2779 nw 4 ter - $475K – Single Family
Little Havana Corner Single family home. 5 bedroom 2 bath home totaling 1,809sf of building on a 6,100sf corner lot. Property features central a/c, and verdant landscaping proving the home with a wonderful tree canopy and plenty of shade. Solid, working-class neighborhood. Current NOI of $18k, raisable to Proforma NOI of $26k, and close to a 6% cap at asking price. Property benefits from being in a neighborhood with plenty of great retail options on several active commercial corridors, solid and safe schools, and close to all the major employment centers of our city. Priced very reasonable to sell. The perfect first time investment.
Property Details
Price
$475,000
Square Feet
1,809
Beds
5
Taxes
$4,580 / year
Subdivision
GROSSE POINTE HIGHLANDS
Waterfront
No
Type
Residential
Price Per Sq Ft
$263
Baths
2
MLS#
A11490830
Year Built
1938
Status
Closed
Property Details
Price
$475,000
Square Feet
1,809
Beds
5
Baths
2
Price Per Sq Ft
$263
MLS#
A11490830
Year Built
1938
Status
Closed
Type
SingleFamilyResidence
Taxes
$4,580 / year
Subdivision
GROSSE POINTE HIGHLANDS
Waterfront
No
Location
Listing Courtesy of Fausto Commercial Realty Consultants Inc
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and expressly disclaim any liability in connection therewith. No financial or legal advice provided and fully support the principles of the Fair Housing Act and the Equal Opportunity Act.