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Tim Sova

[email protected] +1(810) 844-2316

$ 169,900

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Active Under Contract

14002, 14004 Coyle ST Detroit, MI 48227

2 Baths

2,162 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,162 sqft

Price per Sqft $78

Subdivision Wildwood

MLS Listing ID 20251030399

Style Colonial

Full Baths 2

Year Built 1927

Property Sub-Type MultiFamily

Property Description

REDUCED! LOCATED JUST 5 MINUTES FROM THE INFAMOUS, HISTORIC ROSEDALE PARK YOU WILL FIND 14002 COYLE NESTLED ON A HUGE 4,356 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A BRAND NEW 40 YEAR TEAR OFF ROOF PROTECTING TWO 3 BEDROOM UNITS. EVERY WINDOW IN THIS COMPOUND HADS BEEN REPLACED WITH VINYL CLAD INSULATED WINDOWS. SHE ALSO HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND 2 HOT WATER TANKS. IN ADDITION, THIS GEM SHOWCASES ALL NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1350 AND $1155 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING TOTAL OF $2505. THESE TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $150 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Location

State MI

County Wayne

Area Area05042Det6Tiregrnfldlivernois

Rooms

Basement Unfinished

Interior

Interior Features DualFlushToilets

Heating ForcedAir, NaturalGas

Laundry None

Exterior

Exterior Feature Balcony, Lighting

Parking Features ParkingPad

Fence BackYard, Fenced

Pool None

Community Features Sidewalks

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation Basement, Block

Sewer PublicSewer

Water Public

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Listed by Lauryn Johnson of Brookstone, Realtors LLC

Tim Sova

Broker Associate

+1(810) 844-2316

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Brighton, MI

Tim Sova

14002, 14004 Coyle ST Detroit, MI 48227

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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14002, 14004 Coyle ST