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5950 Seminole Street

Detroit, MI 48213
  • $125,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 20240089318
UPDATED: 25 min ago
$125,000
  • 4
    BEDS
  • 0.08
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,424
    SQFT
  • $88
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1910
County:
Lot Size Dimensions:
30.00 x 110.00

School Ratings & Info

School District:

Description

MULTIPLE OFFER SITUATION HIGHEST AND BEST DUE FRIDAY AT NOON. LOCATED 6 MINUTES FROM THE HISTORIC INDIAN VILLAGE AND WEST VILLAGE, YOU WILL FIND 5950 SEMINOLE NESTLED ON A 3,310 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF AND CONSISTS OF 4 RECENTLY REMODELED BED ROOMS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS A NEWLY INSTALLED HOT WATER TANKS. IN ADDITION SHE HAS NEWER PLUMBING AND BRAND NEW ELECTRICAL TO INSURE MAINTENANCE FREE CASH FLOW. THIS SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. SHE HAS JUST BEEN LEASED FOR 2 YEARS WITH A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1,565 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANT PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 % THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

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IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-01-13T21:58:30.94.
www.bhhssnyder.com/homes/158387365
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5950 Seminole Street Detroit, MI 48213

  • Price: $125,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 25 min ago
  • MLS #: 20240089318
4
Beds
1
Baths
0
½ Baths
0.08
Acres
1,424
SQFT
$88
$/SQFT
1910
Built
Neighborhood:
Stephens Elm Pk (Plats)
County:
Wayne
Area:
Det: 6-mack I75-conner
School District:
DETROIT
Property Description
MULTIPLE OFFER SITUATION HIGHEST AND BEST DUE FRIDAY AT NOON. LOCATED 6 MINUTES FROM THE HISTORIC INDIAN VILLAGE AND WEST VILLAGE, YOU WILL FIND 5950 SEMINOLE NESTLED ON A 3,310 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF AND CONSISTS OF 4 RECENTLY REMODELED BED ROOMS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS A NEWLY INSTALLED HOT WATER TANKS. IN ADDITION SHE HAS NEWER PLUMBING AND BRAND NEW ELECTRICAL TO INSURE MAINTENANCE FREE CASH FLOW. THIS SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. SHE HAS JUST BEEN LEASED FOR 2 YEARS WITH A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1,565 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANT PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 % THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Exterior Features

Architecture Level 2 Story Architecture Style Other Construction Materials Block/Concrete/Masonry Entry Location Ground Level w/Steps Foundation Details Basement Foundation Materials Block Garage Size No Garage Garage YN No Lot Size Dimensions 30.00 x 110.00 Pool YN No Road Frontage Feet 1 Road Frontage Type Paved Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 1.00 Fireplace YN No Heating Hot Water Heating Fuel Natural Gas Room Count 5 Rooms Bath - Full (Second Level) Bedroom (Second Level) Bedroom (Second Level) Bedroom (Second Level) Bedroom (Second Level) Sq Ft Combined 1424 Sq Ft Total Basement 672

Property Features

Assessment 240.00 Association Fee YN No Down Payment Resource YN Yes Exclusions YN No Existing Lease YN Yes Homestead YN No Land Contract YN No Listing Financing CashConventional Ownership Status Short Sale - NoPrivate Owned Possession At Close Postal City Detroit Protection Period 1 Restrictions YN No Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 495.0000 Tax Amount Winter 31.0000 Title Standard (Private) Total Tax 526.0000 Transaction Type Sale Unparsed Address 5950 SEMINOLE Street Warranty No Water Source Water at Street Year Remodeled 2024

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via 1st Michigan Real Estate: and Realcomp, ©2025 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-01-13T21:58:30.94.
 
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