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52 FERRIS Street Highland Park, MI 48203
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Key Details
Sold Price $105,000
Property Type Multi-Family
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $75
Subdivision Steven & Candler Sub Block No 1
MLS Listing ID 20230004606
Sold Date 03/23/23
Style Colonial
Bedrooms 3
Full Baths 3
Half Baths 3
Originating Board Realcomp II Ltd
Year Built 2005
Annual Tax Amount $420
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50.00 x 125.00
Property Description
***Investor Special***3 single-family homes (35 Candler, 36 Candler, 52 Ferris) for a cash flowing portfolio just a block off of Woodward! Properties were built in 2005 and outfitted with PEX plumbing and an updated electrical system. There is a new roof on 52 Ferris. The portfolio is currently under market value with long-term tenants at $750 ( section 8 ) and $700. There is a projected market value of $2,400 in rental income. This is a great opportunity to start or add to your portfolio with new construction property. Properties are minutes from Palmer Park, Detroit Golf Club, University of Detroit Mercy, and freeway access!
*** Tenant occupied please do not disturb tenants. Showings and inspection are only available with an acceptable offer ***
Location
State MI
County Wayne
Area Highland Park
Zoning Multi-Family
Direction NE of Woodward Ave/S of E McNichols
Rooms
Basement Unfinished
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Pool No
Road Frontage Paved
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial
Level or Stories 2 Story
Structure Type Aluminum
Schools
School District Highland Park
Others
Pets Allowed Yes
Tax ID 43002010046000
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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