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$55,000
2 Beds ⋅ 1 Baths ⋅ 20261063198 MLS ⋅ ACTIVE Status
Attention investors and first-time home buyers! This 2-bedroom ranch is ready for its new owner and is conveniently located on a quiet block, with easy access to W Outer Dr Rd and Lahser Rd. Just minutes away from Eliza Howell Park. This property is ready to move in, freshly painted, features ceramic flooring, newer carpet in the bedrooms, a ceramic shower and flooring in the bathroom, and wood kitchen cabinets. An excellent opportunity for investors looking to expand their portfolio or first-time home buyers. The property may have the potential to rent for approximately $900 - $1,000 per month, which could offer a favorable return on investment. Buyers are encouraged to conduct their own due diligence regarding rental income and investment projections. The house also features a spacious backyard. The property is under surveillance. Schedule your showing today! Buyer’s agent to verify all information. All measurements are approximate. NO SELLER FINANCING. Seller is selling in AS-IS condition.

14874 Dolphin St, Detroit

Courtesy of RE/MAX Leading Edge 3132777777
$50,000
20261050604 MLS ⋅ ACTIVE Status
Opportunity awaits at 22019 Fenkell Street in Detroit. This recently remodeled 1,000 SF commercial building offers a clean, flexible layout ideal for a variety of business uses including retail, office, professional service, medical/dental, convenience, restaurant, or general commercial use. The property features a refreshed interior, central air, forced-air heat, 220V electric, public water/sewer, security system, smoke detectors, outside lighting, sidewalk frontage, and a rubber roof. Located near Fenkell and Lahser, the property offers street visibility, on-site/on-street parking options, alley access, and a fenced area. Great opportunity for an owner-user, small business operator, or investor seeking an affordable commercial asset. With potential rental income of approximately $1,100/month, this property may offer a projected return of over 15% ROI, depending on final purchase price, lease terms, expenses, financing, and buyer’s underwriting. Land contract terms available: $25,000 down, 8% interest, $1,500/month, 24-month term. Buyer/buyer’s agent to verify all information, zoning, intended use, measurements, rental projections, expenses, ROI, and city requirements.

22019 Fenkell St, Detroit

Courtesy of EXP Realty Main 8885017085