23
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$125,000
Est. payment /mo
4 Beds
2 Baths
1,464 SqFt
New
15038 Mayfield Street Detroit, MI 48205
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,464 sqft
Price per Sqft $85
MLS Listing ID 20251006438
Bedrooms 4
Full Baths 1
Half Baths 1
Year Built 1941
Annual Tax Amount $954
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 36X106
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
LOCATED JUST 6 MINUTES FROM THE HISTORIC EAST ENGLISH VILLAGE YOU WILL FIND 15038 MAYFIELD NESTLED ON A 3,920 SQUARE FOOT LOT IN THE MAPLERIDGE QUIET NEIGHBORHOOD OF HOMEOWNERS. BRAND NEW ROOF TEAR OFF WITH 40 YEAR WARRANTY, THIS CROWN JEWEL CONSISTS OF 4 RECENTLY REMODELED SECTION 8 BEDROOMS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS NEWER FURNACE AND HOT WATER TANK. IN ADDITION, HAS BRAND NEW PLUMBING AND NEWER ELECTRICAL AS WELL TO INSURE MAINTENANCE FREE CASH FLOW. BRAND NEW ALUMINUM TRIM PAIRED WITH SOLID BRICK STRUCTURE COMPLETE THE CURB APPEAL TO YOUR ROYAL HIGHNESS. EACH SPACIOUS BEDROOM HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH A LONG TERM SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1,700 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY 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 WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER. LET'S CLOSE!
Location
State MI
County Wayne
Area Wayne County - 100
Direction Mayfield & Hayes
Interior
Heating Forced Air, Hot Water
Exterior
Parking Features Detached
Garage Spaces 1.0
View Y/N No
Garage Yes
Building
Story 2
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 21014855
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Downtown Realty