tomo logo

$135,000

Beds
3
Baths
1.0
sq ft
1,133

6771 Cadillac Ave, Warren, MI 48091

6771 Cadillac Ave

Warren, MI 48091

  • 20 days on market
Investor's Dream at 6771 Cadillac, Warren, MI! HOME IS TENANT OCCUPIED, PLEASE DO NOT DISTURB. RENTAL CERTIFIED! Unlock a fantastic investment opportunity with this fully updated 3-bedroom, 1-bath home, currently rented out for $1,495 per month with 8 months left on the lease! With a spacious 1,100+ sq ft layout, this property promises an impressive ROI of over 22% with traditional financing The home boasts a new roof with a 10-year transferable warranty, providing peace of mind for years to come. Inside, modern interiors feature fresh paint and new vinyl flooring throughout. The stylish kitchen is equipped with new white shaker cabinets and granite countertops, making it attractive for tenants. A reliable forced air heating system ensures comfort during colder months, while new light fixtures, outlets, vent covers, and doors enhance the overall appeal. This charming property is not only a solid investment but also offers potential for increased rental income as the market continues to grow. Don’t miss out on this opportunity—schedule a viewing today and add this profitable asset to your portfolio! Home is agent owned.

Details

Property type

Single Family Residence

Est. home value

$71,642

Lot size

3,920 sq ft

Price per sq ft

$120

Year built

1947

Annual property taxes

$1,457

Price History

10/23/2024
Realcomp

Realcomp #20240080223

Listed
$135,000
-6.9%
07/17/2024
Realcomp

Realcomp #20240047611

Removed
$145,000
07/03/2024
Realcomp

Realcomp #20240047611

Listed
$145,000
+123.08%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Center Line

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

Not Available

Loan start date

October 2023

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

7.18%

Loan type

Land Contract (Argmt. Of Sale)

Seller

Bellator Properties 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: 11/12/2024 at 5:55 PM

Listing updated: 10/24/2024 at 6:06 AM

Listed by: Ahsan Tarar, KW Domain Phone #: (248) 590-0800

MLS: Realcomp #20240080223

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