8863 Coyle St, Detroit, MI 48228

$90,000
3
BD
1
BA
955
SqFt

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List Price
$90,000
MLS#
20261074712
Status
ACTIVE
Bedrooms
3
Bathrooms
1
Total Square Footage
955
Subdivision
FRISCHKORNS W CHICAGO BLVD ALSO P12

Property Description

CALLING ALL INVESTORS—TENANT OCCUPIED! Excellent income-producing opportunity offered at $90,000 with a long-term tenant currently paying $1,100 per month ( Full Voucher Section 8 ). The existing lease runs through December 31, 2026, providing immediate rental income and stability for the next owner. At the current rent, the property generates $13,200 in gross annual income providing a strong CAP / ROI Rate. Property is located in a quiet, well-maintained neighborhood. Showings will be limited and coordinated based on tenant availability.

Additional Information

Year Built
1939
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

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Courtesy of EXP Realty Main 8885017085