$83,000 pending

19229 pelkey street, detroit, MI 48205

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Beds 4 Baths 1 1,165 Sqft 0.13 Acres 1 of 20
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Property Description
This 3 bedroom, 1-bath brick home with a 2-car garage is the perfect addition to your investment portfolio. Currently tenant-occupied with a Section 8 tenant paying $1,500 per month, this property offers a strong cash flow and an impressive 14.8% cap rate. Enjoy easy access to local amenities and major roadways, making this property not only a solid investment but also a convenient location for tenants. Don’t miss out on this cash-flowing opportunity to expand your real estate holdings!
General Information
Sale Price: $83,000
Price/SqFt: $71
Est. Payments: $545
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Status: Pending
MLS#: rcomi20240069253
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: vandammes sub (plats)
Acres: 0.13
Lot Dimensions: 47 x 120
Bedrooms:4
Bathrooms:1   (1 full, 0 half)
House Size: 1,165 sq.ft.
Acreage: 0.13 est.
Year Built: 1946
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1: 
Bedroom 2 : 
Bedroom 3: 
Bedroom 4: 
Family Room: 
Greatroom: 
Dinning Room: 
Kitchen: 
Livingroom: 
Pole Buildings: 
Paved Road:  Paved
Garage:  2 Car
Garage Description:  Detached
Construction:  Brick
Exterior:  Brick
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Heating:  Forced Air
Fuel:  Natural Gas
Waste:  Public Sewer (Sewer-Sanitary)
Watersource:  Public (Municipal)
Tax, Fees & Legal
Home warranty:  No
Est. Summer Taxes:  $1,719
Est. Winter Taxes:  $181
Legal Description:  W PELKEY 72 VANDAMMES SUB L43 P50 PLATS, W C R 21/638 47 X 120.08A


IDX provided courtesy of Realcomp II Ltd. via Two Doors Realty and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Shane Parker of S&P Realty, Phone: (734) 333-7219
(586) 286-3283 Call David Elya for more information about this property.

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David Elya
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(586) 286-3283

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This Home located at
19229 pelkey street, detroit MI 48205
is currently for sale priced at $83,000 and was listed on September, 25, 2024 and has been on the market for 50 days and was last updated on October, 31, 2024.

19229 pelkey street has 4 bedrooms, 1 bathrooms, and approximately 1,165 square feet. This home is in the detroit school district and has a lot size of 47 x 120 with 0.13 acres and was built in 1946. 19229 pelkey street is in the 48205 ZIP Code area of detroit.

If you have any question about this property or any others, please don't hesitate to contact me.