Detroit, MI 48224,3990 BEACONSFIELD Street

$165,000

Est. payment /mo

$155,000

6.5%
Est.Price: ?

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3990 BEACONSFIELD Street Detroit, MI 48224

2,039 SqFt

SOLD DATE : 05/19/2025

Key Details

Sold Price $165,000

Property Type Commercial

Sub Type Real Estate Only

Listing Status Sold

Purchase Type For Sale

Square Footage 2,039 sqft

Price per Sqft $80

Subdivision Moore & Moestas (Plats)

MLS Listing ID 20250022960

Sold Date 05/19/25

Year Built 1927

Annual Tax Amount $4,088

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 40.00 x 112.00

Property Sub-Type Real Estate Only

Source Realcomp II Ltd

Property Description

LOCATED 7 MINUTES FROM THE INFAMOUS CITY OF GROSSE POINTE AND JEFFERSON/CHALMERS, YOU WILL FIND 3990 BEACONSFIELD NESTLED ON A HUGE 4,356 SQUARE FOOT LOT IN THE QUIET "MORNINGSIDE" NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A BRAND NEW 40 YEAR TEAR OFF ROOF TOWERING OVER TWO SPACIOUS 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND 2 HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS NEWER ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1413 AND $1277 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING TOTAL OF $2690. THESE TENANTS PAYS 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 IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Location

State MI

County Wayne

Area Det Con-Mors/Grat. Hstn/7 Mack

Zoning Multi-Family

Direction Beaconsfield & Bremen

Interior

Heat Source Natural Gas

Exterior

Road Frontage Paved

Building

Sewer Sewer at Street

Water Water at Street

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W21I065624S

Ownership Short Sale - No,Private Owned

Assessment Amount $350

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

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Realcomp MLS
Listed by Marta Kopania of Downtown Realty
Bought with Downtown Realty

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