Detroit, MI 48227,14047 MARLOWE Street

$95,000

Est. payment /mo

$109,900

13.6%
Est.Price: ?

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14047 MARLOWE Street Detroit, MI 48227

3 Beds

1 Bath

1,441 SqFt

SOLD DATE : 05/24/2024

Key Details

Sold Price $95,000

Property Type Single Family Home

Sub Type Colonial

Listing Status Sold

Purchase Type For Sale

Square Footage 1,441 sqft

Price per Sqft $65

Subdivision B E Taylors Monmoor (Plats)

MLS Listing ID 20240005283

Sold Date 05/24/24

Style Colonial

Bedrooms 3

Full Baths 1

HOA Y/N no

Originating Board Realcomp II Ltd

Year Built 1927

Annual Tax Amount $1,888

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 35.00 x 100.00

Property Description

Can be purchased in a package deal! 10% off discount if purchased with 20110 Stotter - another amazing occupied investment property.

Welcome to 14047 Marlowe St., a fantastic property that comes with the security of a Section 8 lease. This 3-bedroom, 1-bathroom residence offers a unique opportunity for savvy investors looking to add a valuable asset to their portfolio.

Situated in Detroit, Michigan, this property is strategically located in an area with potential for growth and development. Take advantage of the city's revitalization and be part of its promising future.

The spacious layout of this colonial home makes it an ideal rental property. With three bedrooms, tenants will enjoy comfort and ample living space, contributing to long-term tenant satisfaction.

This property comes with the added benefit of a tenant already on a Section 8 lease. Enjoy the stability and guaranteed income that comes with this government-backed program, providing a reliable source of rental payments.

Whether you're a seasoned investor or just starting, 14047 Marlowe St. is a great addition to your portfolio. The property's current Section 8 lease offers a hassle-free investment experience, and Detroit's ongoing urban development makes it an attractive market for real estate investments.

Detroit is experiencing a resurgence, and investing in this property puts you in a position to benefit from potential future appreciation. Take advantage of the increasing demand for rental properties in this evolving market.

The home's colonial architecture adds character and appeal, making it an attractive option for potential tenants. Invest in a property that not only provides financial returns but also stands out in the market.

Don't miss out on this incredible investment opportunity at 14047 Marlowe St. Secure your future with a property that combines the stability of a Section 8 lease, the potential for appreciation, a

Location

State MI

County Wayne

Area Det 6-Tire - Grnfld - Livernois

Direction Going west on Grand River, turn right onto Marlowe. House will be on your left.

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Description No Garage

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Sewer at Street

Water Water at Street

Architectural Style Colonial

Warranty No

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W22I041358S

Ownership Short Sale - No,Private Owned

Assessment Amount $240

Acceptable Financing Cash, Conventional, FHA, VA

Rebuilt Year 2022

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

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Realcomp MLS
Listed by Alan C Robson of EXP Realty LLC
Bought with Rockpoint Properties LLC
agent

Craig Ward

Agent | License ID: 382487

+1(248) 217-1905

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