1200 Lenox Street
Detroit, Michigan 48215

New / MLS #20240078637 / Single Family / Mack, Detroit
Listing information updated 10/17/2024 at 6:05am
LOCATED 3 MINUTES FROM HISTORIC JEFFERSON CHALMERS AND 6 MINUTES FROM GROSSE POINTE, YOU WILL FIND 1200 LENOX NESTLED ON A 3,789 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST TWO 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS BRAND NEW WINDOWS AND HAS NEW ELECTRICAL + PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 3250. THESE TENANTS COVERS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 PER. THE TAXES HAVE BEEN REDUCED TO ROUGHLY 196 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Listing Office: 1st Michigan Real Estate

Listing Office Phone: 734.301.6553

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1200 Lenox Street is a single family home currently listed at $197,000. 1200 Lenox Street features 6 Beds, 2 Baths. This single family home has been listed on @properties REMI since October 16th, 2024 and was built in 1922.