$130,000
Beds:
3
Bath:
1
Sqft:
924
Sqft lot:
3,920
Acre lot:
0.09
163 Days On Market
Courtesy of Worth Clark Realty, Nikhil Agarwal.
Status:
Pending
Property Type:
Single Family Residence
Year Built:
1944
Days On Website:
163
Description
Welcome to this well-maintained and income-generating gem in Warren, MI! This property is perfect for investors looking for a reliable and hassle-free investment opportunity. Currently leased at $1500 per month through the Section 8 program, this home offers stability and peace of mind with a subsidized tenant in place. It's also easy to rent with both a basement and garage. This property is in excellent condition, having recently passed both Section 8 inspection and rental certification. Enjoy the benefits of a 2023 partial remodel, including new floors/paint throughout. The furnace comes with a 5-year warranty as well. Open house on Tuesday, Aug 6th at 2pm.
Features
Basement
- Basement: "Full"
Bathrooms
- 1 full bathroom
- 1 total bathroom
Bedrooms
- 3 total bedrooms
Building
- Architectural Style: "Bungalow"
- Building Area Source: Previous Listing
- Building Area Total: 924
- Construction Materials: "Other"
- Living Area: 924
- Year Built: 1944
- 2 stories
Garage
- Garage Included
- 1 garage space
Heating
- Heating: "Forced Air"
- Heating Included
Laundry
- Features: "In Basement", "In Unit"
Listing
- Contract Status Change Date: 2024-08-15
- Expiration Date: 2024-10-31
- Listing Agreement: Exclusive Agency
- Listing Contract Date: 2024-07-31
- Listing Id: 24039637
- Listing Terms: "Cash", "Conventional"
- Mls Status: Pending
- Modification Timestamp: 2024-08-16 01:42:08
- Off Market Date: 2024-08-15
- On Market Date: 2024-08-01
- Original Entry Timestamp: 2024-08-01 02:12:37
- Original List Price: $130,000
- Pending Timestamp: 2024-08-16 01:41:53
- Purchase Contract Date: 2024-08-15
- Special Listing Conditions: "None"
- Standard Status: Pending
- Status Change Timestamp: 2024-08-16 01:41:53
- 15 cumulative days on market
- 15 days on market
Location
- City: Warren
- State Or Province: MI
- County Or Parish: Macomb
- Postal Code: 48091
- MLS Area Major: Macomb County - 50
- MLS Area Minor: Macomb County - 50
Lot
- 0.09 acres
- Area: 0.09
- Dimensions: 39 x 105
- 3,920 square feet
Owner Pays
- Owner Name: Leveredge Financing Facility L
Parking
- Features: "Garage Faces Front"
Property
- Parcel Number: 12-13-32-426-021
- Property Sub Type: Single Family Residence
Additional Rooms
- Rooms Total: 6
Schools
- Middle Or Junior School District: Fitzgerald
Sewer
- Sewer: "Public Sewer"
Taxes
- Annual Amount: $1,223
- Tax Year: 2023
Utilities
- Water Source: "Public"
Property Map
Map View
$130,000 -21434 Panama Street, Warren, MI 48091
Street View
Directions
21434 Panama Street
Warren, MI 48091