MI > Wayne > Detroit > 12935 Payton Street
  • 3 Bedrooms
  • 2 Full Bath
  • 1,030 SqFt
  • MLS# 20230105876
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248-304-6700

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248-208-3883

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(((oh))) W(@)W - - LOOK ! Finally I can discover the future of smart investing witha great TURNKEY investor special in the BOOMING city of Detroit: Certified, Rented and VERY Profitable! If you are looking for a hassle-free and lucrative investment opportunity in one of the world's top property markets, this is the deal for you. This property features: A SECTION 8 Tenant - paying $1,350 per month, giving you a secure and steady income stream. A 14.37% ROI - making this one of the best investments anywhere. 3 Bedrooms with 1 Bathroom A Fully CERTIFIED and UPDATED property - meeting all the city and section 8 standards, saving you time and money on repairs and inspections. A prime location in Detroit, a city that is experiencing a remarkable economic and cultural revival, attracting businesses, tourists and many new residents. With this property you won't have to do anything but collect the rent checks. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. DO NOT DISTURB TENANTS. CONTACT US TODAY TO MAKE THIS PROPERTY YOURS! SELLER HAS 10 OTHER SECTION 8 PROPERTIES FOR SALE IF YOU WOULD LIKE TO BUY A PACKAGE. Property Management by RPI Management Inc Lease Term: 6/30/23 – 6/30/24. [[ Seller has multiple properties that can be bundled as package deal: 15776 Ardmore, 12935 Payton, 12110 Braile, 8666 Burt, 20006 Ohio, 19347 Conley, 18671 Shields, 19751 Fenelon, 8265 Ashton, 19260 Revere, 472 Wyoming, 12930 E Canfield, 9129 Forrer ]]

Property Information

Status
Active 
Address
12935 Payton Street 
City
Detroit 
Zip
48224 
County
Wayne 
Township
Detroit 
Possession
At Close 
Property Type
Residential
Listing Date
01/02/2024 
Subdivision
Park Drive No 4 (plats) 
Total Finished SqFt
1,030 
Above Grade SqFt
1,030 
Garage
1.0 
Garage Desc.
Detached 
Water
Public (Municipal)
Sewer
Public Sewer (Sewer-Sanitary)
Year Built
1943 
Architecture
1 1/2 Story 
Home Style
Bungalow 

School Information

School District
Detroit 

Taxes

Summer Taxes
$1,826 
Winter Taxes
$92 

Rooms and Land

Bath2
10.00X12.00 1st Floor
Living
12.00X10.00 1st Floor
Bedroom2
11.00X10.00 1st Floor
Bedroom3
10.00X11.00 1st Floor
BathOther
8.00X5.00 2nd Floor
Bedroom4
14.00X16.00 2nd Floor
Basement
Unfinished 
Heating
Forced Air, Natural Gas 
Acreage
0.11 
Lot Dimensions
42.00 x 115.00 

Features

Exterior Materials
Brick 

Mortgage Calculator

years
annual
annual

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20230105876 Active Pending Mar 1 2024 11:05AM 108
20230105876 Pending Active Feb 20 2024 1:11PM 108
20230105876 Active Jan 2 2024 6:36PM $98,000 108
2210024860 Expired Withdrawn Jul 16 2021 3:29AM 62
2210024860 Withdrawn Active Jun 16 2021 9:51PM 62
2210024860 Active Apr 15 2021 9:50AM $57,000 62
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

MIRC Logo

Listing Courtesy of Community Choice Realty Inc
(248) 729-0011
Office Address 261 E Maple

12935 Payton Street Detroit
Contact us
$98,000
For Sale • Bed: 3 • Bath: 2/0