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$45,000
Est. payment /mo
3 Beds
1 Bath
904 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 904 sqft
Price per Sqft $49
MLS Listing ID 70488423
Style 2 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 904
Year Built 1942
Annual Tax Amount $1,013
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 37.00X123.00
Property Sub-Type Single Family
Property Description
Prime Investment Opportunity in DetroitThis isn't just another property; it's a turnkey, cash-flowing asset ready to elevate your portfolio. Located on a peaceful residential street, this tenant-occupied home offers immediate, reliable income and is a smart addition for any investor looking for both stability and growth.Key Investment Highlights:Instant Cash Flow: Start generating income from day one. This property comes with a stable, long-term tenant already in place.Proven Reliability: The current tenant has a remarkable 15-year history of on-time payments, providing a consistent and predictable income stream of $770/month.Strategic Value-Add Potential: Beyond the immediate cash flow, there's significant upside.
Location
State MI
County Wayne
Area Detroit (82001)
Interior
Heating Forced Air
Exterior
Garage No
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Vinyl Siding
Schools
School District Detroit City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional,Land Contract
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Arterra Luxe Collection LLC
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