15826 Coram Street, Detroit, MI, 48205

Property Details

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REDUCED! MULIPLE OFFER SITUATION! HIGHEST AND BEST DUE THURSDAY AT 5PM. LOCATED JUST 7 MINUTES FROM THE HISTORIC EAST ENGLISH VILLAGE, YOU WILL FIND 15826 CORAM NESTLED ON A 5,227 SQUARE FOOT LOT IN THE QUIET REGENT PARK NEIGHBORHOOD OF HOMEOWNERS. THIS CROW JEWEL BOASTS A BRAND NEW TEAR OFF 40 YEAR SHINGLE ROOF WITH ALL NEW WINDOWS AND SIDING. SHE HAS RECENTLY BEEN REMODELED AND BOASTS 5 SPACIOUS BEDROOMS AND 2 BATHROOMS. IN ADDITION, THIS HOME HAS BRAND NEW ELECTRICAL, PLUMBING, AND NEWER FURNACE/HOT WATER TANK TO ENSURE MAINTENANCE FREE CASH FLOW. MOREOVER, SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY WAS JUST RENTED ON A 2 YEAR LEASE TO A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1,850 ARE ALL PAID IN FULL BY THE FEDERAL GOVERNMENT. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN 22% CASH ON CASH RETURN. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.