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2959 Tuxedo Street, Detroit, MI 48206

Local realty services provided by:CENTURY 21 Affiliated
2959 Tuxedo Street,Detroit, MI 48206
$200,000
  • - Beds
  • 2 Baths
  • 2,264 sq. ft.
  • Multi-family
  • Active
Listed by: lauryn johnson
Office: kw domain
MLS#:20251061733
Source:MI_REALCOMP

Price summary

  • Price:$200,000
  • Price per sq. ft.:$88.34

About this home

LOCATED 6 MINUTES FROM THE INFAMOUS BOSTON EDISON HISTORIC DISTRICT, YOU WILL FIND 2959 TUXEDO NESTLED ON A 4,356 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF, GUTTERS, TRIM AND CONSISTS OF 2 RECENTLY REMODELED SPACIOUS UNITS. EVERY WINDOW HAS BEEN UPGRADED WITH TOP OF THE LOW E MAINTENANCE FREE APPOINTMENTS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS 2 BRAND NEW FURNACES AND 2 NEW HOT WATER TANKS. IN ADDITION, EACH UNIT HAS EVERY INCH OF BRAND NEW PLUMBING AND EVERY INCH OF BRAND NEW ELECTRICAL AS WELL TO INSURE MAINTENANCE FREE CASH FLOW. EACH SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $2660 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 PERCENT. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $200 PER

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Home facts

  • Year built:1923
  • Listing ID #:20251061733
  • Added:1 day(s) ago
  • Updated:December 29, 2025 at 10:57 AM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,264 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1923
  • Building area:2,264 sq. ft.
  • Lot area:0.1 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$200,000
  • Price per sq. ft.:$88.34
  • Tax amount:$2,050
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