2744 Lawrence St, Detroit, MI 48206

$239,900
3
BD
2
BA
1,406
SqFt

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List Price
$239,900
MLS#
81026025777
Status
ACTIVE
Bedrooms
3
Bathrooms
2
Half-baths
1
Total Square Footage
1,406
Subdivision
J W LATHRUPS LAWRENCE & COLLINGWOOD AVES

Property Description

ATTENTION INVESTORS! Turnkey cash-flow opportunity at 2744 Lawrence Street, Detroit, MI 48206! This beautifully renovated 3-bedroom, 1.5-bath brick colonial comes with a new tenant already in place, paying $1,800 per month on a 12-month lease that began in July 2026, generating $21,600 in gross annual rental income from day one. Professionally appraised at $259,000 (full report available upon request), this property offers immediate income and long-term value. Recent renovations include a stunning kitchen with granite countertops, new cabinetry, brand-new stove, refrigerator, and dishwasher, new flooring throughout, fresh paint, updated bathrooms, modern lighting, and a new furnace. Additional features include a spacious living room, formal dining room, unfinished attic with future value-add potential, large private backyard, and detached 2-car garage. Ideally located just minutes from Boston-Edison, New Center, Downtown Detroit, major freeways, shopping, restaurants, and entertainment

Additional Information

Year Built
1924
Basement Type
Full
Foundation
Basement
Acres
0.10
Style
Colonial
Acres
0.10
School District
Detroit
Appliances
Dishwasher, Microwave, Refrigerator, Range
Heating
Forced Air, Natural Gas
Garage Spaces
2
Garage Description
Detached, Paved

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Courtesy of eXp Realty, LLC 8885017085