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$ 95,000
Est. payment | /mo
3 Beds
1 Bath
1,100 SqFt
$ 95,000
Est. payment | /mo
3 Beds
1 Bath
1,100 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $86
MLS Listing ID 20261053994
Bedrooms 3
Full Baths 1
Year Built 1940
Annual Tax Amount $5,575
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 35X111
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
This beautifully renovated bungalow is a truly turnkey investment opportunity! Extensively remodeled on the interior in 2024, the home is currently tenant-occupied at $1,200 per month, providing immediate cash flow from day one with future upside through potential rent increases.The current tenant is up to date on rent, takes great care of the property, and would love to remain, offering added stability for the next owner. The home is professionally managed by a local property management company, giving buyers the option to continue management for a seamless transition or self-manage if preferred.Conveniently located on Detroit's west side with easy access to shopping, dining, major roadways, and public transportation, this is a solid, income-producing opportunity in Detroit's growing rental market.Subject to tenant's rights. Please do not disturb the tenant. No showings without an accepted offer. Photos were taken prior to tenant occupancy.
Location
State MI
County Wayne
Direction SOUTH OF MCNICHOLS AND EAST OF HUBBELL
Interior
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 2
Sewer Public
Water Public
Structure Type Vinyl Siding
Schools
School District Detroit
Others
Tax ID W22I038309S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Real Broker, LLC Troy
Nearby Locations
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Michelle Bennett-Siwula
REALTOR® | Lic# 6501410639