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$90,000

Beds
3
Baths
1.0
sq ft
914

26739 Yale St, Inkster, MI 48141

26739 Yale St

Inkster, MI 48141

  • 6 days on market
A charming 3-bedroom, 1-bath ranch home in SW Inkster. This 914 sqft property is currently rented with a Section 8 tenant at $1,250 per month, with a lease running through March 2025 and potentially rent increase to $1350+ making it a fantastic cash-flowing investment opportunity. Located just minutes from Michigan Ave and Southfield Fwy, the home features a galley-style kitchen with durable cabinets, newer countertops, and an open window wall providing a view into the spacious living room. The main floor offers new carpet flooring throughout the living room and bedrooms, all easily accessible to the full bathroom with a shower and tub. The property also includes an open yard and a full basement, perfect for additional storage or entertaining. This property is ideal for investors seeking a low-maintenance, income-generating rental in a convenient location. Don’t miss out on this excellent opportunity to expand your portfolio!

Details

Property type

Single Family Residence

Est. home value

$58,735

Lot size

6,098 sq ft

Price per sq ft

$99

Year built

1925

Annual property taxes

$4,289

Price History

09/11/2024
Realcomp

Realcomp #20240068330

Listed
$90,000
+650%
10/31/2016
Realcomp

Realcomp #216081445

Sold
$12,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Westwood

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

Lendinghome Funding Corp

Loan start date

October 2021

Original loan amount

$52,500

Est. remaining balance

Not provided

Interest rate

2.88%

Loan type

Commercial

Seller

Q The Investments Llc

Lender

Lendinghome Funding Corp

Loan start date

October 2021

Original loan amount

$52,500

Est. remaining balance

Not provided

Interest rate

2.88%

Loan type

Commercial

Seller

Q The Investments Llc

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: 09/17/2024 at 10:40 PM

Listing updated: 09/14/2024 at 12:21 PM

Listed by: Timothy Moore, Zest Realty LLC Phone #: (248) 270-8238

MLS: Realcomp #20240068330

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