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$89,500

Beds
3
Baths
1.0
sq ft
1,138

18688 Strasburg St, Detroit, MI 48205

18688 Strasburg St

Detroit, MI 48205

  • 33 days on market
*INVESTORS SPECIAL* Walk into this cash flowing brick bungalow. Long standing Section 8 tenant that keeps the property very well maintained. Recently passed Section 8 inspection, property is eligible for a rent increase. Rent is $1300 and Section 8 pays $1,216. Tenant has been in place over 3 years and lease is up February 2025 and tenant will renew. Property is being sold As-Is Please call for appointment, do not disturb tenant. BATVAI

Details

Property type

Single Family Residence

Est. home value

$57,459

Lot size

3,920 sq ft

Price per sq ft

$79

Year built

1948

Annual property taxes

$2,141

Price History

10/20/2024
Realcomp

Realcomp #20240074571

Listed
$89,500
10/16/2024
Realcomp

Realcomp #20240074571

Pending
$89,500
10/03/2024
Realcomp

Realcomp #20240074571

Listed
$89,500

Schools & Community

Neighborhood: 

Van Steuban

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

Not Available

Loan start date

July 2022

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

5.3%

Loan type

Land Contract (Argmt. Of Sale)

Seller

Charlene Hunter

Lender

Not Available

Loan start date

July 2022

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

5.3%

Loan type

Land Contract (Argmt. Of Sale)

Seller

Charlene Hunter

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: 11/05/2024 at 5:35 AM

Listing updated: 10/20/2024 at 2:10 PM

Listed by: Charlene Hunter, C Miles Realty LLC Phone #: (313) 912-6694

MLS: Realcomp #20240074571

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