11723 Rutherford St, Detroit, MI 48227

$85,000 Asking Price

3 beds
1 bath
959  sqft
Built in 1942

*Occupied, do not disturb tenants* This fantastic 3 bedroom bungalow appeals to investors and homeowners alike! Minutes from Grandmont Rosedale and major freeways, this home is situated in the Grandale neighborhood and was fully updated in 2022. This update included an entirely new kitchen with shaker cabinets, granite countertops, tile backsplash, and LVP flooring throughout kitchen, dining, and living room. New carpet in the bedrooms, paint throughout, and vanity / toilet in the bathroom. Updates included a new roof and repairs to plumbing & electrical. Lots of space with the large unfinished basement and fenced in backyard for entertaining. For investors, the month to month tenant is willing to stay and current rents are at 1100/mo with room to increase. Can be a great cash flow property with over 13% ROI depending on financing! Need 30 to 60 days for relocation for homeowners purchasing. Note that photos are from prior to move in, there may be minor wear and tear.


Features & Amenities

Interior

Basement:
Unfinished
Heating:
Natural Gas, Forced Air

Exterior

General:
Aluminum
Style:
Bungalow

Construction

General:
1 1/2 Story, Basement

Location

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

Lot

Zoning:
W RUTHERFORD 371 FRISCHKORNS WARREN GRAND SUB L47 P52 PLATS, W C R 22/205 35 X 120, W22I056654S

Utilities

Water:
Public Water,Public Water at Street
Sewer:
Public Sanitary,Public At Street

Financial

Source:
RealComp
Buyers Agent Compensation:
Yes Percent

This listing courtesy of:
Zest Realty LLC, Timothy Moore

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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