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Richard Stewart

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

$ 125,000

Est. payment | -/mo

3 Beds

1 Bath

1,018 SqFt

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$ 125,000

Est. payment | -/mo

Save

3 Beds

1 Bath

1,018 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,018 sqft

Price per Sqft $122

MLS Listing ID 20261056868

Bedrooms 3

Full Baths 1

Year Built 1939

Annual Tax Amount $5,641

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 50X114.46

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

This renovated 3-bedroom, 1-bath brick bungalow is currently tenant occupied under an active lease generating $1,250 per month ($15,000 annually), offering investors immediate rental income and a quality addition to any investment portfolio. Renovated prior to tenant occupancy, the property features updated flooring, fresh paint, an updated kitchen with modern finishes, a renovated bathroom, and numerous additional interior improvements throughout. Offering approximately 1,018 square feet of living space, a full basement, natural fireplace, and detached 2-car garage, this home presents an excellent opportunity for investors seeking a well-maintained, income-producing asset with long-term appreciation potential. 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 Chandler Park and Cadieux

Interior

Heating Forced Air

Laundry Lower Level

Exterior

Exterior Feature Porch(es)

Parking Features Detached

Garage Spaces 1.0

View Y/N No

Roof Type Asphalt

Garage Yes

Building

Story 2

Sewer Public

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W21I076029S

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.

5913 Woodhall Street Detroit, MI 48224