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1224 Waterman Street

Detroit, MI 48209
  • $180,000
  • STATUS: Active
  • ON SITE: 9 Days
  • ID#: 2210096131
UPDATED: 202 min ago
$180,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,356
    SQFT
  • $76
    $/SQFT
Type:
Multi-Family
Built:
1917
County:
Zoning:
Multi-Family
Lot Size Dimensions:
30.00X158.00

School Ratings & Info

School District:

Description

One of a kind home, with great curb appeal, in a very up and coming neighborhood- where you are sure to see your value surge in the future...just minutes from Downtown, Mexican Town, and blocks from the new bridge. Home features, FULL hardwood flooring throughout, TWO new kitchens- both equipped with Quartz countertops, chic fixtures, and new fridge and stove for each. TWO new bathrooms- TWO oversized dining rooms, living rooms, and basements. Home is set up with separate entrances, perfect for a combined family, or for the savvy homebuyer, that wants to rent one unit out, while paying for their mortgage. New windows placed throughout most of the home, new gutters, complete facelift inside and out. Separate porches, and very cool balcony off the second floor. Great. home in todays tight market. Broker owned. LAND CONTRACT AVAILABLE AT $200,000 WITH $50,000 DOWN. UNITS HAVE RENTED AT $1100/MO EACH IN THE PAST, WILLING TO PLACE 1-2 GREAT TENANTS IF NEEDED.

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The BK Agency are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-11-27T23:55:45.497.
www.thebkagency.com/homes/123376402
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1224 Waterman Street Detroit, MI 48209

  • Price: $180,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 202 min ago
  • ID#: 2210096131
0
Beds
2
Baths
0
½ Baths
0.11
Acres
2,356
SQFT
$76
$/SQFT
1917
Built
Neighborhood:
Kaiers Sub Of Lots 16 Thru 29 (Plats)
County:
Wayne
Area:
Det South Of Grand River
School District:
DETROIT
Property Description
One of a kind home, with great curb appeal, in a very up and coming neighborhood- where you are sure to see your value surge in the future...just minutes from Downtown, Mexican Town, and blocks from the new bridge. Home features, FULL hardwood flooring throughout, TWO new kitchens- both equipped with Quartz countertops, chic fixtures, and new fridge and stove for each. TWO new bathrooms- TWO oversized dining rooms, living rooms, and basements. Home is set up with separate entrances, perfect for a combined family, or for the savvy homebuyer, that wants to rent one unit out, while paying for their mortgage. New windows placed throughout most of the home, new gutters, complete facelift inside and out. Separate porches, and very cool balcony off the second floor. Great. home in todays tight market. Broker owned. LAND CONTRACT AVAILABLE AT $200,000 WITH $50,000 DOWN. UNITS HAVE RENTED AT $1100/MO EACH IN THE PAST, WILLING TO PLACE 1-2 GREAT TENANTS IF NEEDED.
Exterior Features

Architecture Level 2 Story Architecture Style ColonialDuplex Construction Materials Brick Foundation Details Basement Foundation Materials Block Lot Size Dimensions 30.00X158.00 Pool YN No Porch Type BalconyDeckPorch Road Frontage Feet 30 Road Frontage Type Paved Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 2.00 Heating Forced Air Heating Fuel Natural Gas Living Area Source Public Records Room Count 0 Sq Ft Combined 2356 Sq Ft Total Basement 1000 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 2

Property Features

Assessment 340 Deposit Amount 50000.00 Down Payment Resource YN Yes Encroachment YN No Existing Lease YN No Gross Scheduled Income 26400.00 Income Projection Projected Land Contract YN Yes Land Interest Rate 8 Land Payment 1200 Land Terms 36 Listing Financing CashConventionalFhaLand Contract Monthly Rental Income 2200 Net Operating Income 23000.00 Number Of Units Leased 0 Ownership Status Broker/Agent OwnedShort Sale - No Percent Homestead Exempt YN No Pets Allowed Yes Postal City Detroit Protection Period 0 Rent Includes Water/Sewer Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 1959.0000 Tax Amount Winter 148.0000 Title Broker/Agent Owned Total Tax 2107.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 1224 WATERMAN ST Water Source Municipal Water Year Remodeled 2021 Zoning Multi-Family

IDX provided courtesy of Realcomp II Ltd., via IQ Properties Llc and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The BK Agency are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-11-27T23:55:45.497.
 
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Detroit MI, 48235