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4533 McClellan Street, Detroit, MI 48214

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For Sale

$85,000

3 beds • 1 baths • 1,194 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $71.19
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

LOCATED 4 MINUTES FROM THE INFAMOUS INDIAN VILLAGE, YOU WILL FIND 4533 MCCLELLAN NESTLED ON A 4,615 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOASTS A BRAND NEW 40 YEAR ROOF WITH ALL NEW WINDOWS AND SIDING AND GUTTERS TO ENSURE REPEAT DIVIDENDS FOR MANY YEARS TO COME. EVERY INCH OF ELECTRICAL HAS BEEN UPGRADED, COUPLED WITH NEWER PLUMBING AND HOT WATER TANK TO INSURE MAINTENANCE FREE CASH FLOW. FURTHERMORE SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED TO A 2 YEAR SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1495 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $50 PER MONTH. THIS DIAMOND WILL WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
MLS# 20251046389

Courtesy Of KW Domain Birmingham
210 S. Old Woodward Ave, Ste 200, Birmingham, MI 48009
(248) 590-0800

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Colonial
  • Exterior Type
    Asphalt
  • Heating System
    Forced Air
  • Lot Size
    0.08 Acres
  • Rooms
    Basement

Map and Directions

Directions to 4533 McClellan Street, Detroit, MI 48214

Home seller CENTURY 21 Curran & Oberski

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Curran & Oberski

(248) 264-1700
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.