USAMIDetroitGrand River Suburban16514 Burt Rd
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$84,900

16514 Burt Rd, Detroit, MI

House

For Sale

$--,---,---
310
  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 858 sqft
Garage Yes
Taxes $1,309
Days Active 2
Lot Size 
Approx. Age 1942
Avg. Price Per Sqft $98
MLS® Number 20251023502

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Fully tenant-occupied section?8 investment property rented at $905/month — below market value — with a long-term tenant of over?8?Years. Current rent is significantly below average for the area and can be increased to the current fair market rent of $1, 630/month for a 3-bed with a 60-day notice. Listed at $84, 900, this property offers stable, guaranteed income and strong upside potential. Located in a solid rental pocket of west detroit, this 3-bedroom bungalow is professionally managed and requires no rehab. Recent upgrades include a new roof, new mechanicals, and other major components, making this a low-maintenance, turnkey asset. With 20% down and standard investor financing, this is a high-yield opportunity that delivers consistent returns. Taxes and insurance are affordable, and the tenant’s long history reduces turnover risk. Ideal for local or out-of-state investors seeking reliable cash flow with minimal headaches. Showings only after accepted offer. Do not disturb tenant. Proof of funds or pre-approval required.Show Description
MLS® Number20251023502
Laundry Level
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageYes
Approx. Age1942
BasementUnfinished
DrivewayTwo Car Garage, Detached
Garage Spaces
HeatForced Air, Natural Gas
A/C
Heating Fuel

Extras

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