Detroit, MI 48238,13601 NORTHLAWN Street
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Detroit, MI 48238,13601 NORTHLAWN Street
Detroit, MI 48238,13601 NORTHLAWN Street
Detroit, MI 48238,13601 NORTHLAWN Street
Detroit, MI 48238,13601 NORTHLAWN Street

$180,000

Est. payment /mo

$199,000

9.5%
Est.Price: ?

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13601 NORTHLAWN Street Detroit, MI 48238

2 Baths

3,484 Sqft Lot

SOLD DATE : 12/06/2024

Key Details

Sold Price $180,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 20240078427

Sold Date 12/06/24

Originating Board Realcomp

Year Built 1926

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 35.00 x 105.00

Property Description

MULTIPLE OFFERS RECEIVED, HIGHEST AND BEST MONDAY AT NOON. LOCATED 6 MINUTES FROM HISTORIC BOSTON EDISON DISTRICT YOU WILL FIND 13601 NORTHLAWN NESTLED ON A 3,675 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A BRAND NEW TEAR OFF ROOF TOWERING OVER TWO SPACIOUS 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH A NEW HEATING SYSTEM AND NEW WINDOWS. IN ADDITION, THIS HOME DISPLAYS BRAND NEW ELECTRICAL AND PLUMBING SYSTEMS TO INSURE MAINTENANCE FREE CASH FLOW. NEWLY RENOVATED WITH FRESH CARPET & PAINT. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1293 AND $1293 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING TOTAL OF $2586. THESE TENANTS PAYS ALL THE UTILITIES MINUS WATER WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Multi-Family

Direction Northlawn & Davison

Interior

Heating Wall Furnace

Exterior

View Y/N No

Building

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W16I032448S

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by 1st Michigan Real Estate

Shannon Prain

Broker Associate | License ID: 6506046723

+1(517) 937-7834

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