18
See all 18 photos
$95,000
Est. payment /mo
3 Beds
1 Bath
1,100 SqFt
New
16191 Strathmoor Street Detroit, MI 48235 4068
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Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $86
Subdivision Charles Engel
MLS Listing ID 61011015
Style 1 1/2 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 1,100
Year Built 1940
Annual Tax Amount $5,575
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 35X111
Property Sub-Type Single Family
Property Description
This beautifully renovated bungalow is a truly turnkey investment opportunity! Extensively remodeled on the interior in 2024, the home is currently tenant-occupied at $1,200 per month, providing immediate cash flow from day one with future upside through potential rent increases. The current tenant is up to date on rent, takes great care of the property, and would love to remain, offering added stability for the next owner. The home is professionally managed by a local property management company, giving buyers the option to continue management for a seamless transition or self-manage if preferred. Conveniently located on Detroit's west side with easy access to shopping, dining, major roadways, and public transportation, this is a solid, income-producing opportunity in Detroit's growing rental market. Subject to tenant's rights. Please do not disturb the tenant. No showings without an accepted offer. Photos were taken prior to tenant occupancy.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Garage No
Building
Story 1 1/2 Story
Foundation Basement
Water Public Water
Architectural Style Bungalow
Structure Type Vinyl Siding
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Real Broker, LLC Troy
Nearby Locations
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