MI > Wayne > Highland Park > 240 Golden Gate

Sold

240 Golden Gate Map / directions

Highland Park, MI

48203 Market info

$160,000

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  • MLS# 20230052778
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248-304-6700

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248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.
LOCATED 5 MINUTES FROM THE INFAMOUS PALMER PARK HISTORIC DISTRICT, YOU WILL FIND 240 WEST GOLDEN GATE NESTLED ON A 6,534 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS TRIPLEX CONSISTS OF 3 RECENTLY REMODELED SECTION 8 UNITS. EACH UNIT HAS BEEN UPGRADED AND HAS ENTIRELY BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. FURTHERMORE THE ENTIRE COMPLEX HAS NEW ELECTRICAL AND PLUMBING FROM TOP TO BOTTOM. EACH SPACIOUS UNIT HAS FRESHLY ROLLED PAINT AND MAINTENANCE FREE FLOORING. THE UNITS ARE ALL LEASED TO SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS ARE $3255 PAID BY SECTION 8. THE TENANTS PAY ALL UTILITIES WITH CENTRAL HEAT, WHICH ALLOWS THIS COMPLEX TO MAINTAIN A NEAR 20% CASH ON CASH RETURN. PROPERTY TAXES HAVE BEEN REDUCED TO ROUGHLY $250 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Property Information

Status
Sold 
Address
240 Golden Gate 
City
Highland Park 
Zip
48203 
Year Built
1928 
Subdivision
James E O'Flahertys Log Cabin 
Listing Date
05/20/2023 
Architecture
2 Story 
County
Wayne 
Above Grade SqFt
2,700 
Possession
At Close 
Price/SqFt
62.93 

School Information

School District
Detroit 

Taxes

Summer Taxes
$2,308 
Winter Taxes
$281 

Features

Zoning
Multi-Family 
Water
Water at Street 
Sub Property Type
Commercial 
Heating
Hot Water, Natural Gas 

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years
annual
annual
  • Property History
  • Schools Information
  • Local Business
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20230052778 Sold Pending Sep 12 2023 5:06PM $160,000 104
20230052778 Pending Active Sep 1 2023 9:36AM 104
20230052778 Aug 20 2023 8:05PM $169,900 $175,000 104
20230052778 Aug 11 2023 2:16AM $175,000 $179,900 104
20230052778 Jul 17 2023 2:08PM $179,900 $190,000 104
20230052778 Jul 12 2023 2:16AM $190,000 $185,000 104
20230052778 Active Jun 29 2023 4:05PM $185,000 104
20230039650 Withdrawn Active Jun 29 2023 3:42PM 40
20230039650 Active May 20 2023 9:36AM $185,000 40
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

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Listing Courtesy of 1st Michigan Real Estate

Office Address 125 Arcola

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Our Michigan real estate agents can answer all of your questions about 240 Golden Gate, Highland Park MI 48203. Real Estate One, Max Broock Realtors, and J&J Realtors are part of the Real Estate One Family of Companies and dominate the Highland Park, Michigan real estate market. To sell or buy a home in Highland Park, Michigan, contact our real estate agents as we know the Highland Park, Michigan real estate market better than anyone with over 100 years of experience in Highland Park, Michigan real estate for sale.

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240 Golden Gate Highland Park
Contact us
$169,900
Sold • Acres: 0.15 • Zoning: Multi-Family