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$80,000
Est. payment /mo
3 Beds
1 Bath
896 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 896 sqft
Price per Sqft $89
MLS Listing ID 20250030720
Bedrooms 3
Full Baths 1
Originating Board Realcomp
Year Built 1950
Annual Tax Amount $861
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 35.00 x 107.00
Property Sub-Type Single Family Residence
Property Description
This fully renovated, tenant-occupied property is a turnkey investment delivering immediate cash flow with low maintenance. Generating $1,100 in monthly rent and offering an impressive 11.7% ROI, it features recent upgrades including new flooring, fresh paint, and a modernized kitchen and bathroom. The home also includes a spacious basement and detached garage for added storage and functionality. A reliable tenant is already in place on a one-year lease, ensuring rental income from day one. Conveniently located near major freeways, parks like Jayne Field, shopping, dining, and public transit, it offers both investor appeal and tenant satisfaction. With Detroit's continued revitalization, this is a strong opportunity for long-term growth. No showings without an accepted offer—contact us today for more information.
Location
State MI
County Wayne
Area Wayne County - 100
Direction Ryan Rd & E 7 Mile
Rooms
Basement Partial
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Spaces 2.0
View Y/N No
Garage Yes
Building
Story 1
Water Public
Structure Type Vinyl Siding
Schools
School District Detroit
Others
Tax ID W13I017827S
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Listed by Amin Realty