Detroit, MI 48224
MLS# 20261056868
This renovated 3-bedroom, 1-bath brick bungalow is currently tenant occupied under an active lease generating $1,250 per month ($15,000 annually), offering investors immediate rental income and a quality addition to any investment portfolio. Renovated prior to tenant occupancy, the property features updated flooring, fresh paint, an updated kitchen with modern finishes, a renovated bathroom, and numerous additional interior improvements throughout. Offering approximately 1,018 square feet of living space, a full basement, natural fireplace, and detached 2-car garage, this home presents an excellent opportunity for investors seeking a well-maintained, income-producing asset with long-term appreciation potential. Photos shown were taken prior to the current tenant's occupancy. Tenant occupied—please do not approach or disturb the tenant. Showings are reserved for parties with an accepted offer only. This property is one of 20 investment properties offered individually or as part of a portfolio acquisition. Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer's Agent to verify all information.
Listed by Jay Naim · EXP Realty Main
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$632/mo
$25,000 down · $100,000 financed
Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.