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Buffy Schichtel

buffys@cbgreatlakes.com +1(231) 855-7585

$ 109,900

Est. payment | -/mo

3 Beds

1 Bath

1,082 SqFt

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$ 109,900

Est. payment | -/mo

Save

3 Beds

1 Bath

1,082 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,082 sqft

Price per Sqft $101

MLS Listing ID 20261053018

Bedrooms 3

Full Baths 1

Year Built 1944

Annual Tax Amount $272

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 42X123.61

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

Turnkey, fully renovated, and already income-producing! This solid brick bungalow in Detroit's Morningside neighborhood is a great opportunity for an investor looking for immediate cash flow. The property is currently leased at $1,250 per month, allowing the new owner to begin collecting rental income from day one.The home has been updated with new laminate flooring, fresh modern paint, new windows, and a fully renovated kitchen and bathroom. A new HVAC system will also be installed before closing, adding even more value and helping reduce future maintenance expenses.With the renovations already completed and a tenant in place, there is no need to spend additional time or money preparing the property for rent. Based on a 20% down payment, the property offers an estimated 10% return on investment, making it a compelling buy-and-hold opportunity. Located near shopping, schools, parks, restaurants, and major roadways, this low-maintenance property offers a strong combination of affordability, condition, immediate income, and long-term investment potential.Whether you are adding to your portfolio or purchasing your first rental property, this is an opportunity you do not want to miss. Please do not disturb the tenant. Schedule your showing today!

Location

State MI

County Wayne

Direction North of Mack Ave and East of Moross Rd

Interior

Heating Forced Air

Exterior

Parking Features Detached

Garage Spaces 2.0

View Y/N No

Garage Yes

Building

Story 2

Sewer Public

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W21I057820S003

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Amin Realty

Nearby Locations

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Buffy Schichtel

REALTOR® | Lic# 6501425881

buffys@cbgreatlakes.com

+1(231) 855-7585

506 S Beacon Blvd, Grand Haven, MI, 49417, USA

12582 Duchess Street Detroit, MI 48224

Buffy Schichtel

Key Details

Location

Interior

Exterior

Building

Schools

Others

12582 Duchess Street