LOCATED 6 MINUTES FROM THE HISTORICA0;A0;ROSEDALE YOU WILL FIND 13528 ARDMORE NESTLED ON A HUGE 4,410 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF AND CONSISTS OF 2 RECENTLY REMODELED UNITS . SHE HAS BEEN CAREFULLY UPGRADED… Read More AND HAS A NEWLY INSTALLED FURNACES AND HOT WATER TANKS. IN ADDITION SHE HAS NEWER PLUMBING AND BRAND NEW ELECTRICAL TO INSURE MAINTENANCE FREE CASH FLOW. THIS SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. SHE HAS JUST BEEN LEASED FOR 2 YEARS WITH SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $2297 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 BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER. Read Less
Provided through Realcomp II Ltd. Courtesy of 1st Michigan Real Estate, .
Listing Snapshot
Days Online
21
Last Updated
Property Type
Commercial
Square Ft.
1,512
Lot Size
0.1 Acres
Year Built
1926
MLS Number
20240089330
Additional Details
Property Access
Paved
Building
Built in 1926, Remodelled in 2024, 1,512 total square feet, 1,512 main square feet, Unit count: 0, 2 two-bedroom units, Vinyl
Water Features
Water at Street
Heating
Natural Gas
Lot
Lot size area: 0.10, Lot size dimensions: 40.00 x 110.00
Miscellaneous
Gross scheduled income: $27,564, Net operating income: $27,564, Operating expense: $0, Real Estate Only
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