18734 Stahelin Avenue, Detroit, Michigan 48219

$67,500

Property Details

MLS#: 20261024906
Bedrooms: 2
Bathrooms: 1
Square Feet: 795
Price per Sqft: $85
Lot Size: 0.11 acres
Year Built: 1942
Property Type: Residential
Status: Active
Days on Market: 140

Market Analysis

Estimated Value (CMA): $59,625
Area Avg Price/Sqft: $78
This Property: $85/sqft ($7 above area average)
Price Position: +9.0% vs comparable homes
Comparable Properties Analyzed: 5

Description

REDUCED! LOCATED JUST 7 MINUTES FROM THE HISTORIC NORTH ROSEDALE PARK YOU WILL FIND 18734 STAHELIN NESTLED ON A HUGE 4,573 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS BRICK CROWN JEWEL BOASTS A BRAND NEW TEAR OFF 40 YEAR ROOF AND CONSISTS OF 2 SPACIOUS BEDROOMS AND A HUGE BACKYARD. SHE HAS BEEN CAREFULLY UPGRADED WITH TOP OF THF LINE PLUMBING AND BRAND NEW ELECTRICAL THAT WILL INSURE MAINTENANCE FREE CASH FLOW. ALSO THE HOT WATER TANK AND FURNACE. THIS BEAUTY HAS JUST BEEN LEASED TO A 2 YEAR SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1497 ARE PAID 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 $150 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

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 18734 Stahelin Avenue?

18734 Stahelin Avenue is listed at $67,500, or $85 per square foot.

How many bedrooms does 18734 Stahelin Avenue have?

This property has 2 bedrooms and 1 bathrooms, with 795 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) 484-4696

Email: info@sonicrealty.com

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