8956 Rutherford Street

1,680 Sq. Ft.
$70 / Sq. Ft.
1,680
Sq. Ft.
$70
per Sq. Ft.

Description

Money making side by side two family on the westside with separate entrances/exits and separate basement spaces. Gross income of $2100/mo. Owner is currently pursuing their certificate of compliance with the City of Detroit. Sit back and watch the money roll in (turnkey). Potential 15-19% ROI. Separate utilities, owner is responsible for the water. No showings without an offer with proof of funds or pre-approval so as not to constantly bother the existing tenants.Money making side by side two family on the westside with separate entrances/exits and separate basement spaces. Gross income of $2100/mo. Owner is currently pursuing their certificate of compliance with the City of Detroit. Sit back and watch the money roll in (turnkey). Potential 15-19% ROI. Separate utilities, owner is responsible for the water. No showings without an offer with proof of funds or pre-approval so as not to constantly bother the existing tenants.
  1. Listed by Danny Peterson • Brokerage DRE #6505375382 • EXP Realty LLC
    P: (810)-423-6669 C: (810)-423-6669 danny.peterson@exprealty.com

Property Details for 8956 Rutherford Street

Subdivision Name
FRISCHKORNS JOY ROAD (PLATS)
Architectural Style
Colonial, Duplex
Waterfront
No
Zoning Description
Multi-Family
Senior Community
No
LISTING CLOSED: 06/10/2024 12:00 AM

Property Details for 8956 Rutherford Street

StatusSold
MLS #20240023886
Days on Market9
Taxes$2,500 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1949
Lot Size0.11 AC / 4,791 SF
CountyWayne County

Location

Listing Courtesy of EXP Realty LLC

Sold By EXP Realty LLC

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Building Information for 8956 Rutherford Street

Stories-Residences2Year Built1949Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$806 per month

30 year fixed, 6.55% Interest

Principal and Interest

$597

Property Taxes

$208

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 8956 Rutherford Street

Summary
Location and General Information
  • Directions: Greenfield to Ellis St (West) to Rutherford (South) to address
  • Latitude: 42.36030704
  • Longitude: -83.20208501
  • Cross Street: Joy Rd and Greenfield
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W22I055736S018
  • Tax Amount Summer: $2,265.00
  • Tax Amount Winter: $235.00
  • Tax Annual Amount: $2,500.00
  • Tax Assessed Value: $25,000.00
  • Tax Legal Description: E RUTHERFORD 110 EXC S 7.23 FT FRISCHKORNS JOY RD SUB L70 P57 PLATS, W C R 22/714 45.30 IRREG
  • Tax Other Annual Assessment Amount: $340.00
School Information
  • High School District: Detroit
Parking
  • Garage Spaces: 2.0
  • Parking Total: 2.0
  • Attached Garage: No
  • Garage: Yes
  • Parking Features: Two Car Garage
Property
Lot Information
  • Frontage Length: 45.0
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Dimensions: 45.00 x 109.00
  • Lot Size Units: Acres
  • Road Frontage Feet: 45
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 25000.0
  • Living Area: 1680.0
  • Building Area Total: 1680.0
  • Above Grade Finished Area: 1680.0
  • Below Grade Total Area: 660.0
  • Class Name: Residential Income
  • Living Area Source: Assessor
  • New Construction: No
  • Year Built: 1949
Building Features
  • Construction Materials: Brick
  • Foundation Details: Basement, Poured
  • Levels: Two
  • Year Remodeled: 2024
  • Stories Total: 2
Utilities
  • Sewer: Public Sewer, Sewer At Street
  • Utilities: Natural Gas Available, Sewer Available
  • Water Source: Public, Waterat Street
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 2.0
  • Basement: Full, Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Has Cooling: No
  • Fireplace: No
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
Multi Family
Multi Family Information
  • Number of Units Leased: 2
  • Number of Units Total: 2
  • Unit Records: 2
Income & Expenses
  • Gross Scheduled Income: $25,200.00
Unit Information
Unit 1
  • Total Bathrooms: 1
  • Sq Ft: 746.0
  • Type: Two Bedroom
Unit 2
  • Total Bathrooms: 1
  • Sq Ft: 746.0
  • Type: Two Bedroom
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $2,100.00
  • Existing Lease: Yes
  • Pets Allowed: Call
  • Rent Includes: Sewer, Trash Collection, Water
  • Rent Spree: No

Property History for 8956 Rutherford Street

DateEvent & SourcePriceAppreciation
Jun 10, 2024

Sold (Public Record)

Public Record #1535148139

$117,500
Jun 10, 2024

Sold

Realcomp #20240023886

$117,500
Jun 10, 2024

Sold

MiRealSource #60300394

$117,500
DateEvent & SourcePrice
06/10/2024

Sold (Public Record)

Public Record #1535148139

$117,500
06/10/2024

Sold

Realcomp #20240023886

$117,500
06/10/2024

Sold

MiRealSource #60300394

$117,500

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

Public Records for 8956 Rutherford Street

Taxable ValueLand-Additions-Total-
Tax Record2023$2,260 ($188 / month)
Home Facts
Baths2Total Finished SqFt1,680 SqFtAbove Grade Finished SqFt1,680 SqFtStories2Lot Size4,792 SqFtStyleDuplexYear Built1949ZoningR2CountyWAYNEAPN22055736.018

Schools near 8956 Rutherford Street

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 12
Rating
School
Distance
Bates Academy
PublicPK to 8

Henderson Academy
PublicPK to 8

Detroit International Academy For Young Women
PublicPK to 12

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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Listing Courtesy of EXP Realty LLC

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