5856 Barrett St, Detroit city, Michigan

$160,000

Previous Next

2

Baths

2,140

Square feet

0.09

Acres

About 5856 Barrett St

MULTIPLE OFFERS RECEIVED, HIGHEST AND BEST DUE BY FRIDAY AT NOON. BRAND NEW ROOF TEAR OFF WITH 40 YEAR WARRANTY! LOCATED JUST 6 MINUTES FROM THE HISTORIC EAST ENGLISH VILLAGE YOU WILL FIND 5856 BARRETT NESTLED ON A 3,833 SQUARE FOOT LOT IN CHANDLER PARK QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL DUPLEX CONSISTS OF 2 RECENTLY REMODELED SECTION 8 UNITS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS 2025 FURNACES AND HOT WATER TANKS. IN ADDITION, EACH UNIT HAS BRAND NEW ELECTRICAL&AND PLUMBING AS WELL TO INSURE MAINTENANCE FREE CASH FLOW. BRAND NEW SIDING AND ALUMINUM TRIM PAIRED WITH NEW WINDOWS COMPLETE THE CURB APPEAL TO YOUR ROYAL HIGHNESS. EACH SPACIOUS 3 BEDROOM UNIT HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS FROM SAME AGENCY AND THE MONTHLY DIVIDENDS OF $2,550 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER. LET'S CLOSE!

Features of 5856 Barrett St

MLS® # 20250034865
Price $160,000
Bathrooms 2.00
Full Baths 2
Square Footage 2,140
Acres 0.09
Year Built 1927
Type Multifamily
Sub-Type Bungalow
Style Bungalow
Status Active

Community Information

Address 5856 Barrett St
Area 05055 - Det Con-Mors/Grat. Hstn/7 Mack
Subdivision BLANKES PARK SIDE SUB
City Detroit city
County Wayne
State Michigan
Zip Code 48213

Amenities

# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Fireplace No

Exterior

Construction Brick
Foundation Basement, Block

School Information

District Detroit

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRealtyflo Inc
Contact Infokopaniamarta@gmail.com

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?