19405 Pierson St, Detroit, MI 48219

$79,000
3
BD
2
BA
1,761
SqFt

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List Price
$79,000
MLS#
20261042888
Status
ACTIVE
Bedrooms
3
Bathrooms
2
Total Square Footage
1,761
Subdivision
ST MARTINS (PLATS)

Property Description

****CALLING ALL INVESTORS! This newly remodeled 3-bedroom, 2-bath brick bungalow is the perfect addition to your investment portfolio or an ideal starter home. With over $30K in upgrades, this turnkey property is move-in ready and maintenance-free. Recent 2022 updates include a new roof, furnace, hot water tank, refinished hardwood floors, updated bathrooms with new vanities, new blinds, and a fully renovated kitchen with new countertops. Investors will appreciate that the current owner/management company has a pre-qualified tenant ready to move in, though the home is being marketed to both investors and first-time buyers. With current rent comps in the area averaging $1,250/month, and yearly expenses—including taxes and insurance—totaling less than $3,000, this property offers a strong ROI and a healthy cap rate. Located in the quiet and well-maintained Martins Subdivision, this is an opportunity you don’t want to miss!

Additional Information

Year Built
1948
Basement Type
Partial
Foundation
Basement, Poured Concrete
Acres
0.13
Style
Bungalow
Acres
0.13
School District
Detroit
Heating
Forced Air, Natural Gas
Garage Spaces
2
Garage Description
2 Car, Detached

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Courtesy of EXP Realty Main 8885017085