$115,000 for Sale
19958 washburn street, detroit, MI 48221
| Beds 3 | Baths 1 | 1,046 Sqft | 0.10 Acres |
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Property Description
LOCATED JUST 7 MINUTES FROM THE HISTORIC UNIVERSITY DISTRICT , YOU WILL FIND 19958 WASHBURN NESTLED ON A 4,356 SQUARE FOOT LOT IN THIS QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOASTS A NEWER ROOF AND HAS RECENTLY BEEN REMODELED AND BOASTS 3 SPACIOUS BEDROOMS. IN ADDITION, THIS HOME HAS BRAND NEW ELECTRICAL, PLUMBING, AND NEW FURNACE/HOT WATER TANK TO ENSURE MAINTENANCE FREE CASH FLOW. MOREOVER, SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY WAS JUST RENTED ON A 2 YEAR LEASE TO A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1,681 ARE ALL PAID IN FULL BY THE FEDERAL GOVERNMENT. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN 22% CASH ON CASH RETURN. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
General Information
Sale Price: $115,000
Price/SqFt: $110
Status: Active
MLS#: rcomi20251056397
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: grand park
Acres: 0.1
Lot Dimensions: 40X114
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 1,046 sq.ft.
Acreage: 0.1 est.
Year Built: 1955
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: No Garage
Construction: Brick
Exterior: Brick
Basement: No
Foundation : Slab
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $1,431
Est. Winter Taxes: $1,703
Legal Description: E WASHBURN 176 GRAND PARK SUB L42 P16 PLATS, W C R 16/404 40 X 114
IDX provided courtesy of Realcomp II Ltd. via Ideal Real Estate Advisors and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders
Listing By: Lauryn Johnson of KW Domain, Phone: (248) 590-0800
