MI > Wayne > Highland Park > 240 W Golden Gate

Sold

240 W Golden Gate Map / directions

Highland Park, MI

48203 Market info

$160,000

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  • 3 Units
  • 2,700 SqFt
  • MLS# 20230052767
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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.
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 W Golden Gate 
City
Highland Park 
Zip
48203 
Year Built
1928 
Style
Triplex 
Possession
At Close 
Architecture
2 Story 
Listing Date
02/02/2023 
Subdivision
James E O'Flahertys Log Cabin 
County
Wayne 
Above Grade SqFt
2,700 
Total No of Units
3 

School Information

School District
Detroit 

Taxes

Summer Taxes
$2,308 
Winter Taxes
$281 

Rooms and Land

Lot Dimensions
60.00 x 111.00 
Total Acres
0.15 

Features

Style
Triplex 
Basement
Unfinished 
Heating
Hot Water, Natural Gas 

Mortgage Calculator

years
annual
annual
  • Property History
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20230052767 Sold Pending Sep 12 2023 5:06PM $160,000 211
20230052767 Pending Active Sep 1 2023 9:36AM 211
20230052767 Aug 20 2023 8:05PM $169,900 $175,000 211
20230052767 Aug 11 2023 2:16AM $175,000 $179,900 211
20230052767 Jul 17 2023 2:08PM $179,900 $190,000 211
20230052767 Jul 12 2023 2:16AM $190,000 $185,000 211
20230052767 Active Jun 29 2023 3:42PM $185,000 211
20230008134 Withdrawn Active Jun 29 2023 3:40PM 79
20230008134 May 19 2023 9:36PM $185,000 $189,990 79
20230008134 May 15 2023 4:05PM $189,990 $195,000 79
20230008134 May 12 2023 12:05PM $195,000 $200,000 79
20230008134 Active Contingency May 3 2023 8:05PM $200,000 $185,000 79
20230008134 Contingency Pending Apr 4 2023 9:05PM 79
20230008134 Pending Active Mar 4 2023 12:05PM 79
20221047126 Expired Active Mar 3 2023 2:19AM 105
20221047126 Active Expired Mar 2 2023 7:06AM 105
20230008134 Active Pending Mar 1 2023 2:15AM $185,000 $189,900 79
20230008134 Pending Active Feb 21 2023 12:36PM 79
20230008134 Feb 19 2023 8:36AM $189,900 $200,000 79
20230008134 Active Feb 2 2023 12:36PM $200,000 79
20221047126 Expired Active Jan 12 2023 2:16AM 105
20221047126 Active Pending Jan 11 2023 3:11PM 105
20221047126 Pending Active Nov 23 2022 1:05PM 105
20221047126 Active Sep 29 2022 7:36PM $220,000 105
2210033417 Sold Pending Jul 23 2021 12:47PM $25,000 14
2210033417 Pending Active May 24 2021 9:37PM 14
2210033417 Active Contingency May 20 2021 3:46PM 14
2210033417 May 20 2021 3:20PM $39,900 $50,000 14
2210033417 Contingency Active May 13 2021 11:33AM 14
2210033417 Active May 10 2021 8:49AM $50,000 14

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

MIRC Logo

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 W 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 W Golden Gate Highland Park
Contact us
$169,900
Sold • No. of Units: 3