17344 Salem St, Detroit, MI 48219

$99,000
3
BD
2
BA
1,000
SqFt

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List Price
$99,000
MLS#
20261034802
Status
ACTIVE
Bedrooms
3
Bathrooms
2
Half-baths
1
Total Square Footage
1,000
Subdivision
MORTENSONS GRAND RIVER

Property Description

Excellent investment opportunity at 17344 Salem in Detroit! This well-maintained 3-bedroom, 1.5-bath bungalow is tenant-occupied with a long-term, reliable tenant who has been in the property for over 10 years and is signing a new lease at $1,300 per month, making this a strong turnkey addition to any investor’s portfolio. The home features an updated kitchen and full bathroom, plenty of natural light throughout, and a full basement with updated plumbing. Major improvements include a newer roof replaced within the last few years, helping provide peace of mind for future ownership. Outside, you’ll find a large backyard along with a detached two-car garage. The property previously appraised for $120,000 just a couple of years ago, adding to the overall value and upside potential. Whether you are a seasoned investor or looking to start your rental portfolio, this income-producing property is a great low maintenance option!

Additional Information

Year Built
1944
Basement Type
Unfinished
Foundation
Basement, Brick/Mortar
Acres
0.20
Style
Bungalow
Acres
0.20
School District
Detroit
Heating
Forced Air, Natural Gas
Garage Spaces
2
Garage Description
2 Car, Detached

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Courtesy of Keller Williams Somerset 2486497200