$197,000 for Sale

1200 lenox street, detroit, MI 48215

Beds 6 Baths 2 2,473 Sqft 0.09 Acres 1 of 33
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Property Description
LOCATED 3 MINUTES FROM HISTORIC JEFFERSON CHALMERS AND 6 MINUTES FROM GROSSE POINTE, YOU WILL FIND 1200 LENOX NESTLED ON A 3,789 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST TWO 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS BRAND NEW WINDOWS AND HAS NEW ELECTRICAL + PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 3250. THESE TENANTS COVERS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 PER. THE TAXES HAVE BEEN REDUCED TO ROUGHLY 196 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
General Information
Sale Price: $197,000
Price/SqFt: $80
Status: Active
MLS#: rcomi20240078637
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: jefferson & mack ave sub (plats)
Acres: 0.09
Lot Dimensions: 35.00 x 109.00
Bedrooms:6
Bathrooms:2   (2 full, 0 half)
House Size: 2,473 sq.ft.
Acreage: 0.09 est.
Year Built: 1922
Property Type: Single Family
Style: Other
Features & Room Sizes
Bedroom 1: 
Bedroom 2 : 
Bedroom 3: 
Bedroom 4: 
Family Room: 
Greatroom: 
Dinning Room: 
Kitchen: 
Livingroom: 
Pole Buildings: 
Paved Road:  Paved
Garage:  No Garage
Construction:  Brick
Exterior:  Brick
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Heating:  Wall/Floor Furnace
Fuel:  Natural Gas
Waste:  Sewer at Street
Watersource:  Water at Street
Tax, Fees & Legal
Home warranty:  Yes
Est. Summer Taxes:  $2,034
Est. Winter Taxes:  $207
Legal Description:  E LENOX N 16 FT 102 S 19 FT 101 BLK 1-JEFFERSON & MACK AVE SUB L18 P75 PLATS, W C R 21/309 35 X 108.60


IDX provided courtesy of Realcomp II Ltd. via Oakland Corners Realty and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Marta Kopania of 1st Michigan Real Estate, Phone:
248-342-4949 Call Holly Pifer for more information about this property.

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Holly Pifer
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248-342-4949

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This Home located at
1200 lenox street, detroit MI 48215
is currently for sale priced at $197,000 and was listed on October, 16, 2024 and has been on the market for 13 days.

1200 lenox street has 6 bedrooms, 2 bathrooms, and approximately 2,473 square feet. This home is in the detroit school district and has a lot size of 35.00 x 109.00 with 0.09 acres and was built in 1922. 1200 lenox street is in the 48215 ZIP Code area of detroit.

If you have any question about this property or any others, please don't hesitate to contact me.