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7342 Cahalan Street

Detroit, MI 48209
  • $139,000
  • STATUS: Active
  • ON SITE: 119 Days
  • ID#: 2220013959
UPDATED: 23 min ago
$139,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,208
    SQFT
  • $63
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:
Zoning:
Multi-Family
Lot Size Dimensions:
30.00X109.00

School Ratings & Info

School District:

Description

Location, location, location! Do not miss out on this property located on Cahalan Street! There is a ton of development going on in the area in anticipation of the International Gordie Howe Bridge. At this price point, this opportunity will not last. Property features 3-2 bedrooms and 1 2 bedroom (basement) Turn this property into long-term passive income! The buyer's agent is to order the reading and it will not be an excuse to delay* closing. Exterior showings only, property sold "As Is".Great Investment opportunity on this 3 unit income property. Each unit has separate utilities and was updated in 2004. This will go quickly. Proof of funds should be provided with offer. Please do not approach tenants-Landlord can show units with approved offer.- *All data and measurements are approx * Buyer/Buyers agent to verify all information and data. *PRE-APPROVED PURCHASER'S ONLY* Buyer to assume all repairs and sign ACR with City of Detroit.

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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/126279408
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7342 Cahalan Street Detroit, MI 48209

  • Price: $139,000
  • Status: Active
  • On Site: 119 Days
  • Updated: 23 min ago
  • ID#: 2220013959
0
Beds
3
Baths
0
½ Baths
0.08
Acres
2,208
SQFT
$63
$/SQFT
1925
Built
Neighborhood:
FERNDALE AVE SUB (PLATS)
County:
Wayne
Area:
Det South Of Grand River
School District:
DETROIT
Property Description
Location, location, location! Do not miss out on this property located on Cahalan Street! There is a ton of development going on in the area in anticipation of the International Gordie Howe Bridge. At this price point, this opportunity will not last. Property features 3-2 bedrooms and 1 2 bedroom (basement) Turn this property into long-term passive income! The buyer's agent is to order the reading and it will not be an excuse to delay* closing. Exterior showings only, property sold "As Is".Great Investment opportunity on this 3 unit income property. Each unit has separate utilities and was updated in 2004. This will go quickly. Proof of funds should be provided with offer. Please do not approach tenants-Landlord can show units with approved offer.- *All data and measurements are approx * Buyer/Buyers agent to verify all information and data. *PRE-APPROVED PURCHASER'S ONLY* Buyer to assume all repairs and sign ACR with City of Detroit.
Exterior Features

Architecture Level 2 Story Architecture Style Upper/Lower Apartment Construction Materials BrickWood Foundation Details Basement Foundation Materials Block Lot Size Dimensions 30.00X109.00 Multifamily Parking On Street Pool YN No Road Frontage Type PavedPub. Sidewalk Waterfront YN No

Interior Features

Basement Type FinishedPrivate Basement YN Yes Baths Total 3.00 Heating Forced AirSeparate Meters Heating Fuel Natural Gas Living Area Source Public Records Sq Ft Combined 3212 Sq Ft Lower Floor 1004 Sq Ft Total Basement 1104 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 2 Unit Two Bed Number Of 1 Water Heater Fuel Natural GasSeparate Meters

Property Features

Assessment 340 Down Payment Resource YN Yes Encroachment YN No Existing Lease YN Yes Gross Scheduled Income 15600.00 Homestead YN No Income Projection Actual Land Contract YN No Listing Financing CashConventional Monthly Rental Income 1300 Number Of Units Leased 3 Ownership Status Short Sale - NoPrivate Owned Percent Homestead Exempt YN No Pets Allowed No Postal City Detroit Protection Period 180 Settlement City Sewer Public Sewer (Sewer-Sanitary)Separate Meters Short Sale No Tax Amount Summer 1468.0000 Tax Amount Winter 135.0000 Title Standard (Private) Total Tax 1603.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 7342 Cahalan Street Water Source Public (Municipal) Year Remodeled 2004 Zoning Multi-Family

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via National Realty Centers, Inc: (248) 724-1234 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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8685 W Grand River Ave
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