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Richard Stewart

richard@2693457000.com +1(269) 217-0411

$ 250,000

Est. payment | -/mo

4 Beds

3 Baths

1,712 SqFt

Save

$ 250,000

Est. payment | -/mo

Save

4 Beds

3 Baths

1,712 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,712 sqft

Price per Sqft $146

MLS Listing ID 20261056877

Bedrooms 4

Full Baths 2

Half Baths 1

Year Built 1912

Annual Tax Amount $1,756

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 30X122.75

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

This extensively renovated 4-bedroom, 2.5-bath Colonial is currently tenant occupied under an active lease of $2,100 per month ($25,200 annually), offering investors an exceptional opportunity to acquire a high-quality investment property. The property underwent a comprehensive renovation in 2025 featuring a beautifully updated chef's kitchen, remodeled bathrooms, luxury flooring, recessed lighting, new siding, new windows, a new roof, a two-zone furnace system, and numerous additional improvements throughout. Offering approximately 1,712 square feet above grade plus a partially finished basement, this well-appointed home combines excellent long-term investment potential with a prime location just minutes from Midtown and Downtown Detroit. The current tenant is on an agreed-upon repayment plan for prior rent arrearages, with ownership actively collecting under the terms of that agreement. Photos shown were taken prior to the current tenant's occupancy. Tenant occupied—please do not approach or disturb the tenant. Showings are reserved for parties with an accepted offer only. This property is one of 20 investment properties offered individually or as part of a portfolio acquisition. Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer's Agent to verify all information.

Location

State MI

County Wayne

Direction Woodward to Englewood East. Home is on your left

Rooms

Basement Partial

Interior

Interior Features Basement Partially Finished

Heating Forced Air

Exterior

Exterior Feature Fenced Back, Porch(es)

View Y/N No

Roof Type Asphalt

Garage No

Building

Story 2

Sewer Public

Water Public

Structure Type Vinyl Siding

Schools

School District Detroit

Others

Tax ID W03I002915S

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by EXP Realty Main

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(269) 217-0411

richard@2693457000.com

828 Portage St, Kalamazoo, MI, 49001, United States

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Licensing & Affiliation Disclosure: > Richard Stewart is the Principal Broker of REO Specialists, L.L.C. and an Associate Broker with Real Broker LLC. All real estate brokerage activities are conducted in compliance with Michigan licensing laws. Richard Stewart’s Equity Recovery Program is a professional real estate service and does not provide legal or tax advice. Homeowners should consult with legal counsel regarding their specific rights during the Michigan foreclosure redemption period.

551 Englewood Street Detroit, MI 48202