7508 Asbury Park Detroit, MI $ 63,000
7508 Asbury Park
$ 63,000
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7508 Asbury Park

Detroit, MI, 48228
$ 63,000
Bedrooms3 Baths1.0 Sq 904

Monthly Estimate*

$ 419

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Single Family Home for sale in Detroit, MI

for $63,000 with 3 bedrooms and 1 full bath. This 904 square foot home was built in 1943 on a lot size of 0.1.

This could be your home or the next cash-cow in your portfolio current rent $800 a month and that is WAY below market value/average, great opportunity to increase rent and cashflow, current lease is month to month, tenant is current! Cute as a button 3 bedroom 1 bath Bungalow with covered porch on a partially finished basement. 2 car detached garage in a fenced yard with back patio. This home is just waiting for your updates. Cash or Conv. Home sold as is and buyer to pay any back water and taxes. Close to grocery, shopping, and major freeways that will have you in the suburbs or downtown in minutes. Please do not disturb tenants this property is occupied. Due to COVID protocol there will be no showings on tenant occupied property without an accepted offer. All information to be confirmed by the buyer and/or their agent(s) Almost 14% gross cash on cash return & beats the 1% rule! (1.14)

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Single Family Pending

Price

$ 63,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 938

Style

Bungalow

Lot Size

0.1

Year Built

1943

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60065069

Features
General
Heating Forced Air
Kitchen Level Entry
Possession Subject To Tenant Rights
Garage Detached Garage
Exterior Features Porch
Water Public Water
Status Pending Pending
Full Baths 1
Half Baths 0
Bathrooms 1
Year Built 1943
Subdivision MORIN PARK SUB NO 1(PLATS) MI
Water Heater Gas
Style Bungalow
County Wayne
Class RESIDENTIAL
Type Single Family
Percent Ownership Private
Municipality Detroit
Structure Style 1 1/2 Story
Area Detroit (82001)
Primary City Detroit
Directions North of Warren and East of Southfield
City Detroit
School District Detroit City School District
Street Name ASBURY PARK
Financial Terms Cash Conventional
Legal Description E ASBURY PARK 36 & W 8 FT VAC ALLEY ADJ MORIN PARK SUB NO 1 L41 P94 PLATS W C R 22/247 40 X 109.79A
DOM 197
Postal Code 48228
Price Per Sq Ft Total 69.69
Coming Soon This could be your home or the next cash-cow in your portfolio current rent $800 a month and that is WAY below market value/average great opportunity to increase rent and cashflow
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Interior
Basement Unfinished
Beds 3
Fireplace? No
Total Rooms 7
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Exterior
Exterior Vinyl Siding
Frontage 40
Lot Size Area 0.1
Pool (Y/N) No
Lot Dimensions 40.00X110.00
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Scott MacDonald

Listing Agent

Tradewinds Development Group, Llc

Broker

scott@tradewindsgroup.com

Email

Affordability Calculator

$497
Per Month
84%
16%
0%
Monthly Principal & Interest
$419
Monthly Property Taxes
$78
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/28/2022$63,000 -10.00% Price Down
4/4/2022$70,000 Listed Price

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7508 Asbury Park, Detroit, MI, 48228 is a Single Family Home for sale at $63,000 with 904 sqft and a lot size of 0.1. 7508 Asbury Park has 3 bedrooms, 1.0 baths, and was built in 1943. The property's zip code is 48228 which is in Detroit, MI