3737 Scovel Place, Detroit, MI 48208

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List Price
$900,000
Days on Market
793
MLS#
24029554
Status
ACTIVE
Type
Multifamily
Neighborhood
Wayne County - 100

Property Description

Great investment opportunity! Newly updated 20 unit occupied apartment building with leases in place in a convenient location. Find your way downtown in less 10 minutes or to midtown in just 5 minutes!The building comes with ample parking in an attached concrete lot directly next to building. The entire building has been rental certified and has passed lead inspection by the city of Detroit. There are 10 one bedroom units and 10 studio units. The majority of all units have newer flooring, paint, and lighting. All unit doors have are equipped steel doors with keyless/digital entry as well as deadbolt locks. All units have their own electric meter along with heating and cooling units. Each unit is separately metered. All tenant pay thier own electric bills. All one bedroom units have new furnaces and AC units. Each studio units have new mini-split systems that have heat and AC. The majority of the plumbing stacks have been replaced. The front door has new hinges and locking mechanism, the back door is an all new steel door. The roof was aluminum seal coated in 2016. The hot water tank was replaced for the entire building in 2016. The entire Building has newer windows. All common areas have new LED light fixtures. A new camera system has been installed throughout the entire building and outside.

Additional Information

Owner Pays
Trash Collection
Taxes
$12,844
Acres
0.15
Basement
Full
Heating
Radiant
Roofing
Rubber
School District
Detroit
Tenant Pays
Electricity, Gas
Total Parking Spaces
12
Utilities
Natural Gas Connected, Natural Gas Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ryan Heward from Listing Office: Golden Key Real Estate LLC.

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