19985 Packard Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48234
Key Details
Property Type Single Family Home
Sub Type Bungalow
Listing Status Accepting Backup Offers
Purchase Type For Sale
Square Footage 1,152 sqft
Price per Sqft $82
MLS Listing ID 20251046392
Style Bungalow
Bedrooms 3
Full Baths 2
Year Built 1942
Annual Tax Amount $1,096
Lot Size 4,356 Sqft
Property Sub-Type Bungalow
Property Description
REDUCED! LOCATED 8 MINUTES FROM THE HISTORIC CITY OF HAMTRAMCK YOU WILL FIND 19985 PACKARD NESTLED ON A 4,356 SQUARE FOOT LOT IN THE QUIET SHERWOOD NEIGHBORHOOD OF HOMEOWNERS. THIS BRICK CROWN JEWEL IS RECENTLY REMODELED AND BOASTS 3 SPACIOUS BEDROOMS AND 2 BATHROOMS. IN ADDITION, THIS HOME HAS NEWER ELECTRICAL AND BRAND NEW FURNACE/HOT WATER TANK TO INSURE MAINTENANCE FREE CASH FLOW. MOREOVER, SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY WAS JUST RENTED ON A 2 YEAR LEASE TO A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1,480 ARE ALL PAID IN FULL BY THE FEDERAL GOVERNMENT. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN 22% CASH ON CASH RETURN. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Location
State MI
County Wayne
Area Det 6-8 Dequindre To Conner
Interior
Heating Forced Air
Exterior
Garage Description No Garage
Roof Type Asphalt
Building
Foundation Basement
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional