$175,000
- Beds
- 6
- Baths
- 2.0
- sq ft
- 2,039
3990 Beaconsfield St, Detroit, MI 48224
3990 Beaconsfield St
Detroit, MI 48224
- 12 days on market
- Price drop $25,000↓
LOCATED 7 MINUTES FROM THE INFAMOUS CITY OF GROSSE POINTE AND JEFFERSON/CHALMERS, YOU WILL FIND 3990 BEACONSFIELD NESTLED ON A HUGE 4,356 SQUARE FOOT LOT IN THE QUIET "MORNINGSIDE" NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A BRAND NEW 40 YEAR TEAR OFF ROOF TOWERING OVER TWO SPACIOUS 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND 2 HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS NEWER ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1413 AND $1277 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING TOTAL OF $2690. THESE TENANTS PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Details
Property type
Single Family Residence
Lot size
4,356 sq ft
Price per sq ft
$86
Year built
1927
Annual property taxes
$1,249
Price History
10/30/2024
Realcomp #20240080395
Price change
$175,000
-12.5%
10/23/2024
Realcomp #20240080395
Listed
$200,000
+370.59%
08/01/2023
Realcomp #20230034785
Sold
$42,500
+112.5%
Schools & Community
Neighborhood:
Morningside
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
School district:
Detroit
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Status: Active
Tomo last checked: 11/05/2024 at 3:35 AM
Listing updated: 10/30/2024 at 9:20 AM
Listed by: Marta Kopania, 1st Michigan Real Estate Phone #: (734) 301-6553
MLS: Realcomp #20240080395
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