14393 Strathmoor St, Detroit, MI 48227

$75,000 Asking Price

3 beds
1 bath
1,342  sqft
Built in 1924

SECTION 8 ***CITY CERTIFIED***SKY HIGH ROI OF 10%*** Solid Brick 3 Bed colonial on Detroit's Westside, cash cow produces over 13k of gross income annually, professionally managed and turnkey ready for a savvy investor. Section 8 voucher for $1,100/month can be maximized and increased in the future. This property has been awarded a rental certification of occupancy by the City of Detroit and passed annual section 8 re-inspection. Features of this large colonial include- 3 nice sized bedrooms, large living room, dinning room, full bath and basement. Outside find a 3D shingled roof and vinyl windows. Family friendly with generous sized lot, detached garage and fenced yard. With a great location near schools, shopping and many dining options, this rental is always in demand. Add this cash flow gem to your portfolio!!!


Features & Amenities

Interior

Basement:
Unfinished
Heating:
Natural Gas, Hot Water

Exterior

General:
Brick, Fenced Yard,Porch
Style:
Colonial

Construction

General:
2 Story, Basement

Location

Road/Access:
Paved Street
Originating MLS:
RealComp
School District:
Detroit City School District
County:
Wayne

Lot

Zoning:
W STRATHMOOR 423 SCHOOLCRAFT ALLOTMENT L30 P23 PLATS, W C R 22/72 40 X 120, W22I038431S

Utilities

Water:
Public Water
Sewer:
Public Sanitary

Financial

Source:
RealComp
Buyers Agent Compensation:
Yes Percent

This listing courtesy of:
U.S. Investor Group, Sam Berri

About Detroit, MI

Housing

Number of Units
292,561
Median Home Value
$70,234
Median Rent
$679

53.65% of housing units are renter occupied.

18.25% are vacant.

Commute

Car
71.17%
Public Transportation
5.99%
Walk to Work
3.15%
Work from Home
17.73%
Other
1.42%

The median travel time to work is 23 minutes.

People

Population
593,210
Median Age
36.40
Median Household Size
2.38

Education

High School
33.32%
Associate’s Degree
7.33%
Bachelor’s Degree
9.43%
Graduate Degree
6.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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