3955 Greenspan Ave, Detroit 48227

$2,375,000

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MLS#: 216112889
• For Sale
3 Bedrooms • 1 Full Baths • 1 Half Baths • 65,789 SqFt
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248-304-6700

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******PLEASE NOTE > THIS LISTING IS FOR A 54 SINGLE-FAMILY HOME RESIDENTIAL 'PACKAGE'. PROFITABLE, TURN-KEY RESIDENTIAL PORTFOLIO. WELL MAINTAINED, PROFESSIONALLY MANAGED. CALCULATES TO $44,000 PER DOOR. $361,166 CURRENT ANNUAL INCOME +$42,000 MORE AS RENT-READY UNITS BECOME LEASED. GREAT OPPORTUNITY TO INVEST IN DETROIT! INVEST IN A SOLID RESIDENTIAL PORTFOLIO THAT'S ALREADY PRODUCING PROFIT. APPROX. 15-16% CAP RATE. MULTIPLE LOCATIONS & ZIP CODES THROUGHOUT DETROIT. TOO MANY ADDRESSES TO LIST. PLEASE CONTACT LISTING AGENTS FOR ADDITIONAL INFORMATION. SERIOUS INQUIRIES ONLY.

Property Information    

Status
Active 
Address
3955 Greenspan Ave 
City
Detroit 
Zip
48227 
County
Wayne 
Township
Detroit 
Possession
Tenant Occupied 
Listing Date
11/28/2016 
Subdivision
B E Taylors Luana Sub (plats) 
Total Finished SqFt
65,789 
Above Grade SqFt
65,789 
Garage
1.0 
Water
Municipal Water
Sewer
Sewer-Sanitary
Year Built
1941 
Architecture
1 1/2 Story 
Home Style
Other 

School Information

School District
Detroit 

Taxes

Taxes
$1,718 
Summer Taxes
$1,541 
Winter Taxes
$177 

Rooms and Land

MasterBedroom
20 x 12 2nd Floor
Bedroom2
12 x 12 Entry
Bedroom3
12 x 10 Entry
Kitchen
14 x 11 Entry
Heating
Forced Air, Natural Gas 
Acreage
0.12 
Lot Dimensions
44.00X121.00 

Features

Exterior Materials
Block/Concrete/Masonry, Brick, Wood 

Listing Video for 3955 Greenspan Ave, Detroit MI 48227

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Listing Broker

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Listing Courtesy of Michigan Metropolitan, Realtors®
Office Address 3036 W 12 Mile Rd Ste 100