29 days on rocket

20246 Waltham St, Detroit, MI, 48205

$60,000

Home List Price

$713*

Closing Credit

2 Bedrooms
1 Full Bath
789 SqFt
$76/SqFt
House
Schools Nearby

Location

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20246 Waltham St, Detroit$60,000

Buyer Closing Credits

$713*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1943
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240019962
Lot Size0.10 Acres
StatusActive

About 20246 Waltham St

DETROIT/WARREN BORDER***SKY HIGH ROI OF 14%*** Solid Brick Detroit Eastside cash cow produces $11,400 of annual gross income, turnkey and ready for a new savvy investor. This charming ranch home with basement is low maintenance and makes a great rental. Family friendly with generous sized lot and fenced yard. With a great location near Warren and all of its amenities, Osborn high school, shopping and many dining options, this rental is always in demand. Add this cash flow gem to your portfolio!!!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1943
  • Stories: 1
  • Living Area: 789 SqFt

Listing Office:

  • Office Name: U.S. Investor Group
  • Office Phone: (313) 644-0034
  • Listing Agent: Hasson Hammoud

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: South of 8 mile Rd between Groesbeck Hwy and Schoenherr

Price Information

Listing Price Info

Price Summary:

  • List Price: $60,000
  • Price Per SqFt: $76/SqFt

Tax Information:

  • Annual Amount: $1,416
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

20246 Waltham St vs Detroit

29 DAYS ON ROCKET

-20 Days

$60,000

-$20.1K Less

$76/SqFt

+$6 More

KEY TAKEAWAY

This property is $20.1K less than the Median Sold Price and $6/SqFt more 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: #20240019962

Listing Office:

  • Office Name: U.S. Investor Group
  • Office Phone: (313) 644-0034
  • Listing Agent: Hasson Hammoud

IDXDisclaimer: 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.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 8:25:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 13, 2013Home Sold
$59,500

Tax History

YEARPROP. TAXASSESSMENT
2021$1,416$9,700
2020$946$8,800
2018$946$8,200
2017$942$8,000

History based on county public records data.

Payment Calculator

$367

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$246

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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.

Nearby Schools

school-card-donut-4105468
7
/10

  • McKinley Elementary School

  • 13173 Toepfer Rd

  • 0.78 miles

  • Public District Grades KG-5

school-card-donut-4105469
3
/10

  • Lincoln Elementary School

  • 22100 Federal Ave

  • 1.51 miles

  • Public District Grades KG-5

school-card-donut-4105470
3
/10

  • Pleasantview Elementary School

  • 16501 Toepfer Dr

  • 2.40 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,918. The most common annual income of people living in Detroit, MI is between $35k-100k. Residents typically live in single, with kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 20246 Waltham St

What is the listing price of this property?

The listing price of 20246 Waltham St property is $60,000.

What type of property is this?

The property 20246 Waltham St is a house located in Detroit, Michigan, 48205.

Is this property for sale now?

Active Listing: 20246 Waltham 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 $1,416 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 13, 2013 for $59,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 20246 Waltham St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 20246 Waltham St is 789 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20246 Waltham St is 1943.

Rocket Homes›Michigan›Wayne County›Detroit›48205›20246 Waltham St

This home is located at 20246 Waltham St in Detroit, MI and zip code 48205 in the Upper East neighborhood. This 789 square foot home, which was built in 1943, sits on a 0.10 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $60,000.

Detroit, MI housing market in March 2024 saw over 94 listings sold above listed price, more than 74 sold at listed price and over 224 sold below. Between February 2024 and March 2024, Detroit, MI real estate market has seen increase in the number of listings by 10.7%. The median list price of listings available in March 2024 was $80,163, while the average time on the real estate market was 49 days.

From Rocket Homes Real Estate and based on county public records data.

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