15776 Snowden Street
Detroit, MI 48227
- 3 beds
- 1 bath
- 1,479 sqft
- 3,485 sqft lot
- $87 per sqft
- 1928 build
- – on site
Great Investment Opportunity at 15776 Snowden St! Currently tenant-occupied creating great cash flow at $1275/month. Cap Rate 9% based on current expenses including property management services, taxes, & insurance! Part of a 3-property rental portfolio in Detroit - can be sold individually or together (inquire about other properties). The owner has put in over $61k in updates, renovations, & finishes to this home - including $13k worth of sewer & plumbing replacement/repair! Updates include new roof, new vinyl windows & blinds, new vinyl flooring, new prime & paint, new kitchen cabinets/countertop/faucet, new ceramic tile, new lighting, & much more! (Full Scope of Work available) This home is set up for you to take over! With just under 1500 sqft of living space, this 2-story colonial has 3 Bedrooms & 1 Bathroom and offers space & features throughout making it a desirable home. The first floor has a nice flow from room to room with tons of natural light, plus a charming flex space with glass block windows and wall detail. Off the kitchen, there is an extra space to create a breakfast nook or pantry. On the second floor, you'll find the 3 bedrooms and bathroom, plus a lovely three-seasons room full of windows offering a nice retreat for residents. Unfinished basement offers storage space & the ability to rehab a half bathroom. The fenced in back yard has a nice parking pad with space to fit at least 2 vehicles. CENTRALLY LOCATED - 15 min drive to Downtown Detroit, Dearborn, Oak Park, or Ferndale. Easy access to M-10! *Some photos have been digitally edited to remove boards covering first floor windows & adding exterior imagery. Photos were taken prior to tenant moving in and windows were boarded up. The boards have been removed. Actual first floor windows will look slightly different from interior photos.*
Last checked:
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Checking…
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Last updated Jun 30, 2024
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MLS# 20240038451 —
The Building
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Year Built:1928
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Year Remodeled:2024
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Construction Materials:Brick
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Architectural Style:Colonial
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Foundation:Block
-
Foundation Details:Basement
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Entry Location:Ground Level w/Steps
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Porch Type:Porch - Covered, Porch
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Stories:2 Story
Interior
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Room Count:10
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Basement:Yes
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Basement Type:Unfinished
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Fireplace:No
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Total:1,479 Sqft
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Total Combined:1,479 Sqft
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Total Basement:743 Sqft
Financial & Terms
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Land Contract:No
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Short Sale:No
Location
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Directions:From Puritan St, turn S on Snowden Ave
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Directions From North South Detail:S of Puritan St, W of M-10
The Property
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Property Type:Residential
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Parcel Number:W22I027796S
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Exterior Features:Fenced
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Homestead:No
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Lot Size Dimensions:33.00 x 107.00
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Lot Size Area:0.08
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Frontage Feet:33
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Pool:No
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Waterfront:No
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Fencing:Fenced
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Road Frontage Type:Paved, Pub. Sidewalk
Listing Agent
- Contact info:
- Office phone:
- (313) 858-6580
Taxes
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Total Taxes:$1,026
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Taxable Value:11362.0000
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Tax Amount Summer:$919
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Tax Amount Winter:$107
Beds
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Beds Total:3
Baths
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Total Baths:1
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Full Baths:1
The Listing
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Warranty:No
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Buyer Agency:Yes
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Buyer's Brokerage Compensation:3%
Heating & Cooling
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Heating:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer:Public Sewer (Sewer-Sanitary)
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Water Source:Public (Municipal)
Schools
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School District:Detroit
The Community
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Subdivision Name:MAGRUDER PARK (PLATS)
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Assessment:240.00
Parking
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Garage:No
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Garage Size:No Garage
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2024 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2024 Realcomp II Ltd. Shareholders.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
Monthly cost estimate
![15776 Snowden Street](https://images.estately.net/55_20240038451_0_1718322457_636x435.jpg)
Asking price
$130,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$696
|
Taxes | $85 |
Insurance | $35 |
Utilities | $173 See report |
Total | $989/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/13/24
Jun 13, 2024
|
Listed / Active | REALCOMP | $130,000 | 225.0% |
10/26/23
Oct 26, 2023
|
REALCOMP | $40,000 | 14.6% | |
9/21/23
Sep 21, 2023
|
REALCOMP | $34,900 |