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1599 Magnolia Drive Inkster, MI 48141
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Key Details
Sold Price $80,000
Property Type Single Family Home
Sub Type Ranch
Listing Status Sold
Purchase Type For Sale
Square Footage 1,008 sqft
Price per Sqft $79
Subdivision Dearborn Hills Manor Sub
MLS Listing ID 20240092462
Sold Date 01/21/25
Style Ranch
Bedrooms 3
Full Baths 1
HOA Y/N no
Originating Board Realcomp II Ltd
Year Built 1957
Annual Tax Amount $1,578
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 50.00 x 110.00
Property Description
Currently rented at $1200/mo, this stabilized single family is a great addition to your portfolio offering a 12% cash on cash return from day one. Dense, well-maintained block in Inkster. Three bedrooms, one full bathroom, large kitchen, fenced yard and stacked laundry unit make this a desirable and durable rental. You're guaranteed never to have an issue with water intrusion in the basement as it does not exist. Tenant pays all utilities. Showings require proof of funds or pre-approval.
Location
State MI
County Wayne
Area Inkster
Direction West on 96, South on Inkster Rd
Interior
Heating Baseboard
Fireplace no
Heat Source Electric
Exterior
Garage Description No Garage
Road Frontage Paved
Garage no
Building
Foundation Crawl
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Ranch
Warranty No
Level or Stories 1 Story
Structure Type Brick,Wood
Schools
School District Westwood
Others
Tax ID 44006010538000
Ownership Short Sale - No,Private Owned
Assessment Amount $166
Acceptable Financing Cash, Conventional, Warranty Deed
Rebuilt Year 2018
Listing Terms Cash, Conventional, Warranty Deed
Financing Cash,Conventional,Warranty Deed
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Bought with Keller Williams Somerset