***MULTIPLE OFFERS - HIGHEST AND BEST WILL BE ACCPETED AS OF 4/18 AT 12PM*** Amazing investment opportunity! This property is an instant cashflow opportunity. Property is TENANT OCCUPIED with a Supportive Housing Society at $1150/mo, the entire rent is paid by the organization. Similar to Section 8. Lease began November 2022, rent increased as of December 2023. Professionally managed rental, tenant plans to stay. Don't miss out on this rare opportunity of guaranteed rental income in Detroit. Property being sold as is. All dimensions are estimated and should be verified. Pictures of home from BEFORE tenant moved in. **Showings only with accepted offer. Property is tenant occupied, please respect their privacy.**
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1946
Stories: 2
Living Area: 1,250 SqFt
Listing Office:
Office Name: Home Source Realty LLC
Office Phone: (313) 384-5731
Listing Agent: Bailee Clanton
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 1 space
Attached Garage: No
Parking: Detached
Lot Features
Lot Information:
Lot Size: 0.13 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Other
Directions Information:
Directions: S of Morang / E of Kelly
Price Information
Listing Price Info
Price Summary:
List Price: $75,000
Price Per SqFt: $60/SqFt
Tax Information:
Annual Amount: $2,655
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.
This property is $6K less than the Median Sold Price and $11/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: #20240008219
Listing Office:
Office Name: Home Source Realty LLC
Office Phone: (313) 384-5731
Listing Agent: Bailee Clanton
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.
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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
1
/10
Marvin L. Winans Academy of Performing Arts Elementary School
9740 Mckinney St
Distance between this listing and this school0.78 miles
Public Charter Grades KG-5
3
/10
Tyrone Elementary School
19525 Tyrone St
Distance between this listing and this school1.52 miles
Public Magnet Grades 4-6
2
/10
Chandler Park Academy - Elementary School
20200 Kelly Rd
Distance between this listing and this school1.52 miles
Public Charter Grades KG-5
Nearby Schools
4
/10
Regent Park Scholars Charter Academy
15865 East Seven Mile Rd
Distance between this listing and this school0.88 miles
Public Charter Grades KG-8
4
/10
Chandler Park Academy - Middle School
20100 Kelly Rd
Distance between this listing and this school1.47 miles
Public Charter Grades 6-8
3
/10
Harper Woods Middle School
20225 Beaconsfield St
Distance between this listing and this school1.58 miles
Public Magnet Grades 7-8
Nearby Schools
2
/10
Denby High School
12800 Kelly Rd
Distance between this listing and this school0.37 miles
Public District Grades 9-12
3
/10
Chandler Park Academy - High School
20254 Kelly Rd
Distance between this listing and this school1.56 miles
Public Charter Grades 9-12
4
/10
Harper Woods High School
20225 Beaconsfield St
Distance between this listing and this school1.58 miles
The neighbors living near this home have an average income of $32,500. Most Detroit, MI residents have annual incomes less than $35k. Typical family type 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 11557 Rossiter St
What is the listing price of this property?
The listing price of 11557 Rossiter St property is $75,000.
What type of property is this?
The property 11557 Rossiter St is a house located in Detroit, Michigan, 48224.
Is this property for sale now?
Accepting Backup Offers: 11557 Rossiter St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,655 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 10, 2021 for $62,900. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 11557 Rossiter St has 3 bedrooms and 1 full and 1 half bathrooms.
What is the square footage of this property?
The property 11557 Rossiter St is 1,250 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 11557 Rossiter St is 1946.
This home is located at 11557 Rossiter St in Detroit, MI and zip code 48224 in the Denby neighborhood. This 1,250 square foot home, which was built in 1946, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $75,000.
Detroit, MI housing market in April 2024 saw over 94 listings sold above listed price, more than 89 sold at listed price and over 243 sold below. Between March 2024 and April 2024, Detroit, MI real estate market has seen increase in the number of listings by 12.7%. The median list price of listings available in April 2024 was $81,036, while the average time on the real estate market was 45 days.
From Rocket Homes Real Estate and based on county public records data.