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    5326 Elmer Street

    Detroit, MI 48210
    • $149,900
    • STATUS: Active
    • ON SITE: 39 days
    • ID#: 2210049325
    $149,900
    • 0
      BEDS
    • 0.07
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 2,018
      SQFT
    • $74
      $/SQFT
    Type:
    Multi-Family
    Built:
    1924
    County:
    Zoning:
    Residential
    Lot Size Dimensions:
    30.00X100.00

    School Ratings & Info

    School District:

    Description

    Renovated in 2019, 5326 Elmer is the definition of "turn key. This one is a fantastic option for both first time or experienced investors and even holds possibility for an owner occupant. Both units are 3 bed/1 bath are occupied by reliable, existing tenants currently in leases that are set to renew for 12 months soon. Leases are 700/month for each unit but based on current market could easily rent for as much as $1,000 per unit. Roof and majority of the windows were replaced in 2019 and PVC and PEX were also installed. Kitchen and bath in lower unit were replaced in 2019 and both units were cosmetically freshened. One of the few great ones that also comes with both city LBP and rental certifications. Showings upon accepted offer. Do not disturb tenants! BATVAI

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    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than NextHome Showcase are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-08-03T00:04:29.22.
    www.nexthomeshowcase.com/homes/118685001
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    5326 Elmer Street Detroit, MI 48210

    • Price: $149,900
    • Status: Active
    • ID#: 2210049325
    0
    Beds
    2
    Baths
    0
    ½ Baths
    0.07
    Acres
    2,018
    SQFT
    $74
    $/SQFT
    1924
    Built
    Neighborhood:
    Latham & Quinns Sub Of Lot 8 Of H Haggerty Sub
    County:
    Wayne
    Area:
    Det South Of Grand River
    School District:
    DETROIT
    Property Description
    Renovated in 2019, 5326 Elmer is the definition of "turn key. This one is a fantastic option for both first time or experienced investors and even holds possibility for an owner occupant. Both units are 3 bed/1 bath are occupied by reliable, existing tenants currently in leases that are set to renew for 12 months soon. Leases are 700/month for each unit but based on current market could easily rent for as much as $1,000 per unit. Roof and majority of the windows were replaced in 2019 and PVC and PEX were also installed. Kitchen and bath in lower unit were replaced in 2019 and both units were cosmetically freshened. One of the few great ones that also comes with both city LBP and rental certifications. Showings upon accepted offer. Do not disturb tenants! BATVAI
    Exterior Features

    Architecture Level 2 Story Architecture Style Duplex Construction Materials VinylWood Exterior Features Fenced Foundation Details Basement Foundation Materials Brick Lot Size Dimensions 30.00X100.00 Multifamily Parking On StreetUnassigned/General Pool YN No Porch Type Porch - Covered Road Frontage Feet 30 Road Frontage Type PavedPub. Sidewalk Roof Material Asphalt Waterfront YN No

    Interior Features

    Basement Type DaylightUnfinished Basement YN Yes Baths Total 2.00 Heating Forced Air Heating Fuel Natural Gas Interior Features Egress Window(S)High Spd Internet AvailLaundry FacilityProgrammable ThermostatUtility Smart Meter Room Count 0 Sq Ft Combined 2018 Sq Ft Total Basement 1009 Unit Efficiency Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 2 Unit Two Bed Number Of 0

    Property Features

    Assessment 0 Encroachment YN No Gross Scheduled Income 16800.00 Income Projection Projected Land Contract YN No Legal Rental Certified YN Yes Listing Financing CashConventional Monthly Rental Income 1400 Net Operating Income 14000.00 Number Of Units Leased 2 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN Yes Postal City Detroit Protection Period 180 Rent Includes Garbage Pickup Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 1354.0000 Tax Amount Winter 122.0000 Title Private - Owned Total Tax 1476.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 5326 ELMER ST Water Source Municipal Water Zoning Residential

    IDX provided courtesy of Realcomp II Ltd., via @Properties Collective and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than NextHome Showcase are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-08-03T00:04:29.22.
     
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