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$110,000
Est. payment /mo
3 Beds
1 Bath
1,365 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,365 sqft
Price per Sqft $80
MLS Listing ID 20261035652
Bedrooms 3
Full Baths 1
Year Built 1925
Annual Tax Amount $5,134
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35X121.75
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Turnkey investment opportunity in Detroit! 9242 Meyers Rd is a tenant-occupied 3-bedroom, 1-bath bungalow offering immediate cash flow and strong rental potential. Featuring a functional single-family layout with solid investment appeal, this property is ideal for investors looking to add a performing asset to their portfolio. Currently generating income with an estimated 13% cap rate, making this an excellent opportunity for both seasoned and new investors. Conveniently located near major roads, shopping, schools, and local amenities. Tenant occupied — please do not disturb tenant. Showings available with accepted offer or approved access only.
Location
State MI
County Wayne
Direction North of Joy Rd, South of W Chicago
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Spaces 1.0
View Y/N No
Garage Yes
Building
Story 2
Sewer Public
Water Public
Structure Type Aluminum Siding
Schools
School District Detroit
Others
Tax ID W18I018613S
Acceptable Financing Cash, Land Contract
Listing Terms Cash, Land Contract
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Listed by Sonic Realty LLC
Nearby Locations
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