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3026 Lothrop Street

Detroit, MI 48206
  • $140,000
  • STATUS: Active
  • ON SITE: 238 Days
  • ID#: 2210023041
$140,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,054
    SQFT
  • $68
    $/SQFT
Type:
Multi-Family
Built:
1926
County:
Zoning:
Multi-Family
Lot Size Dimensions:
30.00X120.00

School Ratings & Info

School District:

Description

Great investment opportunity. Newly updated units each with 2 bedrooms/1 bath. Both units leased by paying tenants, $1345 net total per month. Both tenants are month to month. Separate meters with private basements. Property is located right off of Grand River and W Grand Blvd, minutes away from Wayne State, New Center, Midtown and Downtown. TENANT OCCUPIED -24 HR NOTICE TO SHOW. Don't miss out! Buy and start collecting rent.

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© 2021 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: 2021-11-30T23:56:26.817.
www.alexnugent.com/homes/115818282
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3026 Lothrop Street Detroit, MI 48206

  • Price: $140,000
  • Status: Active
  • On Site: 238 Days
  • ID#: 2210023041
0
Beds
2
Baths
0
½ Baths
0.08
Acres
2,054
SQFT
$68
$/SQFT
1926
Built
Neighborhood:
Crosman & Mc Kays Sub (Plats)
County:
Wayne
Area:
Det: Livernois-i75 6-gd River
School District:
DETROIT
Property Description
Great investment opportunity. Newly updated units each with 2 bedrooms/1 bath. Both units leased by paying tenants, $1345 net total per month. Both tenants are month to month. Separate meters with private basements. Property is located right off of Grand River and W Grand Blvd, minutes away from Wayne State, New Center, Midtown and Downtown. TENANT OCCUPIED -24 HR NOTICE TO SHOW. Don't miss out! Buy and start collecting rent.
Exterior Features

Architecture Level 2 Story Architecture Style DuplexUpper/Lower Apartment Construction Materials Brick Foundation Details Basement Foundation Materials Brick Lot Size Dimensions 30.00X120.00 Pool YN No Road Frontage Type PavedPub. Sidewalk Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 2.00 Heating Steam Heating Fuel Natural Gas Living Area Source Public Records Room Count 0 Sq Ft Combined 2054 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 Water Heater Fuel Natural Gas

Property Features

Assessment 0 Down Payment Resource YN Yes Encroachment YN No Existing Lease YN Yes Gross Scheduled Income 16140.00 Income Projection Actual Land Contract YN No Listing Financing CashConventional Monthly Rental Income 1345 Net Operating Income 16140.00 Number Of Units Leased 2 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN Yes Pets Allowed No Postal City Detroit Protection Period 90 Settlement City Sewer Sewer At Street Short Sale No Tax Amount Summer 1098.0000 Tax Amount Winter 91.0000 Title Private - Owned Total Tax 1189.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 3026 LOTHROP ST Water Source Municipal Water Zoning Multi-Family

IDX provided courtesy of Realcomp II Ltd., via O'connor Realty and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


© 2021 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: 2021-11-30T23:56:26.817.
 
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