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8611 Stout Street

Detroit, MI 48228
  • $60,000
  • STATUS: Active
  • ON SITE: 78 Days
  • ID#: 20240081005
UPDATED: 39 min ago
$60,000
  • 2
    BEDS
  • 0.12
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 693
    SQFT
  • $87
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1949
County:
Lot Size Dimensions:
40.00 x 136.00

School Ratings & Info

School District:

Description

AMAZING 11% CAP RATE***HIGH ROI**WARRENDALE INVESTMENT PROPERTY NEAR DEARBORN** CASH FLOWING INVESTOR SPECIAL** Performing Westside Ranch located on a solid block. Rented for $850 cash to a great tenant. This charming ranch features 2 nice size bedrooms and a full bath. Large living room, kitchen and full basement provides plenty of living space. Home has newer 3D Roof, vinyl windows and detached garage. Property is fenced and private. Terrific opportunity to add a performing rental to your portfolio. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

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IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Calhoun Team of Pretty Home Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-01-12T22:56:26.343.
www.prettyhomerealty.com/homes/157176179
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8611 Stout Street Detroit, MI 48228

  • Price: $60,000
  • Status: Active
  • On Site: 78 Days
  • Updated: 39 min ago
  • ID#: 20240081005
2
Beds
1
Baths
0
½ Baths
0.12
Acres
693
SQFT
$87
$/SQFT
1949
Built
Neighborhood:
Walshs John H Parkside
County:
Wayne
Area:
Det - Joy-dbn Ht Grnfld-limits
School District:
DETROIT
Property Description
AMAZING 11% CAP RATE***HIGH ROI**WARRENDALE INVESTMENT PROPERTY NEAR DEARBORN** CASH FLOWING INVESTOR SPECIAL** Performing Westside Ranch located on a solid block. Rented for $850 cash to a great tenant. This charming ranch features 2 nice size bedrooms and a full bath. Large living room, kitchen and full basement provides plenty of living space. Home has newer 3D Roof, vinyl windows and detached garage. Property is fenced and private. Terrific opportunity to add a performing rental to your portfolio. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!
Exterior Features

Architecture Level 1 Story Architecture Style Ranch Construction Materials Aluminum Entry Location Ground Level w/Steps Exterior Features Fenced Fencing Back Yard Foundation Details Basement Foundation Materials Block Garage Features Detached Garage Size 1 Car Garage YN Yes Lot Size Dimensions 40.00 x 136.00 Pool YN No Porch Type Porch Road Frontage Feet 40 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 1.00 Fireplace YN No Heating Forced Air Heating Fuel Natural Gas Room Count 5 Rooms Bath - Full (First/Entry Level) Kitchen (First/Entry Level) Living Room (First/Entry Level) Bedroom - Primary (First/Entry Level) Bedroom (First/Entry Level) Sq Ft Combined 693 Sq Ft Total Basement 672 Water Heater Fuel Natural Gas

Property Features

Assessment 240.00 Association Fee YN No Down Payment Resource YN Yes Existing Lease YN Yes Homestead YN No Land Contract YN No Listing Financing CashConventional Ownership Status Short Sale - NoPrivate Owned Possession Subject To Tenant Rights Postal City Detroit Protection Period 90 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 1436.0000 Tax Amount Winter 146.0000 Title Standard (Private) Total Tax 1582.0000 Transaction Type Sale Unparsed Address 8611 STOUT Street Warranty No Water Source Public (Municipal)

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via U.S. Investor Group: (313) 644-0034 and Realcomp, ©2025 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Calhoun Team of Pretty Home Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-01-12T22:56:26.343.
 
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