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8611 STOUT Street, Detroit 48228-2860



Listing Price: $60,000



Local Information
County Wayne
City/Township Detroit
Mailing City Detroit
School District Detroit
Location Joy Rd/Evergreen Rd
Directions Just west of Evergreen between Tireman and Joy Rd
Garage Size 1 Car
Garage Dimensions 40.00 x 136.00
Garage Features Detached
Acreage 0.12
Lot Dimension 40.00 x 136.00
Road Front Feet 40


Square Footage
Sqft Source Public Records
Estimate Finished Above Ground 693
Price/SqFt $86.58
Bedrooms 2
Bathrooms 1.0
Rooms 4
Architecture Style Ranch
Architecture Level 1 Story


General Information
Year Built 1949


Listing Information
Listing Activation Date 10/10/2024
Terms Offered Cash, Conventional
Possession Subject To Tenant Rights


Features
Foundation Basement
Foundation Features Fenced
Basement Unfinished
Exterior Features Fenced
Exterior Aluminum
Porch Type Porch
Roof Material Asphalt
Heat & Fuel Natural Gas, Forced Air
Water Heater Fuel Natural Gas
Water Source REALCOMP
Entry Location Ground Level w/Steps
Foundation Material Block
Fencing Back Yard
Road Paved
Sewer Public Sewer (Sewer-Sanitary)


Legal/Tax/Financial
Ownership Standard (Private)
Tax Summer $1,436
Tax Winter $146
Taxable Value $15,540
Occupant Tenant
Homestead No
Existing Lease Yes
Home Warranty No
Subdivision WALSHS JOHN H PARKSIDE


Public Remarks
10% CAP RATE***HIGH ROI**WARRENDALE INVESTMENT PROPERTY NEAR DEARBORN** CASH FLOWING INVESTOR SPECIAL** Performing Westside Ranch located on a solid block. Rented for $850 cash to a great tenant. This charming ranch features 2 nice size bedrooms and a full bath. Large living room, kitchen and full basement provides plenty of living space. Home has newer 3D Roof, vinyl windows and detached garage. Property is fenced and private. Terrific opportunity to add a performing rental to your portfolio. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!