15860 Sorrento St, Detroit, MI 48227

$115,000
3
BD
2
BA
1,479
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$115,000
MLS#
20261054096
Status
ACTIVE
Bedrooms
3
Bathrooms
2
Half-baths
1
Total Square Footage
1,479
Subdivision
COLLEGE CREST SUB 1PLATS

Property Description

Excellent opportunity to add a cash-flowing investment property to your portfolio! This tenant-occupied brick home is currently rented on a month-to-month lease at $1,000 per month, providing immediate income with significant upside potential. The current rent is well below today's market rates, making this an outstanding value-add opportunity for investors looking to increase cash flow over time. Pricing reflects the below-market rent, creating exceptional value for savvy buyers. Whether you're looking to continue collecting rental income or gradually reposition the property to maximize returns, this is a strong investment opportunity you won't want to miss. To respect tenant privacy, no showings until an accepted offer.

Additional Information

Year Built
1940
Basement Type
Unfinished
Foundation
Basement, Block
Acres
0.09
Style
Bungalow
Acres
0.09
School District
Detroit
Cooling
Central Air
Heating
Forced Air, Natural Gas
Garage Spaces
1
Garage Description
1 Car, Detached

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Keller Williams Somerset 2486497200