12365 GRIGGS Street, Detroit MI 48204 Photo 1 12365 GRIGGS Street, Detroit MI 48204 Photo 2 12365 GRIGGS Street, Detroit MI 48204 Photo 3 12365 GRIGGS Street, Detroit MI 48204 Photo 4 12365 GRIGGS Street, Detroit MI 48204 Photo 5 12365 GRIGGS Street, Detroit MI 48204 Photo 6 12365 GRIGGS Street, Detroit MI 48204 Photo 7 12365 GRIGGS Street, Detroit MI 48204 Photo 8
Provided through IDX through Realcomp II Ltd, via CENTURY 21 Affiliated. Courtesy of Prosperous Properties Llc and Realcomp Ii Ltd. Copyright 2017 Realcomp II Ltd. Shareholders

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12365 GRIGGS Street - This 2 family flat would ideal for an investor looking to acquire an income property with little down. Overall the property is in good shape. It does need a furnace, water heater, and a few other updates. Each flat can be rented out for about $400-500/month. If a decent ROI is what you're looking for, then come take a look at this one. Listed at cash purchase price. Land Contract price is $37,000. Monthly payment on Land Contract is negotiable. Seller will look at all offers. Submit offers with recent proof of funds.

Listing information

  • MLS® ID: 216118097
  • Baths: 2 (Full: 2 3/4: 0 1/2: 0 Other: 0)
  • New Construction: No
  • Lot Area: 0.09
  • School District: Detroit
  • Style: Duplex
  • Status: Active
  • Foreclosure: No
  • Lot Size: 35.00X108.00
  • Subdivision: Coon Frederick Sub
  • Year Built: 1924
  • Stories: 0
  • Total Square Footage: 2,050 ($6.34 per sq. foot)
  • County: Wayne

Features

Architecture Level 2 Story
Architecture Style Duplex
Basement Type Unfinished
Foundation Details Basement
Foundation Materials Block
Heating Forced Air
Heating Fuel Natural Gas
Income Projection Projected
Other Assessment - 340, Basement YN - 1, Encroachment YN - 0, Frontage Feet - 35, Gross Scheduled Income - 9600.00, Inventory List YN - 0, Land Contract YN - 0, Legal Rental Certified YN - 0, Monthly Rental Income - 800, Net Operating Income - 7680.00, Number Of Units Leased - 0, Number Of Units Total - 2, Restrictions YN - 0, Sqft Total Bsmt - 1025, Tax Amount Summer - 867.0000, Tax Amount Winter - 76.0000, Unit Efficiency Number Of - 0, Unit One Bed Number Of - 0, Unit Three Bed Number Of - 0, Unit Two Bed Number Of - 2, Waterfront YN - 0, Zone Conform YN - 1
Ownership Status Private Owned, Short Sale - No
Road Frontage Type Paved, Pub. Sidewalk
Zoning Multi-Family
Provided through IDX through Realcomp II Ltd, via CENTURY 21 Affiliated. Courtesy of Prosperous Properties Llc and Realcomp Ii Ltd. Copyright 2017 Realcomp II Ltd. Shareholders