HeatingForced Air, Hot Water, Natural Gas, Separate Meters
BasementYes
MLS #20240079321
Lot Size1.36 Acres
StatusActive
About 8665 Quincy St
Exceptional Property! Start making money as soon as you close, Tenants will pay the Mortgage plus cash for you. All the UPDATES has been done.Living rms w/ Fireplaces and shelving. Formal Dining area, Ceiling Fans and Hardwood floors thru out the units. Remodeled Kitchens. Newer doors, Most of Windows are newer. 3 nice size Bedrooms, upper and lower. Beautifully decorated Baths. Spic and Span Basement w/ Newer Furnaces and Hot Water Tanks featuring Glass Block Windows. The seller has made this a true GEM! units are rented to good tenants for 1000 a month. IT's a. GREAT DEAL. Very low maintenance. Roof is 5yrs young. Seller is willing to contribute towards Buyer's Closing Cost. Where do I sign
This property is $74.8K more than the Median Sold Price and $5/SqFt less than other homes in Detroit, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240079321
Listing Office:
Office Name: Real Estate One-Southgate
Office Phone: (734) 284-5400
Listing Agent: Linda Cruzsein
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.
$866
Per Month
Principal & Interest
$799
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
$546
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
2
/10
Barton Elementary School
8530 Joy Rd
Distance between this listing and this school1.76 miles
Public District Grades KG-5
2
/10
University Preparatory Art Design Elementary School
10225 3rd St
Distance between this listing and this school2.09 miles
Public Charter Grades KG-5
1
/10
University Preparatory Academy (PSAD) Elementary School
957 Holden St
Distance between this listing and this school2.21 miles
Public Charter Grades KG-5
Nearby Schools
1
/10
Sampson-Webber Leadership Academy
4700 Tireman St
Distance between this listing and this school0.71 miles
Public District Grades PK-8
1
/10
Thirkell Elementary-Middle School
7724 14th St
Distance between this listing and this school1.22 miles
Public District Grades KG-8
2
/10
Hope Academy
12121 Broadstreet Ave
Distance between this listing and this school1.31 miles
Public Charter Grades PK-8
Nearby Schools
3
/10
Northwestern High School
2200 W Grand Blvd
Distance between this listing and this school0.96 miles
Public District Grades 9-12
1
/10
Central Academy and High School
2425 Tuxedo St
Distance between this listing and this school1.40 miles
Public District Grades 9-12
1
/10
West Side Academy of Information Technology and Cyber Securi
4701 McKinley St
Distance between this listing and this school1.74 miles
The neighbors living near this home have an average income of $13,798. Typical income of Detroit, MI residents is less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
This home is located at 8665 Quincy St in Detroit, MI and zip code 48204 in the Rosa Parks neighborhood. This 2,526 square foot home, which was built in 1919, sits on a 1.36 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $159,900.
While more than 94 listings in Detroit, MI in November 2024 were sold above asking price, there were more than 55 listings sold at asking price, and more than 247 were sold below. The inventory of homes for sale in Detroit, MI between October 2024 and November 2024 increased by 2%. The median list price of listings available in November 2024 was $85,016, while the average time on the real estate market was 49 days.
From Rocket Homes Real Estate and based on county public records data.