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$ 70,000
Est. payment | /mo
2 Beds
1 Bath
720 SqFt
$ 70,000
Est. payment | /mo
2 Beds
1 Bath
720 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 720 sqft
Price per Sqft $97
MLS Listing ID 20250025781
Bedrooms 2
Full Baths 1
Originating Board Realcomp
Year Built 1944
Annual Tax Amount $839
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 35.00 x 138.00
Property Sub-Type Single Family Residence
Property Description
Solid Brick Ranch with Section 8 Tenant in Place – $1,000/Month Income. Located in Detroit's Grand River/I-96 corridor, this 2-bed, 1-bath brick ranch offers immediate cash flow and long-term upside. Currently tenant-occupied with Section 8 assistance ($931 of $1,000/month rent), this home is leased through November 2025. Tenant pays all utilities, is current on rent, and has no pets. The 720 sq ft home includes a spacious basement with plenty of storage potential and a 1.5-car detached garage. A newer hot water tank is already in place, and the rest of the mechanicals are in solid working order. The fenced yard, private driveway, covered porch, and classic brick exterior round out the curb appeal. Investors will appreciate the location: just steps from Sawyer Park and the Adams Butzel Rec Complex (swimming, basketball, ice rink). Mackenzie Elementary-Middle School—one of the area's stronger schools—is also within walking distance, as is the Umoja Village Community Garden and a Fresh Market grocery store. Priced at just $70,000, this is a smart, low-maintenance addition to any Detroit portfolio!
Location
State MI
County Wayne
Area Wayne County - 100
Direction South of Lyndon St and West of Schaefer Hwy
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Spaces 1.5
View Y/N No
Garage Yes
Building
Story 1
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W22I034443S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by RE/MAX City Centre