12290 RIAD Street, Detroit, MI 48224

$40,000 Asking Price

3 beds

1 bath

1,151 sqft

Built in 1939

Investor friendly property! Potential 13% ROI return! 3 bed 1 bath property is already being managed with a property management company for a smooth transition! GREAT street with like properties. Take advantage while you can. **PROPERTY IS TENANT OCCUPIED, DO NOT DISTURB TENANT. PLEASE RESPECT TENANTS RIGHTS*

Listing Status:: Active
Date Added:: June 10, 2024 — 19 days ago
Listing Office:: Evernest, LLC, Francys Ramirez (248-422-2422)
Office Phone:: 248-970-0629
MLS ID:: 20240040630

Features & Amenities

Interior

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

Exterior

Style:: Bungalow

Construction

General:: Brick, 1 1/2 Story, Pillar/Post/Pier,Basement

Location

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

Lot

Zoning:: E RIAD 1388 AND W 9 FT OF VAC ALLEY ADJ YORKSHIRE WOODS SUB NO 7 L54 P88 PLATS, W C R 21/899 40 X 131, W21I057615S

Utilities

Water:: Public
Sewer:: Sewer-sanitary

This listing courtesy of:
Evernest, LLC, Francys Ramirez

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.

Similar Homes

Interested in this home?

Request more information:

12290 RIAD Street, Detroit, MI 48224

$40,000 Asking Price