19958 Washburn ST new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48221
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Sale
Square Footage 1,046 sqft
Price per Sqft $109
Subdivision Grand Park
MLS Listing ID 20251056397
Style Ranch
Bedrooms 3
Full Baths 1
Year Built 1955
Lot Size 4,356 Sqft
Property Sub-Type SingleFamilyResidence
Property Description
LOCATED JUST 7 MINUTES FROM THE HISTORIC UNIVERSITY DISTRICT , YOU WILL FIND 19958 WASHBURN NESTLED ON A 4,356 SQUARE FOOT LOT IN THIS QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOASTS A NEWER ROOF AND HAS RECENTLY BEEN REMODELED AND BOASTS 3 SPACIOUS BEDROOMS.
IN ADDITION, THIS HOME HAS BRAND NEW ELECTRICAL, PLUMBING, AND NEW FURNACE/HOT WATER TANK TO ENSURE 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 $1,681 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 Area05041Det68Grflddequindre
Interior
Heating ForcedAir, NaturalGas
Exterior
Parking Features NoGarage
Pool None
View Y/N No
Building
Foundation Slab
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition ShortSaleNo, Standard