15734 Cruse St, Detroit, MI 48227

$160,000
5
BD
2
BA
1,639
SqFt

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List Price
$160,000
MLS#
20261032967
Status
ACTIVE
Bedrooms
5
Bathrooms
2
Half-baths
1
Total Square Footage
1,639
Subdivision
GROVELAND

Property Description

Great investment opportunity in the heart of Detroit! Formerly a duplex and currently converted into a spacious single-family home, 15734 Cruse St offers strong potential for both investors and owner-occupants alike. This tenant-occupied property features an updated kitchen, updated bathroom, generous living space, and a flexible floor plan with the possibility for future multifamily use. Currently occupied by a Section 8 tenant paying $1,800/month, offering immediate and reliable rental income with an estimated 13% cap rate. A great addition to any investment portfolio. Conveniently located near shopping, schools, major freeways, and local amenities. Tenant occupied — please do not disturb tenants. Showings available with accepted offer or approved access only.

Additional Information

Year Built
1928
Basement Type
Unfinished
Foundation
Basement, Block
Acres
0.10
Style
Colonial
Acres
0.10
School District
Detroit
Heating
Forced Air, Natural Gas
Garage Spaces
1
Garage Description
1 Car, Detached

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Calculator source: Real Geeks

Courtesy of Sonic Realty LLC 3134844696