9635 Terry St, Detroit, MI 48227

$129,000 Asking Price

3 beds
1 bath
1,499  sqft
Built in 1939

This Detroit, MI property is an outstanding investment opportunity! This well-maintained property generates consistent rental income providing immediate cash flow for investors. This property is part of a 11-property portfolio, each in similar condition with comparable rental income. All properties are currently occupied by long-term tenants, offering stability and reliable returns. Please feel welcome to drive by the property to view the exterior, but do not disturb the tenants. For more information or to request financial documents, contact us today. Don’t miss out on this exceptional opportunity!

Features & Amenities

Interior

Basement:
Unfinished
Heating:
Natural Gas, Forced Air

Exterior

General:
Brick
Style:
Bungalow

Construction

General:
2 Story, Basement

Location

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

Lot

Zoning:
W TERRY 173 AYERS PARK SUB L62 P10 PLATS, W C R 22/649 42 X 107.53, W22I043258S

Utilities

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

Financial

Source:
RealComp

This listing courtesy of:
Exit United Realty Professionals, Dawn Thompson

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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