This beautifully renovated bungalow is truly turnkey — a great addition to any investor’s portfolio! Currently tenant-occupied at $1,250/month on a month-to-month Section 8 lease, this property provides immediate cash flow from day one with future upside potential through rent increases over time. The tenant is current on payments, takes pride in the home, and would love to remain for added stability. Professionally managed by a local property management company, buyers have the option to continue management for a seamless transition or self-manage the property. Conveniently located on Detroit’s east side with easy access to amenities and transportation, this is a solid income-producing opportunity in Detroit’s growing rental market. Subject to tenant’s rights. Please do not disturb tenants. No showings without an accepted offer. Photos were taken prior to tenant occupancy.
69 days
|
104
|
8
|
Zillow last checked:
Listing updated:
Listed by:
Ryan Lonsway248-765-7691,
Real Broker, LLC Troy517-200-3245
Source: Realcomp II,MLS#: 20261036729
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Bedroom
Level: Entry
Area: 99
Dimensions: 11 X 9
Bedroom
Level: Entry
Area: 144
Dimensions: 12 X 12
Bedroom
Level: Second
Area: 276
Dimensions: 23 X 12
Primary bathroom
Level: Entry
Area: 35
Dimensions: 5 X 7
Kitchen
Level: Entry
Area: 77
Dimensions: 11 X 7
Heating
Forced Air, Natural Gas
Appliances
Included: Dishwasher, Free Standing Electric Oven, Free Standing Refrigerator, Microwave
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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