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$145,000
Est. payment /mo
3 Beds
1 Bath
1,150 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,150 sqft
Price per Sqft $126
Subdivision Inglewood Park 5
MLS Listing ID 60401451
Style 1 1/2 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 1,150
Year Built 1941
Annual Tax Amount $2,086
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 38X110
Property Sub-Type Single Family
Property Description
This one is for investors! Section 8 occupied at $1300/m. This deal is ideal for an investor seeking stability, cash flow, and low management overhead. It qualifies for conventional and DSCR financing. Whether you're scaling a local portfolio or investing from out of state, this deal offers the kind of hands-off income most investors are looking for in the Detroit market. You will cash flow from day 1. Freeland St is located in a very desirable area. Brick bungalow with 3 bedrooms, a full basement and a detached garage. Owner also has 2 other tenant occupied properties for sale. Addresses include: 9117 Brace ($1,200/mo rent) and 20201 Grandville ($1,600/mo rent). Total rent: $4,100/month or $49,200/year. All properties are fully leased, tenant-paid utilities, and in turnkey condition. Contact listing agent for rent roll, leases, and additional info.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Parking Features Detached Garage
Garage Spaces 1.0
Garage Yes
Building
Story 1 1/2 Story
Foundation Basement
Water Public Water
Architectural Style Bungalow
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by Keller Williams First
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