This is an incredible opportunity for an investor looking for a turn key property with around an 11 percent cap rate. Long term tenant that would like to stay. Lease is up in February 2025. This colonial is a 4 bedroom 2 full bathroom home with hard wood floors, spacious closets, and tons of natural light. Two of the bedrooms are on the main level and the other two are on the upper level. Land Contract terms are available at a 10 percent interest rate with a $40,000 down payment, 36 month term and a balloon payment at the end.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1925
Stories: 2
Living Area: 1,250 SqFt
Listing Office:
Office Name: House Of May
Office Phone: (248) 525-1552
Listing Agent: Tyrone Johnson
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 4
Exterior Features
Parking Information:
Parking: Concrete
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Other
Directions Information:
Directions: Schoolcraft to Coyle
Price Information
Listing Price Info
Price Summary:
List Price: $74,900
Price Per SqFt: $60/SqFt
Tax Information:
Annual Amount: $865
Tax Year: 2021
What can I afford?
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Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $10.1K less than the Median Sold Price and $8/SqFt less than other homes in Detroit, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Greater Metropolitan Association of REALTORS
MLS Number: #81024050768
Listing Office:
Office Name: House Of May
Office Phone: (248) 525-1552
Listing Agent: Tyrone Johnson
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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
3
/10
Edison Elementary School
17045 Grand River Ave
Distance between this listing and this school1.33 miles
Public District Grades PK-5
1
/10
Coleman A. Young Elementary School
15771 Hubbell St
Distance between this listing and this school1.43 miles
Public District Grades PK-5
1
/10
Adamsyoung Building
13130 Grove St
Distance between this listing and this school2.23 miles
Public Charter Grades KG-5
Nearby Schools
1
/10
Burns Elementary-Middle School
14350 Terry St
Distance between this listing and this school0.55 miles
Public District Grades KG-8
1
/10
Dossin Elementary-Middle School
16650 Glendale St
Distance between this listing and this school0.92 miles
Public District Grades KG-8
1
/10
Henderson Academy
16101 W Chicago St
Distance between this listing and this school1.58 miles
Public District Grades KG-8
Nearby Schools
9
/10
Renaissance High School
6565 W Outer Dr
Distance between this listing and this school2.25 miles
Public District Grades 9-12
1
/10
Cody High School
18445 Cathedral St
Distance between this listing and this school2.25 miles
Public District Grades 9-12
1
/10
Way Academy Chicago Site
19321 W Chicago St
Distance between this listing and this school2.41 miles
The neighbors living near this home have an average income of $34,318. Most Detroit, MI residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 13334 Coyle St
What is the listing price of this property?
The listing price of 13334 Coyle St property is $74,900.
What type of property is this?
The property 13334 Coyle St is a house located in Detroit, Michigan, 48227.
Is this property for sale now?
Active Listing: 13334 Coyle St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $865 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 13334 Coyle St has 4 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 13334 Coyle St is 1,250 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 13334 Coyle St is 1925.
This home is located at 13334 Coyle St in Detroit, MI and zip code 48227 in the Upper West neighborhood. This 1,250 square foot home, which was built in 1925, sits on a 0.10 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $74,900.
In November 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 55 listings were sold at asking price, while more than 247 were sold below. The inventory of homes for sale in Detroit, MI between October 2024 and November 2024 increased by 2%. In November 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $85,016.
From Rocket Homes Real Estate and based on county public records data.