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$120,000

  • Sold
  • Closed
  • Multi-Family
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This property is a fantastic investment opportunity with immediate positive cash flow. Located in Detroit, it's a rare find in today's market. The upstairs unit is currently occupied by a Section 8 tenant, providing a steady income of $880 per month. Additionally, the downstairs unit boasts a long-term tenant with an excellent payment history, contributing $975 per month. This property not only offers a consistent income stream but also benefits from the stability that comes with long-term, reliable tenants. With the Section 8 program in place and a history of timely payments from both tenants, this investment promises a secure and lucrative return. Don't miss out on this rare opportunity to add a high-performing asset to your portfolio

Full Property Details for 10264 Nottingham Rd

General

  • Sold For: $120,000
  • Taxes: $2,049
  • Status: Closed
  • Type: Multi-Family
  • Source: SWMRIC_MLS
  • MLS ID: 24027985
  • Added to Site: 149 day(s) ago

Interior

  • Number of Fireplaces: 1

Parking

  • Total Spaces: 2

Location

  • Area: Wayne County - 100
  • County: Wayne
  • Cross Streets: off Whittier ave
  • Driving Directions: GPS

Heating & Cooling

  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Utility Description: Water Available, Sewer Available, Electricity Available, Electricity Connected

Structural Information

  • # Buildings: 1
  • Construction: Vinyl Siding, Wood Siding
  • Basement: Yes
  • Year Built: 1928

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Size (Sq. Ft.): 3,485

Financial Considerations

  • Tax Amount: $2,049
  • Terms: Cash, Conventional
  • Landlord Pays: Trash Collection, Water
  • Tenant Pays: Electricity, Sewer, Gas

Disclosures and Reports

  • Legal Description: E NOTTINGHAM 126 RUEHLE HARPER AVE SUB NO 1 L47 P68 PLATS, W C R 21/846 35 X 101.25
  • Property ID: 21066576

Listed by Arterra Luxe Collection LLC, Kristina Khalifeh
Sold by KW Advantage, Nicole Sammons

Listing agent

— 10264 Nottingham Rd —

  • Kristina Khalifeh

    Arterra Luxe Collection LLC

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 10264 Nottingham Rd

School District:Detroit Public Schools Community District
RatingNameGradesDistance
1
Wayne Elementary School
10633 Courville St, Detroit, MI 48224
PK-50.3 mi
1
Brewer Academy
18025 Brock St, Detroit, MI 48205
PK-81.1 mi
1
Edward 'duke' Ellington Conservatory Of Music & Art At Beckham Academy
9860 Park Dr, Detroit, MI 48213
PK-81.6 mi
3
Frederick Douglass Academy For Young Men
2001 W Warren Ave, Detroit, MI 48208
6-128.2 mi
2
Denby High School
12800 Kelly Rd, Detroit, MI 48224
9-120.8 mi
5
Detroit School Of Arts
123 Selden St, Detroit, MI 48201
9-127.3 mi
9
Cass Technical High School
2501 2nd Ave, Detroit, MI 48201
9-127.7 mi
2
Spain Elementary-Middle School
3700 Beaubien St, Detroit, MI 48201
PK-86.8 mi
5
Detroit International Academy For Young Women
9026 Woodward Ave, Detroit, MI 48202
PK-127 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 10264 Nottingham Rd

Date
Details
Price
Change
Source
8/20/2024
Sold
$120,000
-4%
MLS
6/04/2024
Listed
$125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Arterra Luxe Collection LLC, Kristina Khalifeh
Sold by KW Advantage, Nicole Sammons

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10264 Nottingham Road, Detroit, MI 48224 (MLS# 24027985) is a Multi-Family property that was sold at $120,000 on August 20, 2024. Want to learn more about 10264 Nottingham Road? Do you have questions about finding other Multi-Family real estate for sale in Detroit? You can browse all Detroit real estate or contact a Coldwell Banker agent to request more information.