12935 Payton Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48224
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,636 sqft
Price per Sqft $80
MLS Listing ID 70442598
Style 2 Story
Bedrooms 3
Full Baths 2
Abv Grd Liv Area 1,636
Year Built 1943
Annual Tax Amount $2,118
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 42.00 x 115.00
Property Description
Calling all investors! Fully TURNKEY opportunity and a great addition to your investment portfolio! Fully certified by the City of Detroit, rented, meeting all Section 8 standards, and a ROI of 12.03%. Property features a 3 bedroom 2 bathroom, Section 8 tenant on a yearly lease with a rent of $1,500/month. Seller has other similar properties for sale. Seller and agent are related.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement MI Basement
Interior
Heating Forced Air
Exterior
Parking Features Detached Garage
Garage Spaces 1.0
Garage Yes
Building
Story 2 Story
Foundation Basement,Michigan Basement
Water Public Water
Architectural Style Bungalow
Structure Type Brick
Schools
School District Detroit City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA