Description
Cash-Flowing Investment Property in Detroit - Tenant Occupied! Great opportunity for investors! Located on a quiet, residential street in the heart of Detroit, this tenant-occupied, cash-flowing property is a smart addition to any rental portfolio. Features: Long-term tenant in place for 14 years ,Excellent payment history - currently paying $770/month, Reliable monthly rental income from day one, Potential for value-add improvements to increase equity and returns. With strong rental demand in the area and a stable tenant already in place, this home offers immediate income and long-term potential. Whether you're a seasoned investor or just starting out, this property is a solid pick for building wealth through real estate. Prime Detroit location | Investor special | Turnkey opportunity
Details
| MLS # | 25020135 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1942 |
| Days On Site | 47 |
| Listing Provided By | Arterra Luxe Collection LLC | Kristina Khalifeh |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 904 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.10 |
Taxes
| Property | 2412 |
|---|
Market Activity 48205
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Learn More About This Property
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48205 |
| Area | Wayne County 100 |
| Subarea | 100 |
| School District | Detroit |
| Listing VS Median (in 48205) | |
Price: $45,000 low | high Med: $60,000 SqFt: 904 low | high Med: 1,476 $ / SqFt: $50 low | high Med: $41 On site: 47 low | high Med: 151.500000 | |
