8321 Rathbone Street

2,020 Sq. Ft.
$19 / Sq. Ft.
2,020
Sq. Ft.
$19
per Sq. Ft.

Description

Turn-key investment 2 Fantastic side by side Townhouse style units available for sale! Property is fully occupied! Unit 8321 and 8323 Rathbone are each rented for $475 per month. Each unit features 2 full bedrooms, 1 bathroom, a kitchen, dining room, and living room. Each unit has private entry with separated basements and electric meters! Seller is also selling 8309 and 8311 Rathbone, these 4 units can be purchased as 2 separate duplex's or as a package! Purchaser to pay $495 processing fee to listing...Turn-key investment 2 Fantastic side by side Townhouse style units available for sale! Property is fully occupied! Unit 8321 and 8323 Rathbone are each rented for $475 per month. Each unit features 2 full bedrooms, 1 bathroom, a kitchen, dining room, and living room. Each unit has private entry with separated basements and electric meters! Seller is also selling 8309 and 8311 Rathbone, these 4 units can be purchased as 2 separate duplex's or as a package! Purchaser to pay $495 processing fee to listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!
  1. Listed by Lawrence Else • Brokerage DRE #6505386963 • Downtown Realty
    P: (313)-466-7253 C: (313)-315-3215 team@downtownrealty.us

Property Details for 8321 Rathbone Street

Subdivision Name
RATHBONES SUB OFO L 4 (PLATS)
Architectural Style
Other
Waterfront
No
Zoning Description
Residential
LISTING CLOSED: 02/04/2017 12:00 AM

Property Details for 8321 Rathbone Street

StatusSold
MLS #216103058
Days on Market105
Taxes$1,302 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1922
Lot Size0.04 AC / 1,742 SF
CountyWayne County

Location

Listing Courtesy of Downtown Realty

Sold By Downtown Realty

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Building Information for 8321 Rathbone Street

Stories-Residences2Year Built1922Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

$299 per month

30 year fixed, 6.55% Interest

Principal and Interest

$191

Property Taxes

$109

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 8321 Rathbone Street

Summary
Location and General Information
  • Directions: N of Fort St., W. of Springwells St.
  • Latitude: 42.302205
  • Longitude: -83.127514
  • Cross Street: N of Fort St./W of Springwells St.
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W20I006048S001
  • Tax Amount Summer: $1,192.00
  • Tax Amount Winter: $110.00
  • Tax Annual Amount: $1,302.00
  • Tax Legal Description: S RATHBONE W 37.50 FT OF N 42 FT OF 127 RATHBONES SUB L11 P42 PLATS, W C R 20/159 37.50 X 42
  • Tax Other Annual Assessment Description: 340
School Information
  • High School District: Detroit
Parking
  • Parking Features: On Street
Property
Lot Information
  • Frontage Length: 38.0
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Dimensions: 37.50X42.00
  • Encroachment: No
  • Lot Size Units: Acres
  • Road Frontage Feet: 38
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • Living Area: 2020.0
  • Building Area Total: 2020.0
  • Above Grade Finished Area: 2020.0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Total Area: 1010.0
  • Below Grade Total Area Units: Square Feet
  • Class Name: Residential Income
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Year Built: 1922
Building Features
  • Construction Materials: Brick
  • Foundation Details: Basement, Block
  • Levels: Two
  • Roof: Other
  • Stories Total: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 2.0
  • Appliances: Gas Water Heater
  • Basement: Private Storage Locker
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Water Heater Fuel: Natural Gas
Exterior Features
  • Community Features: Sidewalks
  • Patio And Porch Features: Covered, Porch
Multi Family
Multi Family Information
  • Number of Units Leased: 2
  • Number of Units Total: 2
Income & Expenses
  • Gross Scheduled Income: $11,400.00
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $950.00

Property History for 8321 Rathbone Street

DateEvent & SourcePriceAppreciation
Feb 4, 2017

Sold

MiRealSource #21229215

$37,500
Feb 4, 2017

Sold

Realcomp #216103058

$37,500
Feb 3, 2017

Sold (Public Record)

Public Record #611542930

$37,600

+477.0% / yr

DateEvent & SourcePrice
02/04/2017

Sold

MiRealSource #21229215

$37,500
02/04/2017

Sold

Realcomp #216103058

$37,500
02/03/2017

Sold (Public Record)

Public Record #611542930

$37,600

+477.0% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 8321 Rathbone Street

Taxable ValueLand-Additions-Total-
Tax Record2023$1,577 ($131 / month)
Home Facts
Beds0Baths2Total Finished SqFt2,016 SqFtAbove Grade Finished SqFt2,016 SqFtStories2Lot Size1,742 SqFtStyleSingle Family ResidenceYear Built1922ZoningB4CountyWAYNEAPN20006048.001

Schools near 8321 Rathbone Street

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Bennett Elementary School
PublicPK to 5

Earhart Elementary-Middle School
PublicPK to 8

Bates Academy
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Downtown Realty

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