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7508 Asbury Park Detroit, MI $ 63,000
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$ 63,000 Get more info
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

2220022659
Features
Interior
Heating Fuel Natural Gas
Basement Y/N 1
Fireplace 0
Beds Total 3
Total Baths 1.00
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession Subject To Tenant Rights
Pool Y/N 0
Full Baths 1
Half Baths 0
Year Built 1943
Property Type Residential
Warranty No
Subdivision Name MORIN PARK SUB NO 1(PLATS)
Transaction Type Sale
Basement Type Unfinished
Status Pending
Short Sale No
Cumulative Days on Market 197
MLS Area Det - Joy-Dbn Ht Grnfld-Limits
Directions North of Warren and East of Southfield
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Down Payment Resource 1
Ownership Status Short Sale - No Private Owned
Street Name ASBURY PARK
Homestead 0
Assessment 0
Total Sq Ft 904
DOM 197
Taxes 938.0000
HOA Fee 0
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
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Exterior
Waterfront 0
Exterior Vinyl
Garage Features Detached
Garage Capacity 2 Car
Lot Size Area 0.10
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions 40.00X110.00
Porch Porch - Covered Porch
Garage Y/N 1
Architecture Level 1 1/2 Story
Architecture Style Bungalow
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Scott D MacDonald

Listing Agent

Tradewinds Development Group, Llc

Broker

(248) 209-6755

Phone

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
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/15/2023$63,000 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

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