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17208 Kentucky Street

Detroit, MI 48221
  • $175,000
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: 20240006469
UPDATED: 76 min ago
$175,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,411
    SQFT
  • $73
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1935
County:
Zoning:
Multi-Family
Lot Size Dimensions:
35.00 x 114.00

School Ratings & Info

School District:

Description

*Welcome to 17208 Kentucky in the vibrant Bagley community! This fantastic multifamily property presents a lucrative investment opportunity priced competitively at $175,000. Two bedrooms and 1 bath in each unit. Convenient off-street parking.*Currently, both units are occupied with reliable tenants, each paying $900 per month, providing a steady and attractive income stream for potential investors. Leases are in place, expiring in May 2024, with security deposits to be transferred upon sale. This property promises the convenience of turnkey management.*Both apartments come fully equipped with a stove, refrigerator and ceiling fans. Additionally, each unit has its own washer and dryer for their use. Offering the convenience of in-house laundry facilities, a sought-after amenity, enhances the overall tenant experience. *Upgrades include new furnaces (2022) for both units. New carpeting. Updated kitchens and baths. City of Detroit Rental Certificate of Compliance inspection recently completed and PASSED!*For interested parties, showings will be scheduled exclusively with an accepted offer. Don't miss out on this opportunity to own a well-maintained, income-generating multifamily property in the heart of the Bagley community. BATVAI.

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via Real Estate For A CAUSE and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-03-02T23:57:02.01.
www.refacmi.com/homes/147222360
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17208 Kentucky Street Detroit, MI 48221

  • Price: $175,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 76 min ago
  • ID#: 20240006469
0
Beds
2
Baths
0
½ Baths
0.09
Acres
2,411
SQFT
$73
$/SQFT
1935
Built
Neighborhood:
AURORA PARK SUB (PLATS)
County:
Wayne
Area:
Det 6-8 Grfld-dequindre
School District:
DETROIT
Property Description
*Welcome to 17208 Kentucky in the vibrant Bagley community! This fantastic multifamily property presents a lucrative investment opportunity priced competitively at $175,000. Two bedrooms and 1 bath in each unit. Convenient off-street parking.*Currently, both units are occupied with reliable tenants, each paying $900 per month, providing a steady and attractive income stream for potential investors. Leases are in place, expiring in May 2024, with security deposits to be transferred upon sale. This property promises the convenience of turnkey management.*Both apartments come fully equipped with a stove, refrigerator and ceiling fans. Additionally, each unit has its own washer and dryer for their use. Offering the convenience of in-house laundry facilities, a sought-after amenity, enhances the overall tenant experience. *Upgrades include new furnaces (2022) for both units. New carpeting. Updated kitchens and baths. City of Detroit Rental Certificate of Compliance inspection recently completed and PASSED!*For interested parties, showings will be scheduled exclusively with an accepted offer. Don't miss out on this opportunity to own a well-maintained, income-generating multifamily property in the heart of the Bagley community. BATVAI.
Exterior Features

Architecture Level 2 Story Architecture Style Upper/Lower Apartment Construction Materials Brick Exterior Features Fenced Foundation Details Basement Foundation Materials Block Lot Size Dimensions 35.00 x 114.00 Parking Total 1 Pool YN No Road Frontage Feet 35 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 2.00 Cooling Ceiling Fan(s) Fireplace YN No Heating Forced Air Heating Fuel Natural Gas Interior Features Laundry Facility Laundry Facilities YN Yes Living Area Source Public Records Sq Ft Combined 2411 Sq Ft Total Basement 1138 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 2 Water Heater Fuel Natural Gas

Property Features

Assessment 240.00 Down Payment Resource YN Yes Existing Lease YN Yes Gross Scheduled Income 21600.00 Homestead YN No Income Projection Actual Land Contract YN No Legal Rental Certified YN Yes Listing Financing CashConventional Monthly Rental Income 1800 Number Of Units Leased 2 Ownership Status Short Sale - NoPrivate Owned Percent Homestead Exempt YN No Pets Allowed No Postal City Detroit Protection Period 90 Rent Includes Water Settlement City Sewer Sewer at Street Short Sale No Tax Amount Summer 5806.0000 Tax Amount Winter 225.0000 Title Standard (Private) Total Tax 6031.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 17208 KENTUCKY Street Water Source Water at Street Zoning Multi-Family

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Signature Sotheby's International Realty Nvl: (248) 378-1000 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Real Estate For A CAUSE and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-03-02T23:57:02.01.
 
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