tomo logo

$95,000

Beds
3
Baths
2.0
sq ft
1,053

19962 Strasburg St, Detroit, MI 48205

19962 Strasburg St

Detroit, MI 48205

  • 50 days on market
    • Price drop $4,125↓
Welcome to 19962 Strasburg St, located in the heart of Detroit, MI. This charming property presents an excellent opportunity for investors or homeowners alike. Currently occupied by a Sec 8 tenant, this well-maintained home offers immediate rental income of $1200 per month, providing a lucrative investment opportunity from day one. Featuring 3 bedrooms and 1 full and 2 half bathrooms, this home was newly renovated thought out. Property comes with fenced in lot, offering ample outdoor space for relaxation. With its desirable location and steady rental income, this property is sure to attract savvy investors seeking a promising addition to their portfolio. Don't miss out on this incredible opportunity to own a lucrative investment property in Detroit. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$90,606

Lot size

5,227 sq ft

Price per sq ft

$91

Year built

1949

Price History

06/27/2024
Realcomp

Realcomp #20240032444

Price change
$95,000
-4.16%
06/06/2024
Realcomp

Realcomp #20240032444

Price change
$99,125
-3.29%
05/13/2024
Realcomp

Realcomp #20240032444

Listed
$102,500
+28.13%

Schools & Community

Neighborhood: 

Greensbriar

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

Heartwell Mortgage Corp

Loan start date

October 2006

Original loan amount

$80,198

Est. remaining balance

$51,564

Interest rate

6.52%

Loan type

FHA, 30 year

Seller

Ladonna Byrd

Lender

Heartwell Mortgage Corp

Loan start date

October 2006

Original loan amount

$80,198

Est. remaining balance

$51,564

Interest rate

6.52%

Loan type

FHA, 30 year

Seller

Ladonna Byrd

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 7:15 PM

Listing updated: 06/27/2024 at 9:53 PM

Listed by: Daryl B Harris, Black Diamond Realty Phone #: (313) 612-3277

MLS: Realcomp #20240032444

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