7757 Lamphere Detroit, MI ^$ 129,900

7757 Lamphere

^$ 129,900

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7757 Lamphere

Detroit, MI, 48239

^$ 129,900

Studio Baths2.0 Sq 1,022

Monthly Estimate*

^$ 863

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Studio

Multi-Family Home for sale in Detroit, MI

for $129,900 with 2 full baths. This 1,022 square foot home was built in 1947.

CALLING ALL INVESTORS - TENANT OCCUPIED**** Newly renovated high performing single-family unit that will make the perfect addition to your current or new investment portfolio. Current tenant pays $1350 per month , low maintenance, always pays on time and hassle-free lease is thru 1/17/2025 CURRENT RENT COMPS IN THIS AREA ARE APPROX $1300- $1500 A MONTH WHICH GIVES THIS PROPERTY A GREAT ROI factoring in yearly expenses including taxes and insurance less than $3500 for the year. Property is located in a quiet and well-maintained neighborhood. Showings will be limited based on tenant availability.

Multi-Family Pending

Price

^$ 129,900

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,535

Style

Bungalow

Year Built

1947

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60305796

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Pending Pending

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1947

Style Bungalow

County Wayne

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality Detroit

Zoning Multi-Family

Subdivision MI

Structure Style 1 1/2 Story

Area Detroit (82001)

Primary City Detroit

Directions S OF TIREMAN E OF TELEGRAPH

City Detroit

School District Detroit City School District

Street Name Lamphere

Financial Terms Cash Conventional FHA

Legal Description W LAMPHERE 1044 ALSO E 9 FT & S 10 FT OF VAC ALLEYS ADJ ROUGE PARK SUB NO 2 L62 P70 PLATS W C R 22/661 50 X 133.81

DOM 32

Postal Code 48239

Price Per Sq Ft Total AG 127.1

Coming Soon

Interior

Basement Poured Partially Finished

Fireplace? No

Total Number of Units 3

Fuel Type Natural Gas

Exterior

Exterior Brick

Frontage 50

Lot Size Area 0

Lot Dimensions 50X134

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Dominic Shaba

Listing Agent

Exp Realty Llc

Broker

soldwithdominic@gmail.com

Affordability Calculator

$1,075

Per Month

Monthly Principal & Interest: $863
Monthly Property Taxes: $211
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$226,509

Percent of Sale Price 74%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/7/2024	$129,900		Listed Price

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7757 Lamphere, Detroit, MI, 48239 is a Multi-Family Home for sale at $129,900 with 1,022 sqft. 7757 Lamphere is a studio with 2.0 baths and was built in 1947. The property's zip code is 48239 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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7757 Lamphere

Multi-Family Home for sale in Detroit, MI

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