9942 Balfour Rd, Detroit, MI 48224

$64,900 Asking Price

3 beds

1 bath

1,186 sqft

Built in 1939

WELCOME TO THE OUTER DRIVE-HAYES NEIGHBORHOOD! INVESTMENT OPPORTUNITY! LONG TERM TENANT IN PLACE TAKING EXCELLENT CARE OF THE HOUSE PAYING $825 PER MONTH LIKE CLOCK WORK! UPDATE RECENTLY DONE TO THE INTERIOR AND THE ROOF. AFFORDING THE OWNER WITH MAINTENANCE FREE CASH FLOW! TENANT IS RESPONSIBLE FOR ALL UTILITIES. RENT CAN BE INCREASED WHICH MEANS THIS ONE HAS POTENTIAL TO GROW! INQUIRE TODAY!

Listing Status:: Active
Date Added:: September 4, 2024 — 16 days ago
Listing Office:: Keller Williams Legacy, Jay Kabbani (313-502-0550)
Office Phone:: 313-752-0000
MLS ID:: 60336579

Features & Amenities

Interior

Basement:: Unfinished
Heating:: Natural Gas, Forced Air

Exterior

General:: Brick
Style:: Bungalow

Construction

General:: 1 1/2 Story, Basement

Location

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

Lot

Zoning:: E BALFOUR 221 LEIGH G COOPER SUB L46 P63 PLATS, W C R 21/820 35 X 115, W21I067799S

Utilities

Water:: Public Water
Sewer:: Public Sanitary

Financial

Source:: RealComp

This listing courtesy of:
Keller Williams Legacy, Jay Kabbani

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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9942 Balfour Rd, Detroit, MI 48224

$64,900 Asking Price