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$100,000
Est. payment /mo
3 Beds
2 Baths
1,254 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,254 sqft
Price per Sqft $79
MLS Listing ID 20261074710
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1945
Annual Tax Amount $6,287
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35X123
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
CALLING ALL INVESTORS—TENANT OCCUPIED! Excellent income-producing opportunity offered at $100,000 with a long-term tenant currently paying $1,200 per month. The existing lease runs through December 31, 2026, providing immediate rental income and stability for the next owner. At the current rent, the property generates $14,400 in gross annual income providing a strong CAP/ ROI Rate. Property is located in a quiet, well-maintained neighborhood. Showings will be limited and coordinated based on tenant availability.
Location
State MI
County Wayne
Direction N of E State Fair Ave | E of Gratiot Ave
Interior
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 2
Sewer Public
Water Public
Structure Type Aluminum Siding,Brick
Schools
School District Detroit
Others
Tax ID W21I024961S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by EXP Realty Main
NEARBY SCHOOLS & PROPERTIES
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