8766 Agnes St

    Detroit, MI 48214
    • $233,500
    • STATUS: Active
    • ON SITE: 90 days
    • MLS #: R219084333
    UPDATED: 59 min ago
    $233,500
    • 0
      BEDS
    • 0.07
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,367
      SQFT
    • $99
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1915
    County:

    School Ratings & Info

    School District:

    Description

    Turnkey investment on this Tri-Plex is located on the corner of Agnes and Crane street in English Village. Located few blocks away Sister's Pie and Red Hook Cafes, Vegan Soul and Craftwork fine restaurants of West Village this triplex is a perfect investment opportunity!! The building produces $2000 + laundry /month gross rent with rents significantly under market value. One unit is fully renovated with new kitchen, bathroom and fresh paint top to bottom. Minor cosmetic improvements would allow for a 50%-80% rent increase. 2 BR unit upstairs- below market rate of $650/month long term tenant for 5 years. 1 BR unit downstairs - below market rate $600 long term tenant for 3 years. 1BR unit downstairs- new lease for $750/month..

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    © 2019 Ann Arbor Area Association of Realtors 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 Tyler Stipe Team | RE/MAX Platinum. Data last updated: 2019-11-15T14:12:59.443.
    www.tylerstipeteam.com/homes/98033707

    8766 Agnes St Detroit, MI 48214

    • Price: $233,500
    • Status: Active
    • Updated: 59 min ago
    • MLS #: R219084333
    0
    Beds
    3
    Baths
    0
    ½ Baths
    0.07
    Acres
    2,367
    SQFT
    $99
    $/SQFT
    1915
    Built
    Neighborhood:
    Glr Out Of Area
    County:
    Wayne
    Area:
    Glr Out Of Area
    School District:
    DETROIT
    Property Description
    Turnkey investment on this Tri-Plex is located on the corner of Agnes and Crane street in English Village. Located few blocks away Sister's Pie and Red Hook Cafes, Vegan Soul and Craftwork fine restaurants of West Village this triplex is a perfect investment opportunity!! The building produces $2000 + laundry /month gross rent with rents significantly under market value. One unit is fully renovated with new kitchen, bathroom and fresh paint top to bottom. Minor cosmetic improvements would allow for a 50%-80% rent increase. 2 BR unit upstairs- below market rate of $650/month long term tenant for 5 years. 1 BR unit downstairs - below market rate $600 long term tenant for 3 years. 1BR unit downstairs- new lease for $750/month..
    Exterior Features

    Lot Dimensions 30.00X100.00 Parking Spaces 0

    Interior Features

    Basement Yes Num Efficiencies 0 Num One Bed Units 0 Num Three Bed Units 0 Num Two Bed Units 0 Sq Ft Finished Above Grade 2367 Sq Ft Finished Below Grade 0 Sq Ft Total Finished 2367 Total Bedrooms 0

    Property Features

    Agreement Type Exclusive Rt To Sell Annual Rental Income Realcomp Annual Rental Income1 0.00 Certified Year 0 City Or Township City Exp From Tax Return 0.00 Legal Description S Agnes 57 Oldes Sub L12 P40 PlatsWcr 19/20 30 X 100 Misc Expenses 0.00 Ownership Private Owned Projected Or Actual Projected State Eq Value 7300 State Eq Value Year 0 Summer Taxes 0.00 Summer Taxes Year 0 Tax Value 7300 Tax Value Year 0 Tax Year 0 Taxes 971.00 Winter Taxes 0.00 Winter Taxes Year 0 Zoning Multi-Family

    Listing provided courtesy of Re/Max Leading Edge.


    © 2019 Ann Arbor Area Association of Realtors 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 Tyler Stipe Team | RE/MAX Platinum. Data last updated: 2019-11-15T14:12:59.443.
     
    Tyler Stipe Team | RE/MAX Platinum
    325 W Eisenhower Pkwy
    Ann Arbor MI, 48103