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$69,000
3 Beds ⋅ 1 Baths ⋅ 81026036572 MLS
Tenant-Occupied Detroit Investment Opportunity Great opportunity to add a cash-flowing property to your investment portfolio! This 3-bedroom, 1-bath bungalow features hardwood floors, a spacious backyard, and a convenient Detroit location near major surface streets and public transportation. The property is currently tenant occupied and generating $975 per month in rental income. The existing lease expires in August, and the home is professionally managed by an experienced property management company. This highly sought-after, income-producing property is ideal for investors looking for an established rental with management already in place. Opportunities like this do not last long--act fast!

19514 Blackstone St, Detroit

Courtesy of Detroit Metro Realty 3134885585
$79,000
3 Beds ⋅ 2 Baths ⋅ 20261042888 MLS
****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!

19405 Pierson St, Detroit

Courtesy of EXP Realty Main 8885017085