DRENNAN & SELDONS LASALLE COLLEGE PARK Homes with Two Architecture Level

DRENNAN & SELDONS LASALLE COLLEGE PARK Homes with Two Architecture Level

Welcome to Drennan & Seldon’s LaSalle College Park, a charming subdivision nestled in the vibrant heart of Detroit City, Wayne County, Michigan. This delightful community is renowned for its unique blend of architectural elegance and modern living, making it an ideal place for families, professionals, and anyone looking to enjoy the best that Detroit has to offer.

Drennan & Seldon’s LaSalle College Park features homes with two distinct architectural levels, showcasing a harmonious mix of classic and contemporary designs. Each residence is thoughtfully crafted to provide not only aesthetic appeal but also functional living spaces that cater to the diverse needs of today’s homeowners. The two-level architecture allows for spacious layouts, perfect for entertaining guests or enjoying quiet family evenings.

The neighborhood itself is a tapestry of lush greenery, tree-lined streets, and a sense of community that is hard to find elsewhere. Residents enjoy easy access to local parks, schools, and recreational facilities, making it a family-friendly environment. Additionally, the proximity to Detroit's bustling downtown area means that shopping, dining, and cultural attractions are just a short drive away.

At Drennan & Seldon’s LaSalle College Park, you’re not just purchasing a home; you’re investing in a lifestyle. Whether you’re drawn to the architectural charm, the welcoming community atmosphere, or the convenience of urban living, this subdivision is a hidden gem waiting to be discovered. Come explore your future home in this enchanting neighborhood today!

Newest DRENNAN & SELDONS LASALLE COLLEGE PARK Homes with Two Architecture Level

$85,000
3 Beds 2 Baths 20261036809 MLS
Here's a cash-flowing tenant occupied brick rental with strong fundamentals already in place. Priced at $85,000 and currently rented at $1,448/month until June 2027, this 3-bedroom, 2-bath single-family home offers investors immediate income and attractive rent-to-price performance. From an investor standpoint, the numbers are strong. At the current rent, the property produces $17,376/year in gross rental income, which equals approximately a 20.4% gross rent-to-price return. For DSCR-focused buyers, the rental income gives this property attractive coverage potential. Based on an estimated 75% LTV loan, the current rent produces a strong estimated DSCR before taxes and insurance, and the scheduled rent increase improves that position even further. Final DSCR will depend on lender rate, taxes, insurance, and underwriting guidelines. The home also offers several ownership advantages investors look for. Brick construction, a good roof, a new furnace in 2024, and a new hot water heater in 2024 help reduce near-term capital concerns. The 1,603 sq ft layout includes 3 bedrooms, 2 full baths, a fireplace, and newer windows, giving tenants the comfort and functionality that support long-term occupancy. This is the kind of asset investors want in a buy-and-hold portfolio: already rented, solid monthly income, durable brick construction, and recent mechanical updates. Please do not disturb the tenants. Contact us for details and showing instructions.

11437 Kenmoor St, Detroit

Courtesy of Keller Williams First 8105151503

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