8323 Appoline St, Detroit, MI 48228

3 beds, 3 baths, 1,456 sqft
Sold: $60,000
Sold on 10/09/13
Zestimate®: $60,668
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WONDERFUL SINGLE FAMILY INVESTMENT HOME FOR ONLY $58,900!
Warranty Deed Provided! LAND SALES CONTRACT POSSIBLE WITH 30% DOWN. See all of our turnkey investment properties at: http://investmentsforu.com
Investors, great deal on this truly turn-key, solid brick home for years of future happiness and wealth! This belongs in your buy-and-hold portfolio so you can collect rental income! This is a great property in a great neighborhood. Wonderful tenant in place!
This is a turn-key, large, brick single family home, approximately 1,445 sq.ft. with 3 bedrooms, 2 1/2 baths (!), a great fireplace made of Italian marble with a large mirror hanging over it in the living room, plus full basement!
Double lot; comes with a detached 2-car garage! Updated electrical.
Copper plumbing, newer roof, plaster cove ceilings, natural birch woodwork throughout! All appliances included (WDSR). No rehab required!
This property on Appoline is the Aviation Subdivision of Detroit in a great neighborhood! Great investment property which grosses over $7,000 in annual gross rent! Built in 1938. Lot size = approximately 10,018 square feet or .23 acre!
Located in a residential mostly-all brick neighborhood in Detroit, and brick properties are always in demand by both homeowners and renters!
Municipal water, fuel = gas, heating = recirculating hot water.
Property taxes = $2,673. Surrounded by great similar properties!
We have the most excellent boots-on-the ground property managers who have tenants in place at only 10% management fee for your investment! One-stop shopping! We do it all! This is the best time in history to invest in real estate!
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Facts
  • Lot: 10,149 sqft
  • Single Family
  • Built in 1938
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Oct 2013 for $60,000
  • Price/sqft: $41
Features
  • Finished basement, 933 sqft
  • Fireplace
  • Parking: Garage - Detached, 1 space, 360 sqft
  • Wired
Construction
  • Exterior material: Brick
  • Roof type: Asphalt
  • # Stories: 2.0
  • Structure type: Other
Other
  • Floor size: 1,456 sqft
  • Lot depth: 120
  • Lot width: 84
  • Parcel #: 220219723
  • Zillow Home ID: 88207628
Home Values
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$60,668
+$2,638 Last 30 daysd
$44K
$80K
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The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$803/mo
-$5 Last 30 daysd
$707
$1K
Zestimate range
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Neighborhood for 8323 Appoline Street

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Zillow predicts Aviation Sub. home values will rise 5.5% next year, compared to a 0% increase for Detroit as a whole. Among Aviation Sub. homes, this home is valued 33.6% more than the midpoint (median) home, and is valued 13.9% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the Aviation Sub. market, the number of foreclosures waiting to be sold dropped 115% in the last year. The number of unsold foreclosures is 38.6% greater than in Detroit, and 570.1% higher than the national average. This higher local number may prevent Aviation Sub. home values from rising as quickly as other regions in Detroit.

Learn more about forecast calculations or Aviation Sub. home values.
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