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20009 Packard Street

Detroit, MI 48234
  • $59,900
  • STATUS: Active
  • ON SITE: 116 Days
  • ID#: 2210063024
UPDATED: 69 min ago
$59,900
  • 0
    BEDS
  • 0.1
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,824
    SQFT
  • $33
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1926
County:
Zoning:
Multi-Family
Lot Size Dimensions:
35.00X123.00

School Ratings & Info

School District:

Description

Spacious brick multi-family investment opportunity located right between 8 Mile and Van Dyke making it a short distance from a wide selection of stores and restaurants and easy commuting. Each floor has 2 large bedrooms, living room, full bath, and a kitchen. Keep separate or convert into a single large home. Buyer to pay $395 processing fee to listing broker. As-is sale. Buyer responsible for city inspections and/or requirements, if any exist. Land Contract terms available at $75,000.00 purchase price, $25,000.00 down payment, 10% interest, 84 Months Term. $830.00/month, Taxes & Insurance are paid by the purchaser and are not part of the monthly payment.

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than GK Real Estate Team | 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: 2021-11-28T11:56:03.86.
www.gkrealestateteam.com/homes/119991632
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20009 Packard Street Detroit, MI 48234

  • Price: $59,900
  • Status: Active
  • On Site: 116 Days
  • Updated: 69 min ago
  • ID#: 2210063024
0
Beds
2
Baths
0
½ Baths
0.1
Acres
1,824
SQFT
$33
$/SQFT
1926
Built
Neighborhood:
Base Line Sub (Plats)
County:
Wayne
Area:
Det 6-8 Dequindre To Conner
School District:
DETROIT
Property Description
Spacious brick multi-family investment opportunity located right between 8 Mile and Van Dyke making it a short distance from a wide selection of stores and restaurants and easy commuting. Each floor has 2 large bedrooms, living room, full bath, and a kitchen. Keep separate or convert into a single large home. Buyer to pay $395 processing fee to listing broker. As-is sale. Buyer responsible for city inspections and/or requirements, if any exist. Land Contract terms available at $75,000.00 purchase price, $25,000.00 down payment, 10% interest, 84 Months Term. $830.00/month, Taxes & Insurance are paid by the purchaser and are not part of the monthly payment.
Exterior Features

Architecture Level 2 Story Architecture Style Duplex Construction Materials Brick Foundation Details Basement Foundation Materials Block Lot Size Dimensions 35.00X123.00 Pool YN No Road Frontage Feet 35 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

Interior Features

Basement Type CommonUnfinished Basement YN Yes Baths Total 2.00 Heating Forced Air Heating Fuel Natural Gas Living Area Source Public Records Room Count 0 Sq Ft Combined 1824 Sq Ft Total Basement 1216 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 2 Water Heater Fuel Natural Gas

Property Features

Assessment 0 Deposit Amount 25000.00 Down Payment Resource YN Yes Encroachment YN No Existing Lease YN No Gross Scheduled Income 19200.00 Income Projection Projected Inventory List YN No Land Contract YN Yes Land Interest Rate 10 Land Payment 830 Land Terms 84 Legal Rental Certified YN No Listing Financing CashLand ContractTrade/Exchange Monthly Rental Income 1600 Net Operating Income 17000.00 Number Of Units Leased 0 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN Yes Pets Allowed No Postal City Detroit Protection Period 0 Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 1153.0000 Tax Amount Winter 98.0000 Title Private - Owned Total Tax 1251.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 20009 PACKARD ST Water Source Municipal Water Zoning Multi-Family

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than GK Real Estate Team | 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: 2021-11-28T11:56:03.86.
 
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