17129 Westphalia Street
Detroit, MI 48205
- – beds
- 5 baths
- 2,880 sqft
- 5,227 sqft lot
- $88 per sqft
- 1928 build
- – on site
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MULTIPLE OFFER SITUATION. HIGHEST AND BEST FRIDAY AT 5PM. LOCATED 8 MINUTES FROM THE INFAMOUS EAST ENGLISH VILLAGE DISTRICT, YOU WILL FIND 17129 WESTPHALIA NESTLED ON A 5,357 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOASTS A BRAND NEW ROOF TO ENSURE REPEAT DIVIDENDS FOR MANY YEARS TO COME. YOUR APARTMENT COMPLEX CONSISTS OF 5 RECENTLY REMODELED 1 BED ROOM UNITS. EACH UNIT HAS BEEN UPGRADED AND HAS ENTIRELY BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. FURTHERMORE THE ENTIRE COMPLEX HAS NEW ELECTRICAL AND PLUMBING FROM TOP TO BOTTOM. EACH SPACIOUS UNIT HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. 3 OF THE 5 UNITS ARE LEASED TO SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS ARE $3,010 ALL PAID BY SECTION 8. ONCE THE OTHER 2 UNITS ARE LEASED THE TOTAL MONTHLY SECTION 8 DIVIDENDS WILL BE $5300. THE TENANTS PAY ALL UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN A NEAR 29% CASH ON CASH RETURN. PROPERTY TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
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Last updated Nov 21, 2024
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MLS# 20240005075 —
The Building
-
Year Built:1928
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Year Remodeled:2023
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Construction Materials:Brick
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Architectural Style:Other
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Foundation:Block
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Foundation Details:Slab
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# of Units Total:5
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Stories:2 Story
Interior
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Basement:No
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Fireplace:No
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Total:2,880 Sqft
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Total Combined:2,880 Sqft
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Total Basement:1,440 Sqft
Financial & Terms
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Land Contract:No
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Short Sale:No
Location
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Directions:E Mchnicholas & Westphalia
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Directions From North South Detail:E Mchnicholas & Westphalia
The Property
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Property Type:Multifamily
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Parcel Number:W21I031967S
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Exclusions:No
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Zoning:Multi-Family
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Homestead:No
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Lot Size Dimensions:25.00 x 215.00
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Lot Size Area:0.12
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Encroachment:No
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Pool:No
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Waterfront:No
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (734) 301-6553
Taxes
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Total Taxes:$818
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Tax Amount Summer:$758
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Tax Amount Winter:$60
Baths
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Total Baths:5
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Full Baths:5
Heating & Cooling
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Heating:Hot Water
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Heating Fuel:Natural Gas
Utilities
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Sewer:Sewer at Street
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Water Source:Water at Street
Schools
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School District:Detroit
The Community
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Subdivision Name:GITRE PARK
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Pets Allowed:Call
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Assessment:240.00
Extra Units
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Unit One Bed Number Of:5
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.
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/5/24
Apr 5, 2024
|
Sold | REALCOMP | $255,000 | 2.0% |
|
1/25/24
Jan 25, 2024
|
Listed / Active | REALCOMP | $250,000 |
