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52 FERRIS Street Highland Park, MI 48203 2912
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Key Details
Sold Price $105,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $75
Subdivision Mi
MLS Listing ID 60185392
Sold Date 03/23/23
Style 2 Story
Full Baths 3
Half Baths 3
Year Built 2005
Annual Tax Amount $420
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50.00 x 125.00
Property Description
***Investor Special***3 single-family homes (35 Candler, 36 Candler, 52 Ferris) for a cash flowing portfolio just a block off of Woodward! Properties were built in 2005 and outfitted with PEX plumbing and an updated electrical system. There is a new roof on 52 Ferris. The portfolio is currently under market value with long-term tenants at $750 ( section 8 ) and $700. There is a projected market value of $2,400 in rental income. This is a great opportunity to start or add to your portfolio with new construction property. Properties are minutes from Palmer Park, Detroit Golf Club, University of Detroit Mercy, and freeway access! *** Tenant occupied please do not disturb tenants. Showings and inspection are only available with an acceptable offer ***
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Rooms
Basement Block
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Aluminum
Waterfront No
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Aluminum
Schools
School District Highland Park City Schools
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with LPS
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