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5856 BARRETT Street, Detroit City, MI 48213
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$165,000
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Home Details for 5856 BARRETT Street
Price
$165,000
Type
Multi Family
Bedrooms
6
Total Bathrooms
2
Full Bathrooms
2
Year Build
1927
Sq. Ft.
2140
Lot Size
0.09
County
Wayne
Garage
2
Basement
Unfinished
Tax
$493
MLS®️ Listing#
20250034865
On exitrealty.com
154 days
Property Description
REDUCED! BRAND NEW ROOF TEAR OFF WITH 40 YEAR WARRANTY! LOCATED JUST 6 MINUTES FROM THE HISTORIC EAST ENGLISH VILLAGE YOU WILL FIND 5856 BARRETT NESTLED ON A 3,833 SQUARE FOOT LOT IN CHANDLER PARK QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL DUPLEX CONSISTS OF 2 RECENTLY REMODELED SECTION 8 UNITS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS 2025 FURNACES AND HOT WATER TANKS. IN ADDITION, EACH UNIT HAS BRAND NEW ELECTRICAL&AND PLUMBING AS WELL TO INSURE MAINTENANCE FREE CASH FLOW. BRAND NEW SIDING AND ALUMINUM TRIM PAIRED WITH NEW WINDOWS COMPLETE THE CURB APPEAL TO YOUR ROYAL HIGHNESS. EACH SPACIOUS 3 BEDROOM UNIT HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS FROM SAME AGENCY AND THE MONTHLY DIVIDENDS OF $2,550 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. LET'S CLOSE!
- Heating Information
- Forced Air
- Natural Gas
- Utilities
- Sewer Available
- Water Available
- Cooling Information
- None
- Basement
- Unfinished
Listing Courtesy: Realtyflo Inc - 313-466-7253

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EXIT UNITED REALTY PROFESSIONALS
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$165,000
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220