tomo logo

$99,000

Beds
3
Baths
1.5
sq ft
1,094

9575 Rutland St, Detroit, MI 48227

9575 Rutland St

Detroit, MI 48227

  • 62 days on market
NEWER ROOF, WINDOWS, MECHANICALS, FLOORING**TURNKEY INVESTOR SPECIAL**PERFECT RENTAL**HIGH ROI**Detroit Westside Bungalow currently rented to a cash tenant for $950 per month. Professionally managed with rental ledgers available. Well maintained brick property features 3 bed/1 1/2 baths. Home features include gorgeous wood flooring throughout home, large living room and dedicated dining room. Kitchen has newer cabinets and granite. Upstairs master bedroom is spacious and private. Full basement has additional bathroom and laundry room. Walking distance to schools, parks and eateries. Reliable performing rental that would make a great addition to your portfolio. Call for details, this one will move fast. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

Details

Property type

Single Family Residence

Est. home value

$80,597

Lot size

4,356 sq ft

Price per sq ft

$91

Year built

1942

Annual property taxes

$1,182

Price History

05/01/2024
Realcomp

Realcomp #20240029038

Listed
$99,000
+296%
12/29/2020
Realcomp

Realcomp #2200098283

Sold
$25,000

Schools & Community

Neighborhood: 

Grandale

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

Fremont Investment & Loan

Loan start date

October 2005

Original loan amount

$89,001

Est. remaining balance

Not provided

Interest rate

7.95%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Ronnie L Chandler

Lender

Fremont Investment & Loan

Loan start date

October 2005

Original loan amount

$89,001

Est. remaining balance

Not provided

Interest rate

7.95%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Ronnie L Chandler

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 6:55 PM

Listing updated: 06/19/2024 at 7:13 PM

Listed by: Hasson Hammoud, U.S. Investor Group Phone #: (313) 644-0034

MLS: Realcomp #20240029038

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