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Price: $36,000 5796 Neff Ave, Detroit MI 48224 MLS® #: 218118562

  • 3 Beds
  • 1 Bath
  • 1,170 SqFt
  • $30.77 / SqFt
  • Year Built: 1941

Description of 5796 Neff Ave, Detroit

Turn-Key Tenant Occupied Property! Prices in the City are on the Rise and investors jumping on the investment opportunities! This is your chance to own a Well Maintained, cash-flowing property with well established tenants. This home is part of a 3 home package of income generating tenant-occupied rentals homes in the City of Detroit for a total offering price of $110,000. We have a 9 similar 3 home packages for a total of 27 homes . Just mention you want to buy more and we will be happy to provide you with a list. Homes will be sold as- is via Warranty Deed with no liens or past due taxes. PLEASE DO NOT APPROACH TENANTS!!! INSPECTIONS WILL TAKE PLACE FOLLOWING OFFER ACCEPTANCE. THREE HOME PACKAGE. PRICE WILL BE HIGHER IF SOLD INDIVIDUALLY.

About this Property

This 3 bedroom home is located in the Neff Road Sub (plats) neighborhood at 5796 Neff Ave, Detroit Mi 48224. This $36,000 property has approximately 1,170 square feet and was built in 1941. 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 $5,000 to $1,200,000 and have an average price per square foot of $48/SqFt. The average priced home in 48224 with 3 bedrooms is $57,539. 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. 5796 Neff Ave has property taxes in the amount of $1,448, which are assessed as non-homestead because the home is considered a second home for the owner and/or not occupied by the primary owner. The property taxes will be lowered if you purchase this property, occupy it as your primary residence and file the homestead exemption form.

Your Buyer Specialist, MARK Z

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Stats for Zipcode 48224 for last 4 Months

Average Listing Price Average $/sqft Average $/sqft Sold Average Listing/Sale ratio Number of Sold Homes
$82,737.22 $44.29 $34.53 160.93% 178

Essential Information

Lot Information

  • Lot Dimensions45.00X172.90
  • Front Footage45
  • Acres0.17

Additional Information

  • Assessment240
  • DirectionsE OF BERDEN N OF WOODHALL
  • HomesteadNo
  • Land ContractNo
  • Road FrontPaved, Pub. Sidewalk
  • OwnershipPrivate - Owned
  • Home WarrantyNO

Parking Information

  • # of Garages1
  • Garages1 Car

Community Information

Interior

  • HeatingForced Air
  • Fuel TypeGas
  • FoundationBasement
  • Basement DescriptionUnfinished

Tax Description

E NEFF 62 AND W 9 FT VAC ALLEY ADJ NEFF RD SUB L67 P58 PLATS, W C R 21/1006 45 X 172.86A

Square Footage

  • Square Footage SourcePRD
  • Above Ground Finished1,170
  • Total Finished1170

Area

05055-Det Con-Mors/Grat. Hstn/7 Mack

Exterior

  • ExteriorBrick
  • SewerSewer at Street
  • Water SourceMunicipal Water

Floor Plan

Level
  • Master Bedroom 14 x 11 Upper
  • Bedroom 210 x 10 Entry
  • Bedroom 310 x 9 Entry
  • Kitchen11 x 12 Entry

School Information

Listing Office

The Signature Group Realty, LLC

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