19751 Fenelon Street, Detroit, MI 48234

$160,000 Asking Price

5 beds
1 bath
1,556  sqft
Built in 1947

Calling all investors! Fully TURNKEY opportunity and a great addition to your investment portfolio! Fully certified by the City of Detroit, rented, meeting all Section 8 standards, and a ROI of 12.30%. Property features a 5 bedroom 1 bathroom, Section 8 tenant on a yearly lease with a rent of $1,750/month. Seller has other similar properties for sale. Seller and agent are related.

Features & Amenities

Interior

Laundry:
Gas dryer hookup, Sink, Washer hookup
Heating:
Forced air, Natural gas

Exterior

Style:
Bungalow

Construction

General:
Aluminum siding, Michigan basement

Location

Originating MLS:
Greater Metropolitan Association of REALTORS
School District:
Detroit
County:
Wayne

Lot

Zoning:
W FENELON S 14 FT 329 N 25 FT 328 & E 8 FT OF VAC ALLEY ADJ DONDEROS L38 P43 PLATS, W C R 13/268 39 X 108, W13I017172S

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
Greater Metropolitan Association of REALTORS

This listing courtesy of:
3DX Real Estate, LLC., Roxana Yeh

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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