7757 Lamphere, Detroit, MI 48239

$129,900 Asking Price

3 beds
2 baths
1,022  sqft
Built in 1947

CALLING ALL INVESTORS - TENANT OCCUPIED**** Newly renovated high performing single-family unit that will make the perfect addition to your current or new investment portfolio. Current tenant pays $1350 per month , low maintenance, always pays on time and hassle-free lease is thru 1/17/2025 CURRENT RENT COMPS IN THIS AREA ARE APPROX $1300- $1500 A MONTH WHICH GIVES THIS PROPERTY A GREAT ROI factoring in yearly expenses including taxes and insurance less than $3500 for the year. Property is located in a quiet and well-maintained neighborhood. Showings will be limited based on tenant availability.


Features & Amenities

Interior

Basement:
Partially Finished
Heating:
Forced Air, Natural Gas

Exterior

Style:
Bungalow

Construction

General:
Brick, 1 1/2 Story, Basement

Location

Road/Access:
Paved
School District:
Detroit
County:
Wayne

Lot

Zoning:
W LAMPHERE 1044 ALSO E 9 FT & S 10 FT OF VAC ALLEYS ADJ ROUGE PARK SUB NO 2 L62 P70 PLATS, W C R 22/661 50 X 133.81, W22I116588S

Utilities

Water:
Public
Sewer:
Sewer-sanitary

This listing courtesy of:
EXP Realty LLC, Dominic Shaba

About Redford, MI

Housing

Number of Units
22,702
Median Home Value
$98,874
Median Rent
$878

26.45% of housing units are renter occupied.

4.97% are vacant.

Commute

Car
77.26%
Public Transportation
1.09%
Walk to Work
0.49%
Work from Home
20.32%
Other
0.62%

The median travel time to work is 22 minutes.

People

Population
53,541
Median Age
38.40
Median Household Size
2.63

Education

High School
33.70%
Associate’s Degree
10.39%
Bachelor’s Degree
15.59%
Graduate Degree
6.83%

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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