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$112,500
Est. payment /mo
2 Beds
1 Bath
723 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 723 sqft
Price per Sqft $155
MLS Listing ID 20261032068
Bedrooms 2
Full Baths 1
Year Built 1939
Annual Tax Amount $1,800
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 40X101.1
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Welcome to this cozy and fully updated ranch home located in Detroit's desirable College Park neighborhood — a turnkey rental investment currently generating $1,200/month with a reliable, cash-paying tenant already in place! This income-producing property features brand-new laminate flooring, fresh paint throughout, updated bathrooms and kitchen, new windows, and new appliances, requiring zero renovation and offering immediate cash flow from day one. The home offers a functional and comfortable layout with plenty of natural light, a full basement for extra storage or additional living space, and a garage for added convenience. With a 12% ROI at just 20% down, this is a rare opportunity to acquire a stabilized asset in a desirable Detroit neighborhood — don't miss out, inquire today!
Location
State MI
County Wayne
Direction E OF SOUTHFIELD S OF 7 MILE
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Spaces 1.0
View Y/N No
Garage Yes
Building
Story 1
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W22I061798S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Amin Realty
Nearby Locations
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