Jennifer D. Jennings
REALTOR®
BEDS0
BATHS10 full
SQUARE FEET7,676
MLS#20261020095
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONRobt Oakmans Livernois & Ford Hwy Sub
SCHOOLDetroit
Property Description
LOCATED 6 MINUTES FROM THE HISTORIC BOSTON EDISON DISTRICT, YOU WILL FIND 4234 WEST DAVISON NESTLED ON A 7,841 SQUARE FOOT LOT IN THE QUIET “OAKMAN BOULEVARD” NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL IS RECENTLY REMODELED AND BOASTS 10 ONE BEDROOM APARTMENTS. SHE HAS BEEN CAREFULLY UPGRADED FROM THE BRAND NEW ROOF TEAR OFF DOWN TO EVERY INCH OF ELECTRICAL IN EACH UNIT. IN ADDITION, THIS BEAUTY HAS AN ENTIRE NEW HEATING SYSTEM AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. MOREOVER, SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. EVERY UNIT HAS BEEN RECENTLY RENTED TO SECTION 8 TENANTS, MOST ON A 2 YEAR LEASE. THE MONTHLY DIVIDENDS ARE JUST UNDER 10K AT $9,976 AND ARE PAID BY THE FEDERAL GOVERNMENT. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN JUST UNDER 20% CASH ON CASH RETURN. PROPERTY TAXES HAVE BEEN REDUCED TO ROUGHLY $1,000 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER’S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.18 Acres
Year Built: 1954
Feature Descriptions
Architecture: Other
Days on Site: 4
Exterior: Brick
Foundation: Basement
Lot Dimensions: 0.18 Acre(s)
Road Frontage: Paved
Summer Tax: $12553.0000
Winter Tax: $1155.0000
Year Remoldeled: 2025
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: KW Domain
Agency Phone: (248) 590-0800
Shown By
Agent Name: Jennifer D. Jennings
Agent Phone: (989) 295-4680
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 3,825.50 per month $3,635.92 Principal & Interest $0.00 Property Tax (data not provided by mls) $189.58 Homeowner's InsuranceChange Payment Information
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Agency License Information: 1-877-539-7589 | Ohio Lic# REC.2010002888 6800 W Central Ave #B, Toledo, OH 43617 | Michigan Lic# 6505366134 8040 Summerfield Rd, Lambertville, MI 48144 | Indiana Lic# RC52400106 3029 W Smith Valley Rd #211, Greenwood, IN 46142 | West Virginia LIC# 010306 Erin Rickman, Broker. 410 Market St #3, Parkersburg, WV, 26101 | Colorado LIC# EC.100108419 603 Rood Ave, Grand Junction, CO 81501 | Nevada LIC# B.0146350.LLC 9190 Double Diamond Pwky, Reno, NV 89521 | Florida LIC# CQ1073507 16638 Mooner Plank Cir, Wimauma, FL 33598
Agent License Information: 6501402331 Brokerage/Company License Number: MI-65-05366134
4234 W Davison | MLS# 20261020095
This multi-family property located at 4234 W Davison , Detroit, MI 48238 is currently listed for sale with an asking price of $650,000. W Davison is located within the Detroit school district. Search Detroit real estate on www.jdjrealtor.com today.