5203 UNIVERSITY, Detroit, MI 48224

$99,900 Asking Price

3 beds

1 bath

1,120 sqft

Built in 1941

This tenant-occupied property at 5203 University presents a prime investment opportunity. Currently generating steady rental income, it’s perfect for investors seeking immediate returns. The property features 3 bedrooms, 1 bathroom, and offers 1250 sqft of living space. it’s a great addition to any real estate portfolio. Contact us today for more details!

Listing Status:: Active
Date Added:: November 14, 2024 — 1 day ago
Listing Office:: Rondo Investment LLC, Raphael D Fazzolari (248-890-5060)
Office Phone:: 313-521-6666
MLS ID:: 20240086001

Features & Amenities

Interior

Basement:: Unfinished
Heating:: Forced air, Natural gas

Exterior

Style:: Bungalow
Pool:: None
Parking:: One car garage, Detached

Construction

General:: Brick, OneandOneHalf, Basement, Poured

Location

Road/Access:: Paved
Originating MLS:: Realcomp II Ltd
School District:: Detroit
County:: Wayne

Lot

Zoning:: W UNIVERSITY PL 9 FARMBROOK SUB L51 P79 PLATS, W C R 21/849 48 X 133.69, W21I077504S

Utilities

Water:: Waterat street
Sewer:: Sewer at Street

Financial

Source:: Realcomp II Ltd

This listing courtesy of:
Rondo Investment LLC, Raphael D Fazzolari

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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5203 UNIVERSITY, Detroit, MI 48224

$99,900 Asking Price