tomo logo

$129,750

Beds
4
Baths
1.0
sq ft
1,000

8265 Ashton Ave, Detroit, MI 48228

8265 Ashton Ave

Detroit, MI 48228

  • 187 days on market
    • Price drop $250↓
(((oh))) W(@)W - - LOOK ! Finally I can discover the future of smart investing witha great TURNKEY investor special in the BOOMING city of Detroit: Certified, Rented and VERY Profitable! If you are looking for a hassle-free and lucrative investment opportunity in one of the world's top property markets, this is the deal for you. This property features: A SECTION 8 Tenant - paying $1,500 per month, giving you a secure and steady income stream. A 13.04% ROI - making this one of the best investments anywhere. 3 Bedrooms with 1 Bathroom A Fully CERTIFIED and UPDATED property - meeting all the city and section 8 standards, saving you time and money on repairs and inspections. A prime location in Detroit, a city that is experiencing a remarkable economic and cultural revival, attracting businesses, tourists and many new residents. With this property you won't have to do anything but collect the rent checks. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. DO NOT DISTURB TENANTS. CONTACT US TODAY TO MAKE THIS PROPERTY YOURS! SELLER HAS 10 OTHER SECTION 8 PROPERTIES FOR SALE IF YOU WOULD LIKE TO BUY A PACKAGE. Property Management by Neighborhood Legal Services Michigan Lease Term: 9/25/23 – 9/30/24. [[ Seller has multiple properties that can be bundled as package deal: 15776 Ardmore, 12935 Payton, 12110 Braile, 8666 Burt, 20006 Ohio, 19347 Conley, 18671 Shields, 19751 Fenelon, 8265 Ashton, 19260 Revere, 472 Wyoming, 12930 E Canfield, 9129 Forrer ]]

Details

Property type

Single Family Residence

Est. home value

$64,311

Lot size

Unknown

Price per sq ft

$130

Year built

1942

Annual property taxes

$1,049

Price History

02/20/2024
Realcomp

Realcomp #20230105916

Price change
$129,750
-0.19%
12/28/2023
Realcomp

Realcomp #20230105916

Listed
$130,000

Schools & Community

Neighborhood: 

Warrendale

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

Ocwen Loan Servicing Llc

Loan start date

August 2007

Original loan amount

$54,400

Est. remaining balance

Not provided

Interest rate

6.63%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

Yvonne Townsend

Lender

Ocwen Loan Servicing Llc

Loan start date

August 2007

Original loan amount

$54,400

Est. remaining balance

Not provided

Interest rate

6.63%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

Yvonne Townsend

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 7:05 PM

Listing updated: 02/20/2024 at 1:23 PM

Listed by: John Haughton, Community Choice Realty Inc Phone #: (248) 729-0011

MLS: Realcomp #20230105916

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