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$155,000

Beds
6
Baths
2.0
sq ft
2,274

6061 15th St, Detroit, MI 48208

6061 15th St

Detroit, MI 48208

  • 30 days on market
    • Price drop $4,900↓
LOCATED JUST MINUTES FROM THE INFAMOUS MOTOWN MUSEUM AND NORTH END DISTRICT, YOU WILL FIND 6061 15TH STREET NESTLED ON A 3,484 SQ. FOOT LOT IN THE NEW CENTER NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL DUPLEX CONSISTS OF 2 RECENTLY REMODELED 3 BED ROOM UNITS, WHILE BOASTING A BRAND NEW ROOF WITH 40 YEAR HIGH DEFINITION SHINGLES. EACH UNIT HAS BEEN CAREFULLY UPGRADED IN ADDITION TO A NEW HOT WATER TANK. THE ENTIRE COMPLEX HAS BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. FURTHERMORE, EACH SPACIOUS UNIT HAS FRESHLY ROLLED PAINT AND HARDWOOD FLOORS. THE UNITS ARE LEASED TO SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 1275 and 1368 total of 2693 ARE PAID IN FULL BY SECTION 8. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN A NEAR 22 PERC CASH ON CASH RETURN. PROPERTY TAXES HAVE BEEN REDUCED TO ROUGHLY 150 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Details

Property type

Single Family Residence

Est. home value

$152,652

Lot size

3,485 sq ft

Price per sq ft

$69

Year built

1905

Annual property taxes

$1,078

Price History

09/05/2024
Realcomp

Realcomp #20240061757

Price change
$155,000
-3.06%
08/29/2024
Realcomp

Realcomp #20240061757

Price change
$159,900
-8.63%
08/20/2024
Realcomp

Realcomp #20240061757

Listed
$175,000
+16.67%

Schools & Community

Neighborhood: 

NW Goldberg

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

Decision One Mortgage Company Llc

Loan start date

March 2005

Original loan amount

$62,100

Est. remaining balance

Not provided

Interest rate

9.64%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Terrance J Coombs and Dionne Coombs

Lender

Decision One Mortgage Company Llc

Loan start date

March 2005

Original loan amount

$62,100

Est. remaining balance

Not provided

Interest rate

9.64%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Terrance J Coombs and Dionne Coombs

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: 09/19/2024 at 3:15 PM

Listing updated: 09/05/2024 at 3:31 PM

Listed by: Marta Kopania, 1st Michigan Real Estate Phone #: (734) 301-6553

MLS: Realcomp #20240061757

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