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$110,000
Est. payment /mo
3 Beds
1 Bath
970 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 970 sqft
Price per Sqft $113
MLS Listing ID 20261036729
Bedrooms 3
Full Baths 1
Year Built 1950
Annual Tax Amount $1,138
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40X114
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
This beautifully renovated bungalow is truly turnkey — a great addition to any investor's portfolio! Currently tenant-occupied at $1,250/month on a month-to-month Section 8 lease, this property provides immediate cash flow from day one with future upside potential through rent increases over time. The tenant is current on payments, takes pride in the home, and would love to remain for added stability. Professionally managed by a local property management company, buyers have the option to continue management for a seamless transition or self-manage the property. Conveniently located on Detroit's east side with easy access to amenities and transportation, this is a solid income-producing opportunity in Detroit's growing rental market. Subject to tenant's rights. Please do not disturb tenants. No showings without an accepted offer. Photos were taken prior to tenant occupancy.
Location
State MI
County Wayne
Direction East of Moross & South of Kelly
Interior
Heating Forced Air
Appliance Refrigerator, Oven, Microwave, Dishwasher
Exterior
Parking Features Detached
Garage Spaces 1.0
View Y/N No
Garage Yes
Building
Story 2
Sewer Public
Water Public
Structure Type Aluminum Siding
Schools
School District Detroit
Others
Tax ID W21I080257S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Real Broker, LLC Troy
Nearby School & Business
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