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$93,000

Beds
3
Baths
1.0
sq ft
962

19608 Hamburg St, Detroit, MI 48205

19608 Hamburg St

Detroit, MI 48205

  • 69 days on market
    • Price drop $2,000↓
INVESTOR SPECIAL**GREAT ROI** Solid Brick 3 Bed Eastside cash cow produces over 10k of annual gross income and comes professionally managed and turnkey ready for a savvy investor. Great cash tenant paying $900/month and can be maximized and increased in the future. Home features gorgeous wood flooring through out, large living room, updated kitchen with granite and so much more. Upstairs, find a massive private master bedroom with knotty pine wood paneling. This charming bungalow with full basement is low maintenance and has a newer 3D shingled roof, vinyl windows and tons of curb appeal. Family friendly with generous sized lot and fenced yard. With a great location near Osborn high school, shopping and many dining options, this rental is always in demand. Add this cash flow gem to your portfolio!!!

Details

Property type

Single Family Residence

Est. home value

$66,358

Lot size

4,356 sq ft

Price per sq ft

$97

Year built

1942

Annual property taxes

$1,009

Price History

07/01/2024
Realcomp

Realcomp #20240027047

Price change
$93,000
-2.11%
04/24/2024
Realcomp

Realcomp #20240027047

Listed
$95,000
+287.76%
07/09/2020
Realcomp

Realcomp #2200047815

Sold
$24,500

Schools & Community

Neighborhood: 

Pulaski

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

Argent Mortgage Company Llc

Loan start date

May 2005

Original loan amount

$85,000

Est. remaining balance

Not provided

Interest rate

9.71%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Catherine Edwards

Lender

Argent Mortgage Company Llc

Loan start date

May 2005

Original loan amount

$85,000

Est. remaining balance

Not provided

Interest rate

9.71%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Catherine Edwards

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 7:10 PM

Listing updated: 07/01/2024 at 6:23 PM

Listed by: Hasson Hammoud, U.S. Investor Group Phone #: (313) 644-0034

MLS: Realcomp #20240027047

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