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1101 S Patricia Street

Detroit, MI 48217
  • $69,000
  • STATUS: Active
  • ON SITE: 18 Days
  • ID#: 20221060224
Price Reduced
$69,000
  • 4
    BEDS
  • 0.08
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,350
    SQFT
  • $51
    $/SQFT
Type:
Single-Family Home
Built:
1916
County:
Lot Size Dimensions:
35.00 X 105.00

School Ratings & Info

School District:

Description

LOCATED JUST MINUTES FROM THE INFAMOUS CITY OF DEARBORN , YOU WILL FIND 1101 SOUTH PATRICIA NESTLED ON A 3,709 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THE EMPTY HOMES ON THE BLOCK WERE BOUGHT OUT BY MARATHON GAS STATION FOR A MULTI MILLION DOLLAR DEVELOPMENT. THIS COLONIAL CONSISTS OF 4 RECENTLY REMODELED BEDROOMS. IT HAS BEEN UPGRADED AND HAS ENTIRELY BRAND NEW ELECTRICAL AND PLUMBING. THIS HOME BOASTS A NEW ROOF, HAS FRESHLY ROLLED PAINT, BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT AND MAINTENANCE FREE VINYL FLOORING. IT WAS JUST LEASED TO A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS ARE A WHOPPING $1,397 ALL PAID BY SECTION 8. THE TENANT PAYS ALL UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN A NEAR 20% CASH ON CASH RETURN. PROPERTY TAXES HAVE BEEN REDUCED TO UNDER $100 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

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IDX provided courtesy of Realcomp II Ltd. via The Alex Nugent Team | Real Estate One and Realcomp II Ltd.. © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Alex Nugent Team | Real Estate One 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: 2022-11-28T00:01:58.353.
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1101 S Patricia Street Detroit, MI 48217

  • Price: $69,000
  • Status: Active
  • On Site: 18 Days
  • ID#: 20221060224
4
Beds
1
Baths
0
½ Baths
0.08
Acres
1,350
SQFT
$51
$/SQFT
1916
Built
Neighborhood:
Welch & Obriens Oakwood Park (Plats)
County:
Wayne
Area:
Det South Of Grand River
School District:
DETROIT
Property Description
LOCATED JUST MINUTES FROM THE INFAMOUS CITY OF DEARBORN , YOU WILL FIND 1101 SOUTH PATRICIA NESTLED ON A 3,709 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THE EMPTY HOMES ON THE BLOCK WERE BOUGHT OUT BY MARATHON GAS STATION FOR A MULTI MILLION DOLLAR DEVELOPMENT. THIS COLONIAL CONSISTS OF 4 RECENTLY REMODELED BEDROOMS. IT HAS BEEN UPGRADED AND HAS ENTIRELY BRAND NEW ELECTRICAL AND PLUMBING. THIS HOME BOASTS A NEW ROOF, HAS FRESHLY ROLLED PAINT, BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT AND MAINTENANCE FREE VINYL FLOORING. IT WAS JUST LEASED TO A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS ARE A WHOPPING $1,397 ALL PAID BY SECTION 8. THE TENANT PAYS ALL UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN A NEAR 20% CASH ON CASH RETURN. PROPERTY TAXES HAVE BEEN REDUCED TO UNDER $100 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Exterior Features

Architecture Level 1 Story Architecture Style Other Construction Materials Other Entry Location Ground Level W/Steps Foundation Details Basement Foundation Materials Block Garage Size No Garage Garage YN No Lot Size Dimensions 35.00 X 105.00 Pool YN No Road Frontage Feet 27 Road Frontage Type Paved Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 1.00 Fireplace YN No Heating Forced Air Heating Fuel Natural Gas Room Count 5 Rooms Bath - Full (First/Entry Level) Bedroom (First/Entry Level) Bedroom (First/Entry Level) Bedroom (First/Entry Level) Bedroom (First/Entry Level) Sq Ft Combined 1350 Sq Ft Total Basement 660

Property Features

Assessment 0.00 Association Fee YN No Down Payment Resource YN Yes Exclusions YN No Existing Lease YN Yes Homestead YN No Land Contract YN No Listing Financing CashConventional Ownership Status Short Sale - NoPrivate Owned Possession At Close Postal City Detroit Protection Period 0 Restrictions YN No Settlement City Sewer Sewer At Street Short Sale No Tax Amount Summer 6.0000 Tax Amount Winter 1.0000 Title Standard (Private) Total Tax 7.0000 Transaction Type Sale Unparsed Address 1101 S Patricia Street Warranty No Water Source Water At Street

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Discover Real Estate: (586) 668-1151 and Realcomp, ©2022 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via The Alex Nugent Team | Real Estate One and Realcomp II Ltd.. © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Alex Nugent Team | Real Estate One 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: 2022-11-28T00:01:58.353.
 
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