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$75,000

Beds
3
Baths
1.0
sq ft
1,128

19780 Barlow St, Detroit, MI 48205

19780 Barlow St

Detroit, MI 48205

  • 34 days on market
SECTION 8 ***SKY HIGH ROI OF 12%*** Solid Brick 3 Bed Eastside cash cow produces $11,400 of gross income, professionally managed and turnkey ready for a savvy investor. Section 8 voucher for $950/month can be maximized and increased in the future. 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, detached garage 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

$67,364

Lot size

4,792 sq ft

Price per sq ft

$67

Year built

1947

Annual property taxes

$1,167

Price History

05/29/2024
Realcomp

Realcomp #20230101516

Removed
$75,000
05/29/2024
Realcomp

Realcomp #20240036925

Listed
$75,000
03/20/2024
Realcomp

Realcomp #20230101516

Price change
$75,000
-3.85%

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

Harbor Mortgage Llc

Loan start date

March 2008

Original loan amount

$10,000

Est. remaining balance

Not provided

Interest rate

5.48%

Loan type

Balloon, 7 year

Seller

Lawrence Carter

Lender

Harbor Mortgage Llc

Loan start date

March 2008

Original loan amount

$10,000

Est. remaining balance

Not provided

Interest rate

5.48%

Loan type

Balloon, 7 year

Seller

Lawrence Carter

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 7:30 PM

Listing updated: 06/01/2024 at 12:23 AM

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

MLS: Realcomp #20240036925

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