REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Richard Stewart

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

$ 235,000

Est. payment | -/mo

5 Beds

2 Baths

2,442 SqFt

Save

$ 235,000

Est. payment | -/mo

Save

5 Beds

2 Baths

2,442 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,442 sqft

Price per Sqft $96

Municipality Highland Park City

Subdivision Highland Park City

MLS Listing ID 20261056873

Bedrooms 5

Full Baths 2

Year Built 1916

Annual Tax Amount $1,214

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 35X132.83

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

This extensively renovated 5-bedroom, 2-bath Colonial is currently tenant occupied with a lease generating $2,100 per month ($25,200 annually), providing immediate rental income from day one. Acquired in 2023 and fully renovated prior to tenant occupancy, the property features updated flooring, fresh paint, a modernized kitchen, renovated bathrooms, newer windows, updated electrical and plumbing, a newer roof, and numerous additional improvements throughout. Offering approximately 2,442 square feet of living space, spacious room sizes, and a versatile floor plan, this property presents an outstanding opportunity for investors seeking a quality, low-maintenance asset with strong long-term appreciation potential. Photos taken prior to tenant occupancy are available upon verification of proof of funds. 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 Travel North on Hamilton Ave, past Chicago Blvd, Make a left on Elmhurst

Interior

Heating Forced Air

Exterior

Exterior Feature Porch(es)

View Y/N No

Roof Type Asphalt

Garage No

Building

Story 2

Sewer Public

Water Public

Structure Type Brick

Schools

School District Highland Park

Others

Tax ID 43018100070000

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

GET MORE INFORMATION

Name

Email*

Phone*

Message

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.

343 Elmhurst Street Highland Park, MI 48203