2879-2881 Ewald Circle
Detroit, MI 48238

Description

A prime turn key investment opportunity awaits with a 14% ROI. Two unit brick duplex with full remodel with shared basement. Each unit (2 beds and 1 full bath) is fully equipped with a new kitchen, bath, flooring, windows, fresh paint, electrical, plumbing, furnace, water heater with up to date code natural gas lines and plumbing. The kitchen has a new stove and fridge in each unit, included in the purchase. New windows throughout including basement windows. Basement is vented for washer and dryer units if desired. Both units currently leased. Upper unit for $700 per month plus $35.00 water fee. Bottom unit is leased for $750 plus $35.00 water fee per month. Roof is in good condition. Rental CO is complete and will be provided at closing. Warranty deed provided. Nothing is left undone! Lot dimensions are approximate, agents to verify.

Details

MLS#219018412
Sub-TypeResale
StatusActive
Year1943
Days On Site104

Features

SQ Feet1,450
Units2
Building(s)1

Market Activity 48238

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Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48238
AreaDet 6-Tire - Grnfld - Livernois
Listing VS Median (in 48238)
Price:
$85,900
low | high
Med:
$36,900
100% of Average
SqFt:
1,450
low | high
Med:
1,404
53.172413793103% of Average
$ / SqFt:
$59
low | high
Med:
$26
100% of Average
On Site:
104
low | high
Med:
12
100% of Average
Listing Updated: 06/17/2019
MLS Number: 219018412
Listing Provided By:
Cassandra Dunn  of  Mi Choice Realty
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