tomo logo

$75,000

Beds
3
Baths
1.0
sq ft
900

19196 McCormick St, Detroit, MI 48224

19196 McCormick St

DetroitCity_Wayne, MI 48224

    Unlock your next investment with this already cash-flowing 3-bedroom rental in a sought-after Detroit neighborhood! This property is a fantastic addition to your portfolio, offering both immediate returns and long-term potential.

    Details

    Property type

    Single Family Residence

    Est. home value

    $59,640

    Lot size

    5,227 sq ft

    Price per sq ft

    $84

    Year built

    1942

    Annual property taxes

    $1,646

    HOA

    No

    Price History

    02/07/2025
    Realcomp

    Realcomp #20240069930

    Listed
    $75,000
    -5.06%
    08/28/2024
    Realcomp

    Realcomp #20240005159

    Removed
    $79,000
    06/12/2024
    Realcomp

    Realcomp #20240005159

    Price change
    $79,000
    -3.66%

    Schools & Community

    Elementary school: 

    Unknown

    Middle school: 

    Unknown

    High school: 

    Unknown

    High 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

    Michigan Homeowner Assistance Nonprofit

    Loan start date

    May 2013

    Original loan amount

    $10,466

    Est. remaining balance

    Not provided

    Interest rate

    3.54%

    Loan type

    Future Advance Clause / Open End Mortgage

    Seller

    Terrance R Brown and Zenovia J Brown

    Lender

    Michigan Homeowner Assistance Nonprofit

    Loan start date

    May 2013

    Original loan amount

    $10,466

    Est. remaining balance

    Not provided

    Interest rate

    3.54%

    Loan type

    Future Advance Clause / Open End Mortgage

    Seller

    Terrance R Brown and Zenovia J Brown

    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: 04/02/2025 at 8:45 PM

    Listing updated: 03/31/2025 at 4:31 PM

    Listed by: Joseph Hammel, Keller Williams Somerset Phone #: (248) 649-7200

    MLS: Realcomp #20240069930

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