This beautifully renovated bungalow is truly turnkey - a great addition to any investor's portfolio! Currently tenant-occupied at $1,250/month on a month-to-month Section 8 lease, this property provides immediate cash flow from day one with future upside potential through rent increases over time. The tenant is current on payments, takes… Read More pride in the home, and would love to remain for added stability. Professionally managed by a local property management company, buyers have the option to continue management for a seamless transition or self-manage the property. Conveniently located on Detroit's east side with easy access to amenities and transportation, this is a solid income-producing opportunity in Detroit's growing rental market. Subject to tenant's rights. Please do not disturb tenants. No showings without an accepted offer. Photos were taken prior to tenant occupancy. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Real Broker, LLC Troy, (517) 200-3245.
Listing Snapshot
Days Online
5
Last Updated
Property Type
Residential
Beds
3
Full Baths
1
Square Ft.
970
Lot Size
0.11 Acres
Year Built
1950
MLS Number
20261036729
30 Days Snapshot Of 48225
$134k
+7%
(avg) sold price
12
-7%
homes sold
77
-8%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Free-Standing Electric Oven, Free-Standing Refrigerator, Microwave
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
970 total square feet, 970 combined square feet, 768 total basement square feet, Built in 1950, Architectural style: Bungalow, 1 1/2 Story, Aluminum
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