$197,000 for Sale

1200 lenox street, detroit, MI 48215

Beds 6 Baths 2 2,473 Sqft 0.09 Acres 1 of 33
Property Description
LOCATED 3 MINUTES FROM HISTORIC JEFFERSON CHALMERS AND 6 MINUTES FROM GROSSE POINTE, YOU WILL FIND 1200 LENOX NESTLED ON A 3,789 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST TWO 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS BRAND NEW WINDOWS AND HAS NEW ELECTRICAL + PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 3250. THESE TENANTS COVERS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 PER. THE TAXES HAVE BEEN REDUCED TO ROUGHLY 196 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
General Information
Sale Price: $197,000
Price/SqFt: $80
Est. Payments: $1,293*
Status: Active
MLS#: 20240078637
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: jefferson & mack ave sub (plats)
Acres: 0.09
Lot Dimensions: 35.00 x 109.00
Bedrooms:6
Bathrooms:2   (2 full, 0 half)
House Size: 2,473 sq.ft.
Acreage: 0.09 est.
Year Built: 1922
Property Type: Single Family
Style: Other
Features & Room Sizes
Paved Road:  Paved
Garage:  No Garage
Construction:  Brick
Exterior:  Brick
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Heating:  Wall/Floor Furnace
Fuel:  Natural Gas
Waste:  Sewer at Street
Watersource:  Water at Street
Tax, Fees & Legal
Home warranty:  Yes
Est. Summer Taxes:  $2,034
Est. Winter Taxes:  $207
HOA fees:  0
Legal Description:  E LENOX N 16 FT 102 S 19 FT 101 BLK 1-JEFFERSON & MACK AVE SUB L18 P75 PLATS, W C R 21/309 35 X 108.60
Map


IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Marta Kopania of 1st Michigan Real Estate, Phone:
(810) 955-8036 Call Mike Jennings for more information about this property.

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Mike Jennings
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(810) 955-8036

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This Single-Family Home located at
1200 lenox street, detroit MI, 48215
is currently for sale. This property is listed for $197,000.
For Sale | $197,000 | 6 Bed, 2 Bath | 2,473 Sq Ft MLS ID rcomi20240078637
1200 lenox street has 6 bedrooms, approximately 2,473 square feet. This home is in the detroit school district and has a lot size of 35.00 x 109.00 with 0.09 acres and was built in 1922. 1200 lenox street is in detroit and in ZIP Code 48215 area.
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