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$85,000
Est. payment /mo
2 Beds
1 Bath
720 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 720 sqft
Price per Sqft $118
Subdivision College Heights
MLS Listing ID 60929876
Style 1 Story
Bedrooms 2
Full Baths 1
Abv Grd Liv Area 720
Year Built 1950
Annual Tax Amount $874
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 35X96
Property Sub-Type Single Family
Property Description
Hey there, it's me - 19425 Fenmore - and I've got options for you: if you're a homeowner who wants a low-maintenance, move-in-ready spot, I'm exactly your size and already polished; but, my true super power is for investors who like numbers that make sense. Pick me up for $85,000 with 20% down and your mortgage payment is around $452 a month; line that up with Section 8 rent potential of $1,275/month and you're looking at a projected 19% cash-on-cash return after expenses and financing - proof that I'm not just cute, I'm profitable. Now, I may not be brick, but I've been rebuilt where it counts: brand-new kitchen with granite countertops, soft-close cabinetry running all the way to the ceiling with a custom pantry, fresh lighting, new floors, and a completely redone bathroom with new tub, vanity, toilet, mirror, and shower. Behind the walls? All-new electrical, plumbing, windows, exterior steps, and a newer roof (2023) - which means fewer headaches and lower long-term costs for you. My basement? A blank canvas tenants will love for storage, office space, or entertaining. Location is on my side too: I'm only a 15-minute drive to Downtown Detroit, plus I'm close to Henry Ford Hospital, DMC Harper University Hospital, Children's Hospital of Michigan, Wayne State University, and University of Detroit Mercy - anchors that bring steady rental demand from students, professionals, and medical staff. Whether you're looking for a smart, simple home to live in or you're an investor who wants immediate cash flow with minimal effort, I'm ready to deliver. Don't scroll past me - book your showing with the listing agent today and see why I'm the little Detroit home that outperforms big on returns.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Garage No
Building
Story 1 Story
Foundation Basement
Water Public Water
Architectural Style Ranch
Structure Type Aluminum
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA
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Listed by Pretty Home Realty