**THIS PROPERTY QUALIFIES FOR BELOW MARKET INTEREST RATES FOR PRIMARY PURCHASERS, SEE LISTING AGENT FOR DETAILS**Welcome to 11023 Longview Detroit, MI. This Newly Renovated Duplex Features Two 2 Bedroom 1 Bathroom Units, the bottom unit has a bonus room which could be converted into a 3rd bedroom (Just needs a closet). LOCAL RENTAL COMPS LEASED FOR UPWARDS OF $3,000/MONTH FULLY LEASED OUT, ADDING AN ADDITIONAL $36,000/YEAR IN INCOME. The Spacious Basement could be turned into a laundry/storage facilities for the above tenants, with an additional Half Bathroom to top the facilities off! Just minutes from Conner Playground, Chandler Park & The Coleman A. Young International Airport. This Property is located just about a 10 minute drive from DOWNTOWN DETROIT!! SFR Listing MLS #: 24024578
Property Details
Property Features
Property Information:
Year Built: 1927
Listing Office:
Office Name: KW Professionals
Office Phone: (734) 459-4700
Listing Agent: Nathaniel Richards, Boyd Rudy
Interior Features
Interior Information:
Basement: Yes
Lot Features
Lot Information:
Lot Size: 0.15 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Other
Directions Information:
Directions: USE GPS
Price Information
Listing Price Info
Price Summary:
List Price: $139,000
Tax Information:
Annual Amount: $1,118
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Detroit, MI.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$761
Per Month
Principal & Interest
$694
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$483
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Marvin L. Winans Academy of Performing Arts Elementary School
9740 Mckinney St
Distance between this listing and this school2.41 miles
Public Charter Grades KG-5
2
/10
Oakland International Academy - Elementary School
4001 Miller St
Distance between this listing and this school2.64 miles
Public Charter Grades 2-4
3
/10
Bridge Academy - Elementary School
9600 Buffalo St
Distance between this listing and this school2.76 miles
Public Charter Grades PK-5
Nearby Schools
3
/10
Timbuktu Academy of Science and Technology
10800 E Canfield St
Distance between this listing and this school1.60 miles
Public Charter Grades KG-8
2
/10
Brenda Scott Academy For Theatre Arts
18440 Hoover St
Distance between this listing and this school1.87 miles
Public District Grades KG-8
5
/10
Detroit Enterprise Academy
11224 Kercheval St
Distance between this listing and this school2.60 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Southeastern High School
3030 Fairview St
Distance between this listing and this school2.09 miles
Public Magnet Grades 9-12
2
/10
Denby High School
12800 Kelly Rd
Distance between this listing and this school2.42 miles
Public District Grades 9-12
1
/10
Covenant House Academy Detroit - East Site
7600 Goethe St
Distance between this listing and this school2.88 miles
The neighbors living near this home have an average income of $29,313. The majority of Detroit, MI residents have income less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 11023 Longview St in Detroit, MI and zip code 48213 in the Upper East neighborhood. This home, which was built in 1927, sits on a 0.15 acre lot. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $139,000.
Over 116 listings were sold over their listed price in May 2024 in Detroit, MI. In the same period over 246 listings were sold below the listed price and 71 listings were sold for the listed price. The inventory of homes for sale in Detroit, MI between April 2024 and May 2024 increased by 9.9%. The median list price of listings available in May 2024 was $82,639, while the average time on the real estate market was 49 days.
From Rocket Homes Real Estate and based on county public records data.