$125,000 for Sale

5950 seminole street, detroit, MI 48213

Beds 4 Baths 1 1,424 Sqft 0.08 Acres 1 of 31
Property Description
LOCATED 6 MINUTES FROM THE HISTORIC INDIAN VILLAGE AND WEST VILLAGE, YOU WILL FIND 5950 SEMINOLE NESTLED ON A 3,310 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF AND CONSISTS OF 4 RECENTLY REMODELED BED ROOMS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS A NEWLY INSTALLED HOT WATER TANKS. IN ADDITION SHE HAS NEWER PLUMBING AND BRAND NEW ELECTRICAL TO INSURE MAINTENANCE FREE CASH FLOW. THIS SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. SHE HAS JUST BEEN LEASED FOR 2 YEARS WITH A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1,565 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANT PAYS 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 BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
General Information
Sale Price: $125,000
Price/SqFt: $88
Est. Payments: $821*
Status: Active
MLS#: 20240089318
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: stephens elm pk (plats)
Acres: 0.08
Lot Dimensions: 30.00 x 110.00
Bedrooms:4
Bathrooms:1   (1 full, 0 half)
House Size: 1,424 sq.ft.
Acreage: 0.08 est.
Year Built: 1910
Property Type: Single Family
Style: Other
Features & Room Sizes
Paved Road:  Paved
Garage:  No Garage
Construction:  Block/Concrete/Masonry
Exterior:  Block/Concrete/Masonry
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Heating:  Hot Water
Fuel:  Natural Gas
Waste:  Public Sewer (Sewer-Sanitary)
Watersource:  Water at Street
Tax, Fees & Legal
Home warranty:  No
Est. Summer Taxes:  $495
Est. Winter Taxes:  $31
HOA fees:  0
Legal Description:  E SEMINOLE 14 BLK 12 STEPHENS ELM PARK SUB L19 P12 PLATS, W C R 17/125 30 X 110
Map


IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Marta Kopania of 1st Michigan Real Estate, Phone:
(810) 577-6295 Call Mark Tyler for more information about this property.

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This Single-Family Home located at
5950 seminole street, detroit MI, 48213
is currently for sale. This property is listed for $125,000.
For Sale | $125,000 | 4 Bed, 1 Bath | 1,424 Sq Ft MLS ID rcomi20240089318
5950 seminole street has 4 bedrooms, approximately 1,424 square feet. This home is in the detroit school district and has a lot size of 30.00 x 110.00 with 0.08 acres and was built in 1910. 5950 seminole street is in detroit and in ZIP Code 48213 area.
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