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$ 84,999
Est. payment /mo
Active
16135 Cherrylawn Street Detroit, MI 48221
3 Beds
1 Bath
816 SqFt
UPDATED:
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
Listed by Berkshire Hathaway HomeServices The Loft Warehouse