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2675 W Buena Vista Street

Detroit, MI 48238
  • $239,900
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: 20221000556
Foreclosure
UPDATED: 30 min ago
$239,900
  • 0
    BEDS
  • 0.09
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 3,130
    SQFT
  • $77
    $/SQFT
Type:
Multi-Family
Built:
1925
County:
Zoning:
Multi-Family
Lot Size Dimensions:
44.00 X 92.00

School Ratings & Info

School District:

Description

LOCATED 6 MINUTES FROM THE INFAMOUS BOSTON EDISON HISTORIC DISTRICT, YOU WILL FIND 2675 WEST BUENA VISTA NESTLED ON A 3,990 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL DUPLEX CONSISTS OF 4 RECENTLY REMODELED 1 BED ROOM UNITS. EACH UNIT HAS BEEN UPGRADED AND HAS NEWLY INSTALLED FURNACES AND HOT WATER TANKS. IN ADDITION, EACH UNIT HAS ENTIRELY BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. FURTHERMORE THE ENTIRE COMPLEX HAS NEW ELECTRICAL AND PLUMBING FROM TOP TO BOTTOM. EACH SPACIOUS UNIT HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THE UNITS ARE ALL LEASED TO SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS ARE PAID BY SECTION 8 AS FOLLOWS: $985, $905, $905, $905 TOTALING $3,700. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN A NEAR 20% CASH ON CASH RETURN. PROPERTY TAXES HAVE BEEN REDUCED TO ROUGHLY $200 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via Novak & Associates | Real Estate One and Realcomp, © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Novak & Associates | Real Estate One 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: 2022-06-30T17:59:29.247.
www.dannovakproperties.com/homes/129559472
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2675 W Buena Vista Street Detroit, MI 48238

  • Price: $239,900
  • Status: Active
  • On Site: 23 Days
  • Updated: 30 min ago
  • ID#: 20221000556
0
Beds
3
Baths
1
½ Baths
0.09
Acres
3,130
SQFT
$77
$/SQFT
1925
Built
Neighborhood:
Bungalo Grove Sub (Plats)
County:
Wayne
Area:
Det: Livernois-i75 6-gd River
School District:
DETROIT
Property Description
LOCATED 6 MINUTES FROM THE INFAMOUS BOSTON EDISON HISTORIC DISTRICT, YOU WILL FIND 2675 WEST BUENA VISTA NESTLED ON A 3,990 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL DUPLEX CONSISTS OF 4 RECENTLY REMODELED 1 BED ROOM UNITS. EACH UNIT HAS BEEN UPGRADED AND HAS NEWLY INSTALLED FURNACES AND HOT WATER TANKS. IN ADDITION, EACH UNIT HAS ENTIRELY BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. FURTHERMORE THE ENTIRE COMPLEX HAS NEW ELECTRICAL AND PLUMBING FROM TOP TO BOTTOM. EACH SPACIOUS UNIT HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THE UNITS ARE ALL LEASED TO SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS ARE PAID BY SECTION 8 AS FOLLOWS: $985, $905, $905, $905 TOTALING $3,700. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN A NEAR 20% CASH ON CASH RETURN. PROPERTY TAXES HAVE BEEN REDUCED TO ROUGHLY $200 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST
Exterior Features

Architecture Level 2 Story Architecture Style Quadruplex Construction Materials Brick Foundation Details SlabBasementMichigan Basement Foundation Materials BlockStone Lot Size Dimensions 44.00 X 92.00 Parking Total 0 Pool YN No Road Frontage Type Private Waterfront YN No

Interior Features

Basement Type Interior Entry (Interior Access)Unfinished Basement YN Yes Baths Total 3.10 Fireplace YN No Heating Hot Water Heating Fuel Natural GasWood Living Area Source Public Records Sq Ft Combined 3130 Sq Ft Total Basement 1565 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 4 Unit Three Bed Number Of 0 Unit Two Bed Number Of 0

Property Features

Assessment 340.00 Down Payment Resource YN Yes Existing Lease YN Yes Gross Scheduled Income 44000.00 Homestead YN No Income Projection Actual Land Contract YN No Legal Rental Certified YN Yes Listing Financing CashConventional Monthly Rental Income 3700 Number Of Units Leased 4 Ownership Status Bank OwnedShort Sale - No Percent Homestead Exempt YN No Pets Allowed Call Postal City Detroit Protection Period 0 Restrictions YN No Settlement City Sewer Sewer At Street Short Sale No Tax Amount Summer 1524.0000 Tax Amount Winter 144.0000 Title Real Estate Owned (Bank) Total Tax 1668.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 2675 W Buena Vista Street Water Source Water At Street Zoning Multi-Family

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Discover Real Estate: (586) 770-6565 and Realcomp, ©2022 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Novak & Associates | Real Estate One and Realcomp, © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Novak & Associates | Real Estate One 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: 2022-06-30T17:59:29.247.
 
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