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Price: $49,900 1255 Newport St, Detroit MI 48215 MLS® #: 218114896

  • 4 Beds
  • 1.5 Bath
  • 1,364 SqFt
  • $36.58 / SqFt
  • Year Built: 1913

Description of 1255 Newport St, Detroit

Investors: Leased and performing turn-key investment property is tenanted and generating $695 monthly. Realize an NOI of almost $6k annually and an ROI of 12% after taxes, insurance and management fees are paid. Interior showings upon accepted purchase agreement only. Kindly DO NOT DISTURB TENANT. BATVAI. Property sold "as-is". Seller is an agent.

About this Property

This 4 bedroom home is located in the Skinner & Moores (plats) neighborhood at 1255 Newport St, Detroit Mi 48215. This $49,900 property has approximately 1,364 square feet and was built in 1913. This home is located in the Detroit school district. Properties located in the Detroit district have an average price per square foot of $43/SqFt. Houses with similar square footage range in price from $12,990 to $190,000 and have an average price per square foot of $39/SqFt. The average priced home in 48215 with 4 bedrooms is $92,949. Depending on where you live in Detroit your children and/or teenagers may go to the Detroit school district, Lincoln Consolidated school district, or Hamtramck school district. 1255 Newport St currently has property taxes in the amount of $478, which are assessed as homestead and therefore at the lowest tax rate.

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Stats for Zipcode 48215 for last 4 Months

Average Listing Price Average $/sqft Average $/sqft Sold Average Listing/Sale ratio Number of Sold Homes
$109,045.15 $49.78 $46.83 122.96% 36

Essential Information

Lot Information

  • Lot Dimensions30.00X123.00
  • Front Footage30
  • Acres0.09

Additional Information

  • Assessment240
  • HomesteadYes
  • Land ContractNo
  • Road FrontPaved
  • OwnershipPrivate - Owned
  • Home WarrantyNO

Floor Plan

Level
  • Master Bedroom 14 x 9 Upper
  • Bedroom 211 x 11 Entry
  • Bedroom 39 x 10 Upper
  • Bedroom 410 x 9 Upper
  • Bedroom 510 x 9 Upper
  • Kitchen9 x 11 Entry

School Information

Community Information

Interior

  • HeatingForced Air
  • Fuel TypeGas
  • Water Fuel TypeGas
  • FoundationBasement
  • Basement DescriptionUnfinished

Directions

off Jefferson, west of Chalmers, go north on Newport

Parking Information

Listing Details

Area

05066-Det: Mcclellan East/Mack To Shor

Exterior

  • ExteriorWood
  • SewerSewer-Sanitary
  • Water SourceMunicipal Water

Tax Description

W NEWPORT 40 BLK 1-SKINNER & MOORES SUB L16 P58 PLATS, W C R 21/305 30 X 123

Square Footage

  • Square Footage SourcePRD
  • Above Ground Finished1,364
  • Total Finished1364

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