Average square foot calculated using Size range provided by listing agent.
Description
This tenant-occupied Detroit bungalow is a solid cash-flowing investment opportunity in a desirable rental pocket just off 8 Mile and Schoenherr. The property features 3 bedrooms, 1 bathroom, and 1, 300 sq ft of living space, with recent updates completed between 2022–2024 to bring the home into city compliance and improve both form and function. ? Long-term 10+ year tenant in place, paying $1, 000/month ? Lease secured through 2025, offering stable rental income ? Recent updates include a brand new driveway, gate, and backyard fence ? Porch and railing repairs completed for improved curb appeal ? Detached 1.5-car garage in solid condition ? Annual rental income: $12, 000 ? Nearby amenities include Aldi, Sea World Fish Market, Wish Egan Park, and Trix Academy ? Quick access to 8 Mile, Gratiot Ave, and I-94 for tenant convenience Whether you're building your portfolio or seeking a reliable income property, this well-maintained home offers excellent upside with minimal turnover risk.Show Description