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7508 Asbury Park

Detroit, MI 48228
  • $63,000/mo.
  • STATUS: Active
  • ON SITE: 130 Days
  • MLS #: 2220022659
Rental
UPDATED: 27 min ago
$63,000/mo.
Rental
  • 3
    BEDS
  • 0.1
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 904
    SQFT
Type:
Rentals
Built:
1943
County:

School Ratings & Info

School District:

Description

This could be your home or the next cash-cow in your portfolio current rent $800 a month and that is WAY below market value/average, great opportunity to increase rent and cashflow, current lease is month to month, tenant is current! Cute as a button 3 bedroom 1 bath Bungalow with covered porch on a partially finished basement. 2 car detached garage in a fenced yard with back patio. This home is just waiting for your updates. Cash or Conv. Home sold as is and buyer to pay any back water and taxes. Close to grocery, shopping, and major freeways that will have you in the suburbs or downtown in minutes. Please do not disturb tenants this property is occupied. Due to COVID protocol there will be no showings on tenant occupied property without an accepted offer. All information to be confirmed by the buyer and/or their agent(s) Almost 14% gross cash on cash return & beats the 1% rule! (1.14)

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©2022 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Tom Lipinski Team at Keller Williams Lakeside Market Center. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2022-08-13T22:49:47.947.
www.buyeastsidehomes.com/homes/127376422
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7508 Asbury Park Detroit, MI 48228

  • Price: $63,000/mo.
  • Status: Active
  • On Site: 130 Days
  • Updated: 27 min ago
  • MLS #: 2220022659
3
Beds
1
Baths
0
½ Baths
0.1
Acres
904
SQFT
1943
Built
Neighborhood:
Morin Park Sub No 1(Plats)
County:
Wayne
Area:
Detroit (82001)
School District:
Detroit City School District
Property Description
This could be your home or the next cash-cow in your portfolio current rent $800 a month and that is WAY below market value/average, great opportunity to increase rent and cashflow, current lease is month to month, tenant is current! Cute as a button 3 bedroom 1 bath Bungalow with covered porch on a partially finished basement. 2 car detached garage in a fenced yard with back patio. This home is just waiting for your updates. Cash or Conv. Home sold as is and buyer to pay any back water and taxes. Close to grocery, shopping, and major freeways that will have you in the suburbs or downtown in minutes. Please do not disturb tenants this property is occupied. Due to COVID protocol there will be no showings on tenant occupied property without an accepted offer. All information to be confirmed by the buyer and/or their agent(s) Almost 14% gross cash on cash return & beats the 1% rule! (1.14)
Exterior Features

Exterior Construction Vinyl Siding Exterior Features Porch Foundation Type Basement Frontage 40 Garage Type Detached Garage Lot Size 40.00X110.00 Roads Paved Street Structure Style 1 1/2 Story Styles Bungalow Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Below Grade Sq Ft 500 Fireplace YN No Fuel Type Natural Gas Heating System Forced Air Total Rooms 7 Water Heater Gas

Property Features

Assessments Amount 0 Association Fee YN No Financial Terms CashConventional For Sale Or Rent For Sale Lease YN Yes Manufactured YN No Municipality Detroit Municipality Type City Occupancy Days Subject To Tenant Rights Principal Res Exempt YN No SEV 10500 Subject To Short Sale Approval No Summer Tax Amount 844 Total Tax Amount 938 Winter Tax Amount 94

Listing courtesy of Tradewinds Development Group, Llc : 248-209-6755.

Source MLS: MiRealSource
Originating MLS: Realcomp

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


©2022 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Tom Lipinski Team at Keller Williams Lakeside Market Center. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2022-08-13T22:49:47.947.
 
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The Tom Lipinski Team at Keller Williams Lakeside Market Center
45609 Village Blvd.
Shelby Township MI, 48315