

Loan start date

March 2021

Original loan amount

$122,400

Est. remaining balance

Not provided

Interest rate

2.77%

Loan type

Building or Construction Loan

Seller

Ls Construction & Remodeling Llc

Lender

Il Lending Llc

Loan start date

March 2021

Original loan amount

$122,400

Est. remaining balance

Not provided

Interest rate

2.77%

Loan type

Building or Construction Loan

Seller

Ls Construction & Remodeling 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: 07/02/2024 at 7:50 PM

Listing updated: 06/28/2024 at 5:40 PM

Listed by: Maynard Neal, NERG Real Estate Experts Phone #: (586) 983-8686

MLS: Realcomp #20240045524

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