$75,000

2 Beds   1 Bath   700 Sq. Ft.   Single-Family
Get the Foreclosure Address

Nelson Ave
Romulus, MI 48174

Potential Profit

$8,900

Sign up now and save money on this property

Status: Inactive
Listing ID: 58258047

Interested in this property?

View More Photos

Create a Free Account

Rental Chart
View Rental and Market value of this property
View Market Value

Property Information

  • Price: $75,000
  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 700
  • Year Built: 1942
  • Subdivision: BERMAN WEST SIDE
  • Property Type: Single Family Dwelling
  •  

Potential Home Value

This property has untapped potential!

Current Value
$75,000
Potential Value
Sign in to view

Public Records

  • Bedrooms: 2
  • Baths: 1
  • Full Baths: 1
  • Rooms: 4
  • No. of Stories: 1
  • Basement Sqft: 700
  • Exterior Wall Type: ALUMINUM/VINYL
  • Heating Fuel: ELECTRIC
  • Heating Type: SPACE
  • Roof Material: ASPHALT
  • Roof Type: GABLE
  • Land Area Sqft: 39,639
  • Year Built: 1942
  • APN: 70-016-01-0109-000
  • Property Type: Single Family Residence
  • Township: BROWNSTOWN TWP
  • Front Footage: 126
  • Depth Footage: 315
  • Living Sqft: 700
  • Sewer Type: PUBLIC
  • Subdivision: BERMAN WEST SIDE
  •  

Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

Read more...

    Credit Information Center

  • Want to know your FICO score?: Click here
  • Are you the victim of identity theft?: Find out

Rental Value

The estimated rental value for Nelson Ave located in Romulus, MI is $760/month. Comparable homes around Nelson Ave that are rentals have monthly ranges starting as low as $680 per month and as high as $840 per month. An owner looking to use this property as an investment could bring a return in the area of $680 - $840 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.


MORTGAGE CALCULATOR

Calculate monthly mortgage payments with our easy mortgage loan calculator.

CALCULATE
Homes On This Street
View more homes on Nelson Ave
foreclosure.com

Nelson Ave
Romulus, MI 48174

2 Beds   1 Bath   700 sq. ft.   Single-Family

$75,000

Status: Inactive Listing ID: 58258047

Property Information

Sign in to see detailed property information.

Public Records

Sign in to see detailed property information.

Property Description

Sign in to see detailed property information.

Listing URL

https://static.foreclosure.com/listing/address.html?address=Nelson-Ave-Romulus-MI-48174/58258047_lid

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch, Inc 1999-2022. All Rights Reserved.