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8101 Molena Street, Detroit, MI 48234

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For Sale

$90,000

4 beds • 1 baths • 1,328 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $67.77
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

WELCOME TO 8101 MOLENA ST NESTLED ON A QUIET BLOCK OF HOMEOWNERS IN DETROIT S EAST SIDE. THIS SOLID BRICK BEAUTY CONSISTS OF 4 BEDROOMS AND 1 BATHROOM, AND IS CURRENTLY LEASED TO A LONG-TERM SECTION 8 TENANT AT $1,011 PER MONTH. THE TENANT PAYS ALL UTILITIES. THIS TURNKEY RENTAL IS THE PERFECT ADDITION TO ANY CASH-FLOW-FOCUSED PORTFOLIO. THIS PROPERTY CAN BE PURCHASED INDIVIDUALLY OR AS PART OF A HIGH-PERFORMING SECTION 8 PORTFOLIO, INCLUDING: 7437 E ROBINWOOD, 17221 ALBION, 17326 ALBION, 18936 GILCHRIST, 11601 NOTTINGHAM BRINGING IN 6,693/MONTH. NO SHOWINGS WITHOUT A FULL PRICE ACCEPTED OFFER. CLOSING DAY IS PAYDAY LET S MAKE IT HAPPEN.
MLS# 20251015457

Courtesy Of Downtown Realty
500 Griswold Ste 2420, Detroit, MI 48226
(313) 466-7253

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Bungalow
  • Exterior Type
    Brick
  • Lot Size
    0.11 Acres
  • Rooms
    Basement

Map and Directions

Directions to 8101 Molena Street, Detroit, MI 48234

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† 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.

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