Detroit, MI 48204,5378 VANCOUVER Street
$145,000
$158,990
8.8%
Est.Price: ?

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2 BD
2 BA
2,088 SqFt

5378 VANCOUVER Street Detroit, MI 48204

Est. payment /mo
SOLD DATE : 12/05/2024

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Key Details

Sold Price $145,000

Property Type Multi-Family

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 2,088 sqft

Price per Sqft $69

Subdivision Security Land Cos (Plats)

MLS Listing ID 20240038443

Sold Date 12/05/24

Style Other

Bedrooms 2

Full Baths 2

Originating Board Realcomp II Ltd

Year Built 1916

Annual Tax Amount $973

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 30.00 x 137.00

Property Description

LOCATED 8 MINUTES FROM NEW CENTER YOU WILL FIND 5378 VANCOUVER STREET NESTLED ON A 4,110 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST TWO 2 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEW FURNACES. IN ADDITION, THIS HOME DISPLAYS BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. MOREOVER SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. NO EXPENSE HAS BEEN SPARED. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS WITH MONTHLY DIVIDENDS OF $2428. THIS INVESTMENT PAYS A RETURN OF JUST UNDER 15%. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Location

State MI

County Wayne

Area Det South Of Grand River

Zoning Multi-Family

Direction Vancouver & Northfield

Rooms

Basement Unfinished

Interior

Heating Hot Water

Fireplace no

Heat Source Natural Gas

Exterior

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Sewer at Street

Water Water at Street

Architectural Style Other

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W16I002860S

Ownership Short Sale - No,Private Owned

Assessment Amount $340

Acceptable Financing Cash, Conventional

Rebuilt Year 2024

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Marta Kopania of 1st Michigan Real Estate
Bought with RE/MAX First

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agent

Dylan Tanaka

Broker Associate | License ID: 6506046373

+1(248) 609-3030

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