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.
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.
|Average Listing Price||Average $/sqft||Average $/sqft Sold||Average Listing/Sale ratio||Number of Sold Homes|
off Jefferson, west of Chalmers, go north on Newport
05066-Det: Mcclellan East/Mack To Shor
W NEWPORT 40 BLK 1-SKINNER & MOORES SUB L16 P58 PLATS, W C R 21/305 30 X 123
IDX provided courtesy of Realcomp II Ltd., via eXp Realty and REALCOMP, ©2019 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.