13723 Mapleridge Street, Detroit, Michigan 48205

$130,000

Property Details

MLS#: 20261011627
Bedrooms: N/A
Bathrooms: 2
Square Feet: 2,306
Price per Sqft: $56
Lot Size: 0.1 acres
Year Built: 1926
Property Type: ResidentialIncome
Status: Active
Days on Market: 19

Description

Welcome to 13723 Mapleridge Street, a beautifully restored 2 Unit Multi-Family property offering the perfect blend of homeownership and income potential. This is an outstanding opportunity for a qualified owner-occupant to live in one unit while generating rental income from the second unit. Extensively rehabilitated with quality improvements throughout, this home provides peace of mind and long-term value. Updates include new kitchens and baths, new flooring throughout, new plumbing, electrical, mechanicals, roof and windows. Buyer eligibility requirements apply. This property is not available for non owner occupants. Stove, Refrigerator and Central Air Units will be delivered at closing, adding even more comfort and convenience. This purchase offers exceptional financial support with up to $15,000 in Down Payment Assistance available and up to $8,500 in Closing Cost Assistance available. Please note Rehabilitation funds were provided through the Michigan State Housing Development Authority (MSHDA). To maintain long-term affordability: Purchaser must be an owner-occupant, Household income must not exceed 60% of Area Median Income (AMI) per federal guidelines. The second unit must be rented to a Section 8 Housing Choice Voucher holder for a minimum of five (5) years. Failure to comply with program guidelines will result in a penalty requiring the homeowner to repay the gap funding used for the rehabilitation of the property. OFFERS WILL BE CONSIDERED AFTER 7 DAYS ON THE MARKET. 24 HOUR NOTICE TO SHOW

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 13723 Mapleridge Street?

13723 Mapleridge Street is listed at $130,000, or $56 per square foot.

How many bedrooms does 13723 Mapleridge Street have?

This property has N/A bedrooms and 2 bathrooms, with 2,306 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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