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$ 175,000
Est. payment /mo
Price Dropped by $25K
4447 Baldwin Street Detroit, MI 48214
3 Baths
3,484 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251023145
Year Built 1905
Annual Tax Amount $894
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 30 X 119
Source Realcomp
Property Description
REDUCED! LOCATED 4 MINUTES FROM THE INFAMOUS INDIAN VILLAGE, YOU WILL FIND 4447 BALDWIN NESTLED ON A 4,571 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOASTS A BRAND NEW 40 YEAR ROOF WITH ALL NEW SIDING AND GUTTERS TO ENSURE REPEAT DIVIDENDS FOR MANY YEARS TO COME. EVERY WINDOW IN THIS COMPOUND IS BRAND NEW AND SHE HAS BEEN UPGRADED WITH NEWER ELECTRICAL,PLUMBING AND HOT WATER TANKS TO INSURE MAINTENANCE FREE CASH FLOW. FURTHERMORE SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 YEAR SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $2491 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.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family,Residential
Direction E on Mack Ave, N on Mount Elliot St, E on Forest Ave, S on Baldwin St, Home is on the Right
Interior
Heating Baseboard
Exterior
View Y/N No
Building
Lot Description Sidewalk
Sewer Public
Water Public
Structure Type Vinyl Siding
Schools
School District Detroit
Others
Tax ID 17011551
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Brookstone, Realtors LLC