8956 RUTHERFORD Street Detroit, MI ^$ 115,000

8956 RUTHERFORD Street

^$ 115,000

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8956 RUTHERFORD Street

Detroit, MI, 48228

^$ 115,000

Studio Baths2.0 Sq 1,680

Monthly Estimate*

^$ 803

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Studio

Multi-Family Home for sale in Detroit, MI

for $115,000 with 2 full baths. This 1,680 square foot home was built in 1949 on a lot size of 0.11.

Money making side by side two family on the westside with separate entrances/exits and separate basement spaces. Gross income of $2100/mo. Owner is currently pursuing their certificate of compliance with the City of Detroit. Sit back and watch the money roll in (turnkey). Potential 15-19% ROI. Separate utilities, owner is responsible for the water. No showings without an offer with proof of funds or pre-approval so as not to constantly bother the existing tenants.

Multi-Family Pending

Price

^$ 115,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,500

Style

Colonial

Lot Size

0.11

Year Built

1949

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60300394

Features

General

Heating Forced Air

Possession Subject To Tenant Rights

Water Public Water Public Water at Street

Status Pending Pending

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1949

Subdivision FRISCHKORNS JOY ROAD (PLATS) MI

Style Colonial

County Wayne

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality Detroit

Zoning Multi-Family

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Greenfield to Ellis St (West) to Rutherford (South) to address

City Detroit

School District Detroit City School District

Street Name RUTHERFORD

Financial Terms Cash Conventional FHA

Legal Description E RUTHERFORD 110 EXC S 7.23 FT FRISCHKORNS JOY RD SUB L70 P57 PLATS W C R 22/714 45.30 IRREG

DOM 6

Postal Code 48228

Price Per Sq Ft 68.45

Coming Soon

Interior

Basement Poured

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick

Frontage 45

Lot Size Area 0.11

Lot Dimensions 45.00 x 109.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Danny Peterson

Listing Agent

Exp Realty Llc

Broker

danny.peterson@exprealty.com

Affordability Calculator

$1,012

Per Month

Monthly Principal & Interest: $803
Monthly Property Taxes: $208
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$211,874

Percent of Sale Price 84%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/15/2024	$115,000		Listed Price

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8956 RUTHERFORD Street, Detroit, MI, 48228 is a Multi-Family Home for sale at $115,000 with 1,680 sqft and a lot size of 0.11. 8956 RUTHERFORD Street is a studio with 2.0 baths and was built in 1949. The property's zip code is 48228 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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8956 RUTHERFORD Street

Multi-Family Home for sale in Detroit, MI

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