**Investment Opportunity in Eastpointe - Tenant-Occupied Bungalow** 24924 Tuscany Ave is a 3-bedroom, 1-bathroom bungalow in a desirable Eastpointe neighborhood. Currently tenant-occupied, generating $1,350/month in rental income. The home features a basement, detached garage, and a spacious layout. Great location near schools, shopping, and highways. Perfect for investors seeking immediate cash flow.
Property Details
Property Features
Property Information:
Architectural Style: Bungalow
Year Built: 1925
Stories: 2
Living Area: 872 SqFt
Listing Office:
Office Name: Rondo Investment LLC
Office Phone: (313) 521-6666
Listing Agent: Raphael D Fazzolari
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 2 spaces
Attached Garage: No
Parking: Detached
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Other
Directions Information:
Directions: S off 10 Mile, E of Gratiot
Price Information
Listing Price Info
Price Summary:
List Price: $124,900
Price Per SqFt: $143/SqFt
Tax Information:
Annual Amount: $1,903
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 Eastpointe, MI.
This property is $35K less than the Median Sold Price and $7/SqFt more than other homes in Eastpointe, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240058633
Listing Office:
Office Name: Rondo Investment LLC
Office Phone: (313) 521-6666
Listing Agent: Raphael D Fazzolari
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for 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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$691
Per Month
Principal & Interest
$624
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
$441
Powered By
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
4
/10
Dort Elementary School
16225 Dort St
Distance between this listing and this school0.87 miles
Public District Grades PK-5
2
/10
Bellview Elementary School
15800 Bell Ave
Distance between this listing and this school0.93 miles
Public District Grades 3-5
3
/10
Huron Park Elementary School
18530 Marquette St
Distance between this listing and this school0.96 miles
Public District Grades PK-5
Nearby Schools
1
/10
Kelly Middle School
24701 Kelly Rd
Distance between this listing and this school0.64 miles
Public District Grades 6-8
3
/10
Reach Charter Academy
25275 Chippendale St
Distance between this listing and this school0.87 miles
Public Charter Grades KG-8
2
/10
Roseville Middle School
16250 Martin Rd
Distance between this listing and this school1.63 miles
Public District Grades 6-8
Nearby Schools
3
/10
East Detroit High School
15501 Couzens Ave
Distance between this listing and this school1.54 miles
Public District Grades 9-12
1
/10
Eastpointe Virtual Academy
15320 E 9 Mile Rd
Distance between this listing and this school1.57 miles
Public District Grades 6-12
4
/10
South Lake High School
21900 E 9 Mile Rd
Distance between this listing and this school2.16 miles
The neighbors living near this home have an average income of $49,274. The majority of Eastpointe, MI residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 24924 Tuscany Ave
What is the listing price of this property?
The listing price of 24924 Tuscany Ave property is $124,900.
What type of property is this?
The property 24924 Tuscany Ave is a house located in Eastpointe, Michigan, 48021.
Is this property for sale now?
Active Listing: 24924 Tuscany Ave 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 $1,903 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 13, 2011 for $26,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 24924 Tuscany Ave has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 24924 Tuscany Ave is 872 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 24924 Tuscany Ave is 1925.
This home is located at 24924 Tuscany Ave in Eastpointe, MI and zip code 48021. This 872 square foot home, which was built in 1925, sits on a 0.11 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 10, 2024 and is currently priced at $124,900.
Eastpointe, MI housing market in October 2024 saw over 12 listings sold above listed price, more than 3 sold at listed price and over 11 sold below. In October 2024 in Eastpointe, MI there were 11.3% more homes for sale than in September 2024. While the average time on the market in October 2024 was 21 days, the median list price was $159,900.
From Rocket Homes Real Estate and based on county public records data.