20097 strasburg street, detroit, MI 48205

LOCATED JUST 7 MINUTES FROM THE INFAMOUS CITY OF EASTPOINTE YOU WILL FIND 20097 STRASBURG NESTLED ON A HUGE 5,227 SQUARE FOOT LOT IN THE QUIET "GREENSBRIAR" NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL IS RECENTLY REMODELED WITH NEWER SIDING AND NEWER WINDOWS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS A NEWLY INSTALLED FURNACE AND HOT WATER TANK. IN ADDITION, THIS HOME HAS ENTIRELY NEW ELECTRICAL AND PLUMBING TO INSURE A MAINTENANCE FREE CASH FLOW. MOREOVER SHE HAS BEEN FRESHLY PAINTED AND HAS NEW WALL TO WALL CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY WAS JUST RENTED TO A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF A WHOPPING $ 1866 ARE PAID BY THE FEDERAL GOVERNMENT. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN JUST UNDER 20% CASH ON CASH RETURN. PROPERTY 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. COMMISSIONS TO BE PAID BY SELLER.

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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Marta Kopania of 1st Michigan Real Estate

This listing last updated: Mon, June 24, 2024 at 8:34:16 AM EDT

MIRealSource Listing Data Last Updated On Saturday, July 6 2024 at 7:10am