3990 BEACONSFIELD Street Detroit, MI 48224
Other
MLS #: 20250022960
Courtesy Of Downtown Realty
500 Griswold Ste 2420, Detroit, MI 48226
500 Griswold Ste 2420, Detroit, MI 48226
Property InformationDescription
LOCATED 7 MINUTES FROM THE INFAMOUS CITY OF GROSSE POINTE AND JEFFERSON/CHALMERS, YOU WILL FIND 3990 BEACONSFIELD NESTLED ON A HUGE 4,356 SQUARE FOOT LOT IN THE QUIET "MORNINGSIDE" NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A BRAND NEW 40 YEAR TEAR OFF ROOF TOWERING OVER TWO SPACIOUS 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND 2 HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS NEWER ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1413 AND $1277 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING TOTAL OF $2690. THESE TENANTS PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Exterior Type: Brick
- Legal Description: E BEACONSFIELD 245 MOORE & MOESTAS SUB L38 P29 PLATS, W C R 21/469 40 X 112
- MLSID: 20250022960
MAP & DIRECTIONS
Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.
