Address unavailable., Detroit, MI 48227

$105,000 Asking Price

3 beds

1 bath

2,309 sqft

Built in 1937

Discover a truly exceptional investment with this income-generating property, offering everything you need for a smart and profitable venture. With a dependable Section 8 tenant already in place, providing a steady rental income of $1,340 per month, this property ensures immediate returns with zero downtime. This home has been thoughtfully updated. If you're seeking a turnkey investment with steady cash flow, this property is a standout choice. Inside pictures coming soon.

Listing Status:: Active
Date Added:: August 14, 2024 — 46 days ago
Listing Office:: Arterra Luxe Collection LLC, Kristina Khalifeh (313-689-8836)
Office Phone:: 248-733-5893
MLS ID:: 70424826

Features & Amenities

Interior

Heating:: Natural Gas, Forced Air

Exterior

General:: Brick
Style:: Colonial

Construction

General:: 2 Story, Basement

Location

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

Lot

Zoning:: W SUSSEX 259 BROADMOOR SUB L41 P48 PLATS, W C R 22/578 40 X 108, 22046935.

Utilities

Water:: Public Water
Sewer:: Public Sanitary

Financial

Source:: Greater Metropolitan Association of REALTORS

This listing courtesy of:
Arterra Luxe Collection LLC, Kristina Khalifeh

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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Address unavailable., Detroit, MI 48227

$105,000 Asking Price