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5900 SEMINOLE Street, Detroit 48213-4368



Listing Price: $399,990



Local Information
County Wayne
City/Township Detroit
Mailing City Detroit
School District Detroit
Location Seminole & Medbury
Directions Seminole & Medbury
Garage Size No Garage
Garage Dimensions 30.00 x 110.00
Acreage 0.08
Lot Dimension 30.00 x 110.00
Road Front Feet 1


Square Footage
Sqft Source Public Records
Estimate Finished Above Ground 3,600
Price/SqFt $111.11
Bedrooms 8
Bathrooms 4.0
Rooms 8
Architecture Style Other
Architecture Level 2 Story


General Information
Year Built 1923
Year Remodeled 2024


Listing Information
Listing Activation Date 09/18/2024
Terms Offered Cash, Conventional
Possession At Close


Features
Foundation Basement
Basement Unfinished
Exterior Brick
Heat & Fuel Natural Gas, Hot Water
Water Source REALCOMP
Entry Location Ground Level w/Steps
Foundation Material Block
Road Paved
Sewer Sewer at Street


Legal/Tax/Financial
Ownership Standard (Private)
Tax Summer $3,104
Tax Winter $338
Taxable Value $35,900
Occupant Tenant
Homestead No
Existing Lease Yes
Home Warranty No
Subdivision STEPHENS ELM PK (PLATS)


Public Remarks
MULTIPLE OFFER SITUATION! HIGHEST AND BEST DUE BY MONDAY AT 5PM. REDUCED! LOCATED 6 MINUTES FROM THE HISTORIC INDIAN VILLAGE AND WEST VILLAGE, YOU WILL FIND 5900 SEMINOLE NESTLED ON A 3,484 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF AND CONSISTS OF 4 RECENTLY REMODELED, TWO BED ROOM HOMES. SHE HAS BEEN CAREFULLY REDUCED! UPGRADED AND HAS NEWLY INSTALLED FURNACE’S AND HOT WATER TANKS. IN ADDITION, EACH UNIT HAS BRAND NEW PLUMBING BRAND NEW ELECTRICAL AS WELL TO INSURE MAINTENANCE FREE CASH FLOW. EACH SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 4 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 5,002 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.