Detroit, MI 48205
MLS# 50216979
Turnkey investment opportunity with immediate rental income! This solid brick bungalow features 3 bedrooms, 1 full bath, a 2-car detached garage, and a partially finished basement offering ample storage and future value-add potential. The furnace was replaced just 4 years ago, providing added peace of mind for investors. Freshly painted in March 2026 to a modern gray. Currently tenant-occupied and generating $1,300 per month with a lease in place through May 2027, this property delivers instant cash flow from day one. Whether you're expanding your real estate portfolio or purchasing your first investment property, this income-producing home offers the stability of an established tenant, durable brick construction, and strong long-term investment potential. Located in Detroit's active rental market, this is an excellent opportunity to build wealth through consistent rental income and future appreciation. Please allow 24 hour notice for showings.
Listed by Danette Bonnell · Century 21 Professionals
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$405/mo
$16,000 down · $63,999 financed
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