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Item # CTR3503
$45,000.00
1407-1409 Chalmers Street
Detroit, MI 48215



Property Details

Bedrooms 4
Bathrooms 2.00
Property Type Duplex
Year Updated 2014
Year Built 1915
Sq. Feet 1956
Acres 0.09
Parcel # 21056152
Basement Unfinished Basement
Elem. School Carstens Elementary School
Middle School Pierce Middle School
High School Southeastern High School
County Wayne
Taxes $ 2,544.36
Monthly Rent $ 800.00
RealQuest Value $ 57,000.00
Homesnap Value $ 66,700.00
Homes.com Value $ 66,700.00

Additional Information

This property is located right next to GROSSE POINTE PARK, which is one of the most desirable areas in Detroit! Homes in that neighborhood sell for close to half a million dollars!

Renovations

We have completed the following repairs in February 2014: Replaced the furnace for each unit and new thermostat, new hot water heaters for both units, replaced broken pipes, new kitchen faucet, we are in the process of repairing the cabinets in the kitchen, new light fixtures, new switches and cover plates, repaired toilet, replaced seat and light fixtures in the bathroom, etc.

Rental Agreement

This DUPLEX is rented and cash flowing for a total of $800.00 a month! The lease agreements expire on January 31st, 2015. The tenants pay for all utilities. We have a property management company in place. They are responsible for collecting rent and overseeing the property. Their monthly management fee is 8%. We can provide you with their contact info upon request.

What do I get?

The above photos are of the actual property you are purchasing, and the price shown is the price you pay to buy the entire property. You are not bidding on or offering to buy a lien or certificate for this home, you are buying the entire property for the purchase price listed.