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$ 89,000
Est. payment /mo
New
12345 Kentucky Street Detroit, MI 48204
3 Beds
1 Bath
1,357 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,357 sqft
Price per Sqft $65
MLS Listing ID 20251040564
Bedrooms 3
Full Baths 1
Year Built 1921
Annual Tax Amount $1,580
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 40X100
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
This Detroit investment property is a solid opportunity for cash flow investors. Featuring 3 bedrooms, 1 bathroom, and 1,300 sq. ft. of living space, the home is already tenant-occupied through Section 8 at $1,224 per month. With an asking price of $89,000, this equates to an attractive ~16.5% gross ROI, making it a strong addition to any rental portfolio. The home offers a practical layout with spacious bedrooms and common areas, and it sits in a stable Detroit neighborhood with access to schools, parks, and major roadways. Reliable rental income is already in place, providing immediate returns from day one.
Location
State MI
County Wayne
Area Wayne County - 100
Direction Greenfield to Grandriver
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Spaces 1.0
View Y/N No
Garage Yes
Building
Story 2
Water Public
Structure Type Wood Siding
Schools
School District Detroit
Others
Tax ID W16I037212S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Next Level Realty & Investments
