MI
Wayne
Detroit City
48205
13723 Mapleridge Street
13723 Mapleridge Street, Detroit City, MI 48205
Share Listing
Listing Type
Multi Family
Listing Status
Active
15
$130,000

Home Details for 13723 Mapleridge Street

Price
$130,000
Type
Residential Income
Bedrooms
6
Bathrooms
2.0
Square feet
2306
Year built
1926
Lot size acres
0.1
County
Wayne
Garage
Basement
Full, Unfinished
Days on site
0
MLS Listing#
20261011627
Property Description

Welcome to 13723 Mapleridge Street, a beautifully restored 2 Unit Multi-Family property offering the perfect blend of homeownership and income potential. This is an outstanding opportunity for a qualified owner-occupant to live in one unit while generating rental income from the second unit. Extensively rehabilitated with quality improvements throughout, this home provides peace of mind and long-term value. Updates include new kitchens and baths, new flooring throughout, new plumbing, electrical, mechanicals, roof and windows. Buyer eligibility requirements apply. This property is not available for non owner occupants. Stove, Refrigerator and Central Air Units will be delivered at closing, adding even more comfort and convenience. This purchase offers exceptional financial support with up to $15,000 in Down Payment Assistance available and up to $8,500 in Closing Cost Assistance available. Please note Rehabilitation funds were provided through the Michigan State Housing Development Authority (MSHDA). To maintain long-term affordability: Purchaser must be an owner-occupant, Household income must not exceed 60% of Area Median Income (AMI) per federal guidelines. The second unit must be rented to a Section 8 Housing Choice Voucher holder for a minimum of five (5) years. Failure to comply with program guidelines will result in a penalty requiring the homeowner to repay the gap funding used for the rehabilitation of the property. OFFERS WILL BE CONSIDERED AFTER 7 DAYS ON THE MARKET. 24 HOUR NOTICE TO SHOW

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Basement
    • Full
    • Unfinished
  • Cooling Information
    • None
  • Water Features
    • Public
Listing Courtesy: Keller Williams Home - 248-626-2100
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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