18750 Kingsville St, Detroit, MI 48225

$100,000
3
BD
1
BA
970
SqFt

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List Price
$100,000
MLS#
20261036729
Status
ACTIVE
Bedrooms
3
Bathrooms
1
Total Square Footage
970
Subdivision
EAST PARK MANOR 2

Property Description

This beautifully renovated bungalow is truly turnkey — a great addition to any investor’s portfolio! Currently tenant-occupied at $1,250/month on a month-to-month Section 8 lease, this property provides immediate cash flow from day one with future upside potential through rent increases over time. The tenant is current on payments, takes pride in the home, and would love to remain for added stability. Professionally managed by a local property management company, buyers have the option to continue management for a seamless transition or self-manage the property. Conveniently located on Detroit’s east side with easy access to amenities and transportation, this is a solid income-producing opportunity in Detroit’s growing rental market. Subject to tenant’s rights. Please do not disturb tenants. No showings without an accepted offer. Photos were taken prior to tenant occupancy.

Additional Information

Year Built
1950
Basement Type
Unfinished
Foundation
Basement, Block
Acres
0.11
Style
Bungalow
Acres
0.11
School District
Detroit
Appliances
Dishwasher, Electric Oven, Refrigerator, Microwave
Heating
Forced Air, Natural Gas
Garage Spaces
1
Garage Description
1 Car, Detached

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Courtesy of Real Broker, LLC Troy 5172003245