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14101 Saratoga Avenue, Detroit, MI 48205
$97,000
14101 Saratoga Avenue, Detroit, MI 48205View this property at 14101 Saratoga Avenue, Detroit, MI 48205
14101 Saratoga AvenueDetroitMI48205
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Property Description
Welcome to an excellent investment property tailored for first-time investors in the vibrant city of Detroit. This property not only promises a solid return on investment but also offers a unique opportunity for owner-occupation with a guaranteed income stream. Live in one unit and collect rent from second unit, or rent out the unit and get double income! Downstairs Unit Currently occupied by a Section 8 tenant paying $980/month, providing a guaranteed and consistent income stream. This government-backed program ensures reliable payments and minimizes the risk associated with vacancies.
Full Property Details
Full Property Details for 14101 Saratoga Ave
General
- Sold For: $97,000
- Taxes: $836
- Status: Closed
- Type: Multi-Family
- MLS ID: 24002319
- Added to Site: 144 day(s) ago
Interior
- Number of Fireplaces: 1
Parking
- Total Spaces: 2
Location
- Area: Wayne County - 100
- County: Wayne
- Cross Streets: 7 mile and Grator ave
- Driving Directions: 7 mile and Gratiot ave
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Utilities
- Sewer: Public Sewer
- Utility Description: Public Water Available, Public Sewer Available, Electric Available, Natural Gas Connected, Electric Connected
Structural Information
- # Buildings: 1
- Construction: Brick
- Basement: Yes
- Year Built: 1971
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
Financial Considerations
- Tax Amount: $836
- Terms: FHA, Cash, Conventional
- Landlord Pays: Trash Collection, Water
- Tenant Pays: Electricity, Sewer, Gas
Disclosures and Reports
- Legal Description: N SARATOGA 1016 SEYMOUR & TROESTERS MONTCLAIR HEIGHTS SUB NO 2 L40 P74 PLATS, W C R 21/594 36 X 103
- Property ID: 21019163
Listed by Arterra Luxe Collection LLC, Kristina Khalifeh
Sold by EXP Realty, LLC, Adrienne Ponce
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Schools
Schools serving 14101 Saratoga Ave
School District:Detroit Public Schools Community District
Rating | Name | Grades | Distance |
---|---|---|---|
15491 Maddelein St, Detroit, MI 48205 | 5-8 | 0.9 mi | |
15510 E State Fair St, Detroit, MI 48205 | PK-4 | 1 mi | |
9860 Park Dr, Detroit, MI 48213 | PK-8 | 1.7 mi | |
2001 W Warren Ave, Detroit, MI 48208 | 6-12 | 7.9 mi | |
12800 Kelly Rd, Detroit, MI 48224 | 9-12 | 1.1 mi | |
123 Selden St, Detroit, MI 48201 | 9-12 | 7.2 mi | |
2501 2nd Ave, Detroit, MI 48201 | 9-12 | 7.8 mi | |
9026 Woodward Ave, Detroit, MI 48202 | PK-12 | 6.3 mi | |
3700 Beaubien St, Detroit, MI 48201 | PK-8 | 6.9 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 14101 Saratoga Ave
Date
Details
Price
Change
Source
4/30/2024
Sold
$97,000
-11.82%
MLS
1/09/2024
Listed
$110,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
14101 Saratoga Avenue, Detroit, MI 48205 (MLS# 24002319) is a Multi-Family property that was sold at $97,000 on April 30, 2024. Want to learn more about 14101 Saratoga Avenue? 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.