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$84,900
Est. payment /mo
3 Beds
2 Baths
1,025 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,025 sqft
Price per Sqft $82
MLS Listing ID 20261084543
Bedrooms 3
Full Baths 2
Year Built 1950
Annual Tax Amount $1,938
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40X130
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Turnkey Cash-Flowing Investment Opportunity!Excellent opportunity to acquire an income-producing property with a reliable tenant already in place paying $1,000 per month. For investors looking to add immediate cash flow to their portfolio without starting from vacancy, this property offers a strong combination of existing income, tenant stability, and long-term upside.The home provides a functional layout and solid rental appeal, making it well suited for a buy-and-hold strategy. With an established paying tenant in place, the next owner can step into an operating rental from day one and avoid the initial leasing, turnover, and vacancy period that often comes with acquiring investment property.The location adds to the investment value. Convenient access to major Detroit roadways, shopping, restaurants, schools, parks, employment centers, and everyday amenities helps support continued rental demand and long-term tenant appeal. This makes the property an attractive option for investors focused on dependable cash flow and portfolio growth.Whether you're purchasing your first rental or expanding an existing portfolio, this property offers a straightforward opportunity to acquire a stabilized asset with income already being generated.Currently rented for $1,000 per month with a good-paying tenant in place. DO NOT DISTURB TENANT. Showings by confirmed appointment only.Novation: Buyer has equitable interest in the property and is marketing the property with the owner's authorization in order to locate a new buyer. BTVAI: Buyer to verify all information on listing.
Location
State MI
County Wayne
Direction Biltmore St between Pembroke Ave and St Martins Ave; east side of street
Rooms
Basement Partial
Interior
Interior Features Basement Partially Finished
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 2
Sewer Public
Water Public
Structure Type Aluminum Siding
Schools
School District Detroit
Others
Tax ID W22I064166S
Acceptable Financing Cash
Listing Terms Cash
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Listed by Ikon Property Group
NEARBY SCHOOL & BUSINESS
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