14101 Saratoga Avenue Detroit, MI $ 110,000
14101 Saratoga Avenue
$ 110,000
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14101 Saratoga Avenue

Detroit, MI, 48205
$ 110,000
Baths0.0

Monthly Estimate*

$ 768

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Studio

Multi-Family Home for sale in Detroit, MI

for $110,000. This home was built in 1971 on a lot size of 0.09.

Welcome to an excellent investment property tailored for first-time investors in the vibrant city of Detroit. This property not only promises a solid return on investment but also offers a unique opportunity for owner-occupation with a guaranteed income stream. Live in one unit and collect rent from second unit, or rent out the unit and get double income! Downstairs Unit Currently occupied by a Section 8 tenant paying $980/month, providing a guaranteed and consistent income stream. This government-backed program ensures reliable payments and minimizes the risk associated with vacancies.

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Multi-Family Pending

Price

$ 110,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 836

Style

2 to 4 Units

Lot Size

0.09

Year Built

1971

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

24002319

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Utilities Public Water Available Public Sewer Available Electric Available Natural Gas Connected Electric Connected
Construction Materials Brick
Year Built 1971
Tenant Pays Electric Sewer Gas
Property SubType 2 to 4 Units
Tax Year 2023
County Wayne
New Construction N
Property Type Multi-Family
Status Pending
Directions 7 mile and Gratiot ave
City Detroit
High School District Detroit
Total Units 2
MLS Area Wayne County - 100
Lot Size Square Feet 3920.0
Waterfront Y/N N
Street Name Saratoga
Land Lease Y/N N
Tax Annual Amount 836.0
Lease Renewal Y/N N
MLS Area Minor Wayne County - 100
Additional Parcels Y/N N
Rent Control Y/N N
Days on Market 58
Standard Status Pending
Tax Assessed Value 17700
Legal Description N SARATOGA 1016 SEYMOUR & TROESTERS MONTCLAIR HEIGHTS SUB NO 2 L40 P74 PLATS W C R 21/594 36 X 103
Senior Community None
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Interior
Basement Full
Total Fireplaces 1
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Exterior
Total Parking 2.0
Lot Size Area 0.09
Number of Buildings 1
Spa N
Lot Dimensions 36 x 103
Lot Size Acres 0.09
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 14101
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* Excluded Features
List By
Arterra Luxe Collection Llc

Broker

dreamhomebykristina@gmail.com

Email

Affordability Calculator

$838
Per Month
92%
8%
0%
Monthly Principal & Interest
$768
Monthly Property Taxes
$70
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3706345 Elementary School
3706341 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/9/2024$110,000 Listed Price

Map


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14101 Saratoga Avenue, Detroit, MI, 48205 is a Multi-Family Home for sale at $110,000 with a lot size of 0.09. 14101 Saratoga Avenue is a studio with 0.0 baths and was built in 1971. The property's zip code is 48205 which is in Detroit, MI