9200 King Richard Street Detroit, MI 48224
4 Beds
2 Baths
1,310 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,310 sqft
Price per Sqft $103
Municipality Detroit City
MLS Listing ID 25041337
Style Ranch
Bedrooms 4
Full Baths 1
Half Baths 1
Year Built 1928
Annual Tax Amount $2,809
Tax Year 2024
Lot Size 5,663 Sqft
Acres 0.13
Lot Dimensions 60X92
Property Sub-Type Single Family Residence
Source Michigan Regional Information Center (MichRIC)
Property Description
3 Beds | 1.5 Bath | 1,310 Sq Ft | Built 1928
Newly Renovated Ready to Close
Asking Price: $135,000
Why this is a winner:
Strong rental comps & resale demand in the area
Fully renovated = no rehab headaches
Great ROI potential for investors or a turnkey addition to their portfolio
If you have a serious cash buyer, this is the one to put in front of them today. Properties like this don't sit long. ( ACT FAST ( Hot deal in a strong rental and resale area. This won't last!
=Í Address: 9200 King Richard St, Detroit, MI 48224
=Å Year Built: 1928
=Ë Beds/Baths: 3 Bed / 1 Bath
=Ï Sq Ft: 1,310 sq ft
________________________________________
=Ê INVESTMENT HIGHLIGHTS
" Turnkey Condition Recently fully renovated inside and out
Here's your breakdown for a $135,000 FHA loan at 7% interest, with $2,763 yearly taxes and $1,200 yearly insurance:
" Principal & Interest (PI): $866.72/month
" Taxes: $230.25/month
" Insurance: $100.00/month
" Total PITI: $1,200/month
________________________________________
=¸ PRICING
" =€ Asking Price: $135,000
" Buyer pays all closing costs
" Clean title, ready to close
________________________________________
= ACCESS & TERMS
" Property is vacant & secured
" Lockbox access available upon request
________________________________________
=Þ CONTACT
Jorge Cortes
Phone: 786-290-3795 Email: [email protected] ( ACT FAST ( Hot deal in a strong rental and resale area. This won't last!
=Í Address: 9200 King Richard St, Detroit, MI 48224
=Å Year Built: 1928
=Ë Beds/Baths: 3 Bed / 1 Bath
=Ï Sq Ft: 1,310 sq ft
________________________________________
=Ê INVESTMENT HIGHLIGHTS
" Turnkey Condition Recently fully renovated inside and out
Here's your breakdown for a $135,000 FHA loan at 7% interest, with $2,763 yearly taxes and $1,200 yearly insurance:
" Principal & Interest (PI): $866.72/month
" Taxes: $230.25/month
" Insurance: $100.00/month
" Total PITI: $1,200/month
________________________________________
=¸ PRICING
" =€ Asking Price: $135,000
" Buyer pays all closing costs
" Clean title, ready to close
________________________________________
= ACCESS & TERMS
" Property is vacant & secured
" Lockbox access available upon request
________________________________________
=Þ CONTACT
Jorge Cortes
Phone: 786-290-3795 Email: [email protected]
Location
State MI
County Wayne
Area Wayne County - 100
Rooms
Basement Full
Interior
Heating None
Fireplace false
Laundry Electric Dryer Hookup, Gas Dryer Hookup, In Basement
Exterior
Parking Features Garage Faces Side, Garage Faces Front, Detached
Garage Spaces 2.0
View Y/N No
Garage Yes
Building
Story 2
Sewer Public
Water Public
Architectural Style Ranch
Structure Type Brick
New Construction No
Schools
Elementary Schools Wayne Elementary School
School District Detroit
Others
Tax ID 21068451.
Acceptable Financing Cash, FHA, VA Loan
Listing Terms Cash, FHA, VA Loan