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$150,000

Beds
4
Baths
2.0
sq ft
1,190

19497 Freeland St, Detroit, MI 48235

19497 Freeland St

Detroit, MI 48235

  • 132 days on market
(((oh))) W(@)W - - LOOK ! Finally I can discover the future of smart investing witha great TURNKEY investor special in the BOOMING city of Detroit: Certified, Rented and VERY Profitable! If you are looking for a hassle-free and lucrative investment opportunity in one of the world's top property markets, this is the deal for you. This property features: A SECTION 8 Tenant - paying $1,600 per month, giving you a secure and steady income stream. 4 bedrooms with 2 Bathroom A Fully CERTIFIED and UPDATED property - meeting all the city and section 8 standards, saving you time and money on repairs and inspections. A prime location in Detroit, a city that is experiencing a remarkable economic and cultural revival, attracting businesses, tourists and many new residents. With this property you won't have to do anything but collect the rent checks. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. DO NOT DISTURB TENANTS. CONTACT US TODAY TO MAKE THIS PROPERTY YOURS! SELLER HAS 17 SECTION 8 PROPERTIES FOR SALE IF YOU WOULD LIKE TO BUY A PACKAGE. Buyer to pay $495 Compliance Fee to Community Choice Reality. [[ All Section 8 Properties available: 12110 BRAILE, 9129 FORRER, 12930 CANFIELD, 472 WYOMING, 19260 REVERE, 8265 ASHTON, 19751 FENELON, 18671 SHIELDS, 19347 CONLEY, 8666 BURT, 15776 ARDMORE, 12935 PAYTON, 19497 FREELAND, 14070 ROSELAWN, 12035 MENDOTA, 11256 COURVILLE, 19005 GALLAGHER ]]

Details

Property type

Single Family Residence

Est. home value

$122,013

Lot size

5,227 sq ft

Price per sq ft

$127

Year built

1941

Annual property taxes

$1,890

Price History

02/19/2024
Realcomp

Realcomp #20240010063

Listed
$150,000

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

American Brokers Conduit

Loan start date

July 2006

Original loan amount

$91,000

Est. remaining balance

$58,025

Interest rate

6.62%

Loan type

Not Provided, 30 year

Seller

Ernest Lofton and Terence Lofton

Lender

American Brokers Conduit

Loan start date

July 2006

Original loan amount

$91,000

Est. remaining balance

$58,025

Interest rate

6.62%

Loan type

Not Provided, 30 year

Seller

Ernest Lofton and Terence Lofton

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: 06/30/2024 at 10:40 PM

Listing updated: 03/09/2024 at 10:44 AM

Listed by: John Haughton, Community Choice Realty Inc Phone #: (248) 729-0011

MLS: Realcomp #20240010063

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