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$115,000
Est. payment /mo
3 Beds
2 Baths
1,011 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,011 sqft
Price per Sqft $113
MLS Listing ID 20250013390
Bedrooms 3
Full Baths 2
Originating Board Realcomp
Year Built 1948
Annual Tax Amount $2,583
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 43.00 x 132.00
Property Sub-Type Single Family Residence
Property Description
CALLING ALL INVESTORS! This newly remodeled 3-bedroom, 2-bath brick bungalow is the perfect addition to your investment portfolio or an ideal starter home. With over $30K in upgrades, this turnkey property is move-in ready and maintenance-free. Recent 2022 updates include a new roof, furnace, hot water tank, refinished hardwood floors, updated bathrooms with new vanities, new blinds, and a fully renovated kitchen with new countertops. Investors will appreciate that the current owner/management company has a pre-qualified tenant ready to move in, though the home is being marketed to both investors and first-time buyers. With current rent comps in the area averaging $1,250/month, and yearly expenses—including taxes and insurance—totaling less than $3,000, this property offers a strong ROI and a healthy cap rate. Located in the quiet and well-maintained Martins Subdivision, this is an opportunity you don't want to miss!
Location
State MI
County Wayne
Area Wayne County - 100
Direction Head North on Evergreen to 7 Mile Rd to Pierson St
Rooms
Basement Partial
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Spaces 2.0
View Y/N No
Garage Yes
Building
Story 2
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W22I106756S015L
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by EXP Realty Main