16135 Cherrylawn Street Active

Detroit,MI 48221

$ 84999

3 Beds

1 Bath

816 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 816 sqft

Price per Sqft $104

MLS Listing ID 20251020513

Bedrooms 3

Full Baths 1

Year Built 1952

Annual Tax Amount $1,840

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 35X123

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

Looking for a well-maintained, income-producing rental in one of Detroit's most promising neighborhoods? This 3-bedroom bungalow in Fitzgerald is tenant-occupied and ready to generate income from day one. The long-term tenant, currently on a month-to-month lease, will begin paying $1,200/month starting August 1st—and covers their own gas, electric, and water utilities. Ideally located near major freeways (M-10, I-75, I-96, and 8 Mile) and just seconds from University of Detroit Mercy, this property is a solid addition to any seasoned investor's portfolio—or a smart first purchase for a new landlord. Please do not disturb the tenant's quiet enjoyment. Act fast—this opportunity won't last! Property can also be sold as part of a package deal with 20443 Ilene and 20235 Ferguson for $225,000. Photos coming soon! for $225,000. Photos coming soon!

Location

State MI

County Wayne

Area Wayne County - 100

Direction N PURITAN W LIVERNOIS

Interior

Heating Forced Air

Laundry Lower Level

Exterior

View Y/N No

Garage No

Building

Story 2

Sewer Public

Water Public

Structure Type Brick,Vinyl Siding

Schools

School District Detroit

Others

Tax ID 16033321

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

View More
Favorite Go Tour