MULTIPLE OFFERS RECEIVED, HIGHEST AND BEST DUE BY FRIDAY AT NOON. BRAND NEW ROOF TEAR OFF WITH 40 YEAR WARRANTY! LOCATED JUST 6 MINUTES FROM THE HISTORIC EAST ENGLISH VILLAGE YOU WILL FIND 5856 BARRETT NESTLED ON A 3,833 SQUARE FOOT LOT IN CHANDLER PARK QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL DUPLEX CONSISTS OF 2 RECENTLY REMODELED SECTION 8 UNITS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS 2025 FURNACES AND HOT WATER TANKS. IN ADDITION, EACH UNIT HAS BRAND NEW ELECTRICAL&AND PLUMBING AS WELL TO INSURE MAINTENANCE FREE CASH FLOW. BRAND NEW SIDING AND ALUMINUM TRIM PAIRED WITH NEW WINDOWS COMPLETE THE CURB APPEAL TO YOUR ROYAL HIGHNESS. EACH SPACIOUS 3 BEDROOM UNIT HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS FROM SAME AGENCY AND THE MONTHLY DIVIDENDS OF $2,550 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER. LET'S CLOSE!
For sale
Price cut: $5K (9/23)
$160,000
5856 Barrett St, Detroit, MI 48213
6beds
2,140sqft
Est.:
Multi Family
Built in 1927
-- sqft lot
$-- Zestimate®
$75/sqft
$-- HOA
What's special
Freshly rolled paintBrand new carpetNew windows
- 135 days |
- 657 |
- 32 |
Likely to sell faster than
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