2463 Ford Street, Detroit, Michigan 48238

$200,000

Property Details

MLS#: 20251052226
Bedrooms: N/A
Bathrooms: 2
Square Feet: 2,400
Price per Sqft: $83
Lot Size: 0.08 acres
Year Built: 1925
Property Type: ResidentialIncome
Status: Active
Days on Market: 88

Description

REDUCED! FULLY RENOVATED CASH-FLOW GEM NEAR BOSTON EDISON DISTRICT LOCATED JUST SIX MINUTES FROM THE HISTORIC BOSTON EDISON DISTRICT, THIS EXCEPTIONAL DUPLEX AT 2463 FORD SITS NESTLED ON A 3,485 SQ. FT. LOT IN A QUIET, STABLE NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL IS AN INVESTOR’S DREAM, FEATURING SIGNIFICANT RECENT CAPITAL IMPROVEMENTS DESIGNED FOR LOW-MAINTENANCE OPERATION: EXTERIOR: BRAND NEW TEAR-OFF 40-YEAR CROWN ROOF, GUTTERS, AND TRIM. MOST WINDOWS HAVE BEEN UPGRADED TO TOP-OF-THE-LINE, MAINTENANCE-FREE, LOW-E APPOINTMENTS. SYSTEMS: BRAND NEW FURNACES AND NEWLY INSTALLED HOT WATER TANKS, BRAND NEW PLUMBING, AND UPDATED ELECTRICAL SYSTEMS ENSURE HASSLE-FREE CASH FLOW FOR YEARS TO COME. INTERIORS: TWO SPACIOUS UNITS (ONE TWO-BEDROOM, ONE THREE-BEDROOM) FEATURE FRESHLY RENOVATED BATHROOMS, NEW PAINT THROUGHOUT, AND NEWLY REFURBISHED OR CURATED HARDWOOD FLOORS. INVESTMENT HIGHLIGHTS: THIS PROPERTY OFFERS RELIABLE MONTHLY INCOME OF OVER $2,500. TENANTS ARE RESPONSIBLE FOR ALL UTILITIES EXCEPT WATER, ALLOWING THIS INVESTMENT TO GENERATE A ROBUST RETURN ON INVESTMENT OF JUST UNDER 20 PERCENT. TAXES HAVE BEEN SUCCESSFULLY REDUCED TO APPROXIMATELY $200 PER MONTH. THIS DIAMOND IS READY TO BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NOTE: NO SHOWINGS WITHOUT AN ACCEPTED FULL-LIST OFFER. LET'S CLOSE

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 2463 Ford Street?

2463 Ford Street is listed at $200,000, or $83 per square foot.

How many bedrooms does 2463 Ford Street have?

This property has N/A bedrooms and 2 bathrooms, with 2,400 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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