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48205 Market info

$188,700

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  • 3 Units
  • 2,534 SqFt
  • MLS# 20240058156
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LOCATED 8 MINUTES FROM THE HISTORIC EAST ENGLISH VILLAGE DISTRICT, YOU WILL FIND 18041 PELKEY NESTLED ON A 5,227 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOASTS A BRAND NEW ROOF TO ENSURE REPEAT DIVIDENDS FOR MANY YEARS TO COME. YOUR APARTMENT COMPLEX CONSISTS OF 3 RECENTLY REMODELED 3 BEDROOM AND 1 BED UNITS. EACH UNIT HAS BEEN UPGRADED AND HAS ENTIRELY BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. FURTHERMORE THE ENTIRE COMPLEX HAS NEW ELECTRICAL AND PLUMBING FROM TOP TO BOTTOM. EACH SPACIOUS UNIT HAS FRESHLY ROLLED PAINT AND ONE WITH BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN RENTED WITH 3 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 3613 PAID IN FULL BY THE GOVERNMENT. TENANTS COVER ALL THE UTILITIES WITH ROI OF JUST UNDER 20 PERCNT. THE TAXES HAVE BEEN REDUCED TO ROUGHLY 75 PER MONTH. THIS DIAMOND WILL WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER. LET'S CLOSE!

Property Information

Status
Active 
Address
18041 Pelkey Street 
City
Detroit 
Zip
48205 
Year Built
1927 
Style
Triplex 
Possession
At Close 
Architecture
2 Story 
Listing Date
08/07/2024 
Subdivision
Trombley Pk 
County
Wayne 
Above Grade SqFt
2,534 
Total No of Units
3 

School Information

School District
Detroit 

Taxes

Summer Taxes
$1,542 
Winter Taxes
$147 

Rooms and Land

Lot Dimensions
40.00 x 126.00 
Total Acres
0.12 

Features

Style
Triplex 
Basement
Unfinished 
Heating
Hot Water, Natural Gas 

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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
20240058178 Aug 30 2024 11:41AM $188,700 $199,990 51
20240058156 Aug 30 2024 11:39AM $188,700 $199,990 51
20240058178 Active Withdrawn Aug 15 2024 12:43PM $199,990 $250,000 51
20240058156 Active Withdrawn Aug 15 2024 12:41PM $199,990 $250,000 51
20240058174 Withdrawn Active Aug 8 2024 12:37PM 51
20240058178 Withdrawn Active Aug 8 2024 12:13PM 51
20240058156 Withdrawn Active Aug 8 2024 12:11PM 51
20240058178 Active Aug 7 2024 9:05PM $250,000 51
20240058156 Active Aug 7 2024 7:36PM $250,000 51
20230105830 Sold Pending Apr 23 2024 10:37AM $40,000 107
20230105830 Pending Contingency Apr 16 2024 9:13AM 107
20230105830 Contingency Active Apr 13 2024 2:40PM 107
20230105830 Mar 26 2024 10:05AM $49,900 $54,900 107
20230105830 Mar 7 2024 9:12AM $54,900 $60,000 107
20230105830 Active Dec 28 2023 12:36PM $60,000 107
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, emails, and texts from Real Estate One and others about your inquiry and other home-related matters, but not as a condition of any purchase. To opt-out, you can reply 'stop' to texts or click the unsubscribe link in the emails. Msg/data rates may apply. View Privacy Policy.

Listing Broker

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Listing Courtesy of 1st Michigan Real Estate

Office Address 125 Arcola

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18041 Pelkey Street Detroit
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$188,700
For Sale • No. of Units: 3