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$140,000

Beds
3
Baths
1.0
sq ft
912

18564 Elkhart St, Harper Woods, MI 48225

18564 Elkhart St

Harper Woods, MI 48225

  • 17 days on market
This Harper Woods, MI property is an outstanding investment opportunity! This well-maintained property generates consistent rental income providing immediate cash flow for investors. This property is part of a 11-property portfolio, each in similar condition with comparable rental income. All properties are currently occupied by long-term tenants, offering stability and reliable returns. Please feel welcome to drive by the property to view the exterior, but do not disturb the tenants. For more information or to request financial documents, contact us today. Don’t miss out on this exceptional opportunity!

Details

Property type

Single Family Residence

Est. home value

$87,579

Lot size

6,970 sq ft

Price per sq ft

$154

Year built

1942

Annual property taxes

$3,683

Price History

12/04/2024
Realcomp

Realcomp #20240090375

Listed
$140,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Harper Woods

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

Intervale Mortgage Corp

Loan start date

June 2006

Original loan amount

$90,000

Est. remaining balance

Not provided

Interest rate

9.29%

Loan type

Not Provided, 30 year

Seller

Kyesha Sheppard

Lender

Intervale Mortgage Corp

Loan start date

June 2006

Original loan amount

$90,000

Est. remaining balance

Not provided

Interest rate

9.29%

Loan type

Not Provided, 30 year

Seller

Kyesha Sheppard

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: 12/22/2024 at 10:10 AM

Listing updated: 12/07/2024 at 9:37 PM

Listed by: Dawn Thompson, Exit United Realty Professionals Phone #: (248) 677-3220

MLS: Realcomp #20240090375

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