5981 University Place Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48224
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 964 sqft
Price per Sqft $97
MLS Listing ID 20251013249
Bedrooms 3
Full Baths 1
Year Built 1948
Annual Tax Amount $2,954
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40X133.38
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Great investment opportunity at 5981 University Pl, Detroit, MI! This tenant-occupied home, currently on Section?8, generates $995/month in steady rental income and offers solid long-term potential. Inside, you'll find a warm and inviting layout with hardwood floors, generous natural light, and charming vintage details. Located in a well-connected Detroit neighborhood close to schools, parks, shopping, and public transportation, it's perfect for both investors seeking reliable cash flow and buyers considering occupancy after lease end. Showings by appointment only with accepted offer. Buyer's agent to verify all information.
Location
State MI
County Wayne
Area Wayne County - 100
Direction Turn right on Chandler Park Dr onto University Pl
Interior
Heating Forced Air
Exterior
Exterior Feature Porch(es)
Parking Features Detached
Garage Spaces 2.0
View Y/N No
Garage Yes
Building
Story 2
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 21077459
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional